Price for Quinones; Other than Anthraquinone in Venezuela - 2022

Contents:

1. Price for Quinones; Other than Anthraquinone in Venezuela (CIF) - 2022
2. Price for Quinones; Other than Anthraquinone in Venezuela (FOB) - 2022
3. Imports of Quinones; Other than Anthraquinone in Venezuela
4. Exports of Quinones; Other than Anthraquinone in Venezuela

Price for Quinones; Other than Anthraquinone in Venezuela (CIF) - 2022

The average quinones; other than anthraquinone import price stood at $8,445 per ton in 2022, which is down by -29% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $28,103 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($11,011 per ton), while the price for China ($8,345 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.4%), while the prices for the other major suppliers experienced a decline.

Price for Quinones; Other than Anthraquinone in Venezuela (FOB) - 2022

The average quinones; other than anthraquinone export price stood at $84,000 per ton in 2022, which is down by -9.7% against the previous year. Overall, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 an increase of 34% against the previous year. Over the period under review, the average export prices reached the peak figure at $167,333 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -3.6% per year.

Imports of Quinones; Other than Anthraquinone in Venezuela

For the fourth year in a row, Venezuela recorded growth in purchases abroad of quinones; other than anthraquinones, which increased by 43% to 10 tons in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 287% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, quinones; other than anthraquinone imports totaled $84K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 199%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Quinones; Other than Anthraquinone to Venezuela in 2022:

1. China (9.5 tons)
2. United States (0.3 tons)
3. United Kingdom (0.2 tons)

Exports of Quinones; Other than Anthraquinone in Venezuela

Quinones; other than anthraquinone exports from Venezuela amounted to 1 kg in 2022, remaining stable against 2021 figures. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, quinones; other than anthraquinone exports shrank to $84 in 2022. In general, exports saw a deep contraction.

Top Export Markets for Quinones; Other than Anthraquinone from Venezuela in 2022:

1. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform