Salts; Molybdates Price in Venezuela - 2022
Contents:
Salts; Molybdates Price in Venezuela (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $13,870 per ton, which is down by -3.4% against the previous year. Overall, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $32,115 per ton. From 2016 to 2022, the average 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 ($275,000 per ton), while the price for Canada ($1,804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.3%), while the prices for the other major suppliers experienced a decline.
Salts; Molybdates Imports in Venezuela
In 2022, the amount of salts; molybdateses imported into Venezuela rose markedly to 269 kg, picking up by 14% compared with 2021. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. As a result, imports attained the peak of 301 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, salts; molybdates imports stood at $3.7K in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports attained the peak of $4.1K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Salts; Molybdates in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 1,978 | 2,710 | 2,354 | 2,702 | 11.0% |
Germany | 555 | 695 | 551 | 577 | 1.3% |
Canada | 184 | 181 | 112 | 92.0 | -20.6% |
Mexico | 19.0 | 22.0 | 16.0 | 16.0 | -5.6% |
Others | 386 | 466 | 354 | 344 | -3.8% |
Total | 3,122 | 4,074 | 3,387 | 3,731 | 6.1% |
Top Suppliers of Salts; Molybdates to Venezuela in 2022:
- Chile (137.0 kg)
- Germany (72.0 kg)
- Canada (51.0 kg)
- Mexico (4.0 kg)
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