Ester Gums Price in Venezuela - 2022

Contents:

  1. Ester Gums Price in Venezuela (CIF) - 2022
  2. Ester Gums Imports in Venezuela

Ester Gums Price in Venezuela (CIF) - 2022

In 2022, the average ester gums import price amounted to $5,679 per ton, rising by 30% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ester gums import price increased by +38.4% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the peak figure at $6,258 per ton in 2016; however, from 2017 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 Mexico ($19,476 per ton), while the price for Argentina ($2,073 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ester Gums Imports in Venezuela

In 2022, the amount of ester gumses imported into Venezuela surged to 40 tons, jumping by 699% on 2021. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ester gums imports soared to $229K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ester Gums in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru2.24.57.159.4200.0%
Argentina1.43.04.942.6212.2%
Italy0.41.02.832.8334.4%
Mexico1.32.63.932.0190.9%
China0.81.52.218.1182.8%
Others0.31.61.244.3428.6%
Total6.514.322.0229227.8%

Top Suppliers of Ester Gums to Venezuela in 2022:

  1. Argentina (20.6 tons)
  2. China (7.9 tons)
  3. Peru (5.4 tons)
  4. Italy (2.1 tons)
  5. Mexico (1.6 tons)

Source: IndexBox Market Intelligence Platform

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