Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela - 2022
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (CIF) - 2022
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,084 per ton in 2022, jumping by 47% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 81% against the previous year. The import price peaked at $1,171 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,071 per ton), while the price for Mexico ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,379 per ton, waning by -5.1% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +64.3% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 30% against the previous year. As a result, the export price reached the peak level of $1,453 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($2,628 per ton), while the average price for exports to Colombia ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela
In 2022, approx. 14K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were imported into Venezuela; increasing by 9.5% on the previous year. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 299% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $15M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 245% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 0.5 | 1.7 | 4.6 | 6.3 | 132.7% |
| Peru | N/A | 0.1 | 1.5 | 3.0 | 447.7% |
| Dominican Republic | N/A | 0.1 | 1.6 | 2.2 | 369.0% |
| China | 0.2 | 0.4 | 0.5 | 2.0 | 115.4% |
| Tunisia | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 0.1 | 0.4 | 1.0 | 1.3 | 135.1% |
| Total | 1.0 | 2.7 | 9.4 | 15.1 | 147.2% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Venezuela in 2022:
- Colombia (7.5K tons)
- Peru (2.4K tons)
- Dominican Republic (1.6K tons)
- China (1.4K tons)
- Tunisia (0.4K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela
After two years of decline, overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by 5.4% to 74 tons in 2022. In general, exports, however, saw a significant decline.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses shrank to $102K in 2022. Over the period under review, exports, however, continue to indicate a precipitous slump.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 101 | 68.9 | 46.6 | 50.4 | -20.7% |
| Panama | 59.0 | 31.5 | 16.6 | 14.1 | -37.9% |
| Dominican Republic | 31.5 | 19.9 | 12.4 | 12.3 | -26.9% |
| Peru | 27.1 | 17.4 | 11.0 | 11.1 | -25.7% |
| Uruguay | 18.6 | 11.3 | 6.7 | 6.4 | -29.9% |
| Argentina | 6.0 | 4.1 | 2.8 | 3.0 | -20.6% |
| Chile | 8.0 | 4.4 | 2.4 | 2.2 | -35.0% |
| Colombia | 12.7 | 5.8 | 2.6 | 1.9 | -46.9% |
| Others | 4.4 | 2.2 | 1.1 | 0.9 | -41.1% |
| Total | 268 | 166 | 102 | 102 | -27.5% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Venezuela in 2022:
- Brazil (19.2 tons)
- Panama (16.1 tons)
- Dominican Republic (13.5 tons)
- Peru (9.0 tons)
- Uruguay (8.5 tons)
- Colombia (2.6 tons)
- Argentina (2.2 tons)
- Chile (1.9 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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