Price for Vegetable Saps and Extracts; Opium in Venezuela - 2022

Price for Vegetable Saps and Extracts; Opium in Venezuela (CIF) - 2022

The average import price for vegetable saps and extracts; opia stood at $1,577 per ton in 2022, almost unchanged from the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11%. The import price peaked at $2,423 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -11.9% per year.

Imports of Vegetable Saps and Extracts; Opium in Venezuela

In 2022, imports of vegetable saps and extracts; opia into Venezuela fell notably to 267 kg, which is down by -47.2% on 2021 figures. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 21%.

In value terms, vegetable saps and extracts; opium imports fell rapidly to $421 in 2022. In general, imports saw a dramatic downturn. The smallest decline of -19.9% was in 2021.