Starch; Manioc (Cassava) Price in Venezuela - 2022
Contents:
- Starch; Manioc (Cassava) Price in Venezuela (CIF) - 2022
- Starch; Manioc (Cassava) Imports in Venezuela
Starch; Manioc (Cassava) Price in Venezuela (CIF) - 2022
In 2022, the average starch; manioc (cassava) import price amounted to $871 per ton, with an increase of 65% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) import price increased by +77.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Brazil ($924 per ton), while the price for China ($433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Venezuela
In 2022, purchases abroad of starch; manioc (cassava)s decreased by -13.3% to 874 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 372% against the previous year. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, starch; manioc (cassava) imports surged to $761K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 327% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Starch; Manioc (Cassava) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 64.6 | 649 | 184 | 488 | 96.2% |
| Paraguay | 118 | 741 | 229 | 154 | 9.3% |
| Colombia | 64.7 | 75.5 | 82.9 | 61.5 | -1.7% |
| Vietnam | 35.0 | 17.3 | 17.8 | 33.6 | -1.4% |
| Thailand | 70.9 | 50.3 | 15.0 | 8.6 | -50.5% |
| China | 7.8 | 7.5 | 3.6 | 6.3 | -6.9% |
| Others | N/A | N/A | N/A | 9.4 | 0% |
| Total | 361 | 1,540 | 532 | 761 | 28.2% |
Top Suppliers of Starch; Manioc (Cassava) to Venezuela in 2022:
- Brazil (527.9 tons)
- Paraguay (173.2 tons)
- Colombia (79.7 tons)
- Vietnam (43.0 tons)
- Thailand (17.7 tons)
- China (14.6 tons)
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