Price for Poly(Lactic Acid); in Primary Forms in Venezuela - 2022

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Venezuela (CIF) - 2022
  2. Imports of Poly(Lactic Acid); in Primary Forms in Venezuela

Price for Poly(Lactic Acid); in Primary Forms in Venezuela (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $1,839 per ton, stabilizing at the previous year. In general, the import price, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 6.2% against the previous year. Over the period under review, average import prices attained the peak figure at $8,214 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,525 per ton), while the price for the United States amounted to $1,611 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%).

Imports of Poly(Lactic Acid); in Primary Forms in Venezuela

Poly(lactic acid); in primary forms imports into Venezuela totaled 7.4 tons in 2022, flattening at the previous year. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 632%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, poly(lactic acid); in primary forms imports amounted to $14K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 678% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Poly(Lactic Acid); in Primary Forms in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.81.611.411.2-1.7%
China1.70.22.12.412.2%
OthersN/AN/AN/AN/A0%
Total13.51.713.513.60.2%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Venezuela in 2022:

  1. United States (7.0 tons)
  2. China (0.4 tons)

Source: IndexBox Market Intelligence Platform

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