Price for Protein; Concentrates and Textured Protein Substances in Venezuela - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Venezuela (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Venezuela (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Venezuela
- Exports of Protein; Concentrates and Textured Protein Substances in Venezuela
Price for Protein; Concentrates and Textured Protein Substances in Venezuela (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $2,973 per ton, approximately reflecting the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein; concentrates and textured protein substanceses decreased by -13.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure at $4,599 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($11,488 per ton), while the price for Argentina ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Venezuela (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $2,574 per ton, dropping by -4.9% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 8.4% against the previous year. As a result, the export price attained the peak level of $15,512 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -15.8% per year.
Imports of Protein; Concentrates and Textured Protein Substances in Venezuela
In 2022, overseas purchases of protein; concentrates and textured protein substanceses decreased by -19% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 199% against the previous year.
In value terms, imports of protein; concentrates and textured protein substanceses reduced sharply to $6.5M in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 245%.
| Import of Protein; Concentrates and Textured Protein Substances in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 715 | 3,492 | 5,786 | 3,132 | 63.6% |
| China | 138 | 555 | 878 | 1,848 | 137.5% |
| Denmark | 371 | 546 | 650 | 817 | 30.1% |
| Brazil | 48.5 | 189 | 317 | 372 | 97.2% |
| Argentina | 13.4 | 39.2 | 41.3 | 45.9 | 50.7% |
| Others | 170 | 202 | 223 | 244 | 12.8% |
| Total | 1,457 | 5,023 | 7,894 | 6,458 | 64.3% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Venezuela in 2022:
- United States (851.8 tons)
- China (666.3 tons)
- Brazil (294.8 tons)
- Denmark (249.7 tons)
- Argentina (88.6 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Venezuela
In 2022, exports of protein; concentrates and textured protein substanceses from Venezuela soared to 408 kg, increasing by 28% against 2021 figures. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73%. As a result, the exports attained the peak of 492 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $1.1K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 77%. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Protein; Concentrates and Textured Protein Substances in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 658 | 1,211 | 856 | 1,037 | 16.4% |
| Others | 43.0 | 27.0 | 7.0 | 13.0 | -32.9% |
| Total | 701 | 1,238 | 863 | 1,050 | 14.4% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Venezuela in 2022:
- Aruba (403.0 kg)
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