Non-Liquid Margarine Price in Venezuela - 2022
Contents:
- Non-Liquid Margarine Price in Venezuela (FOB) - 2022
- Non-Liquid Margarine Price in Venezuela (CIF) - 2022
- Non-Liquid Margarine Exports in Venezuela
- Non-Liquid Margarine Imports in Venezuela
Non-Liquid Margarine Price in Venezuela (FOB) - 2022
In 2022, the average non-liquid margarine export price amounted to $2,322 per ton, falling by -2.8% against the previous year. Overall, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 92%. Over the period under review, the average export prices attained the maximum at $3,031 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($2,453 per ton), while the average price for exports to Aruba ($245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Liquid Margarine Price in Venezuela (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $963 per ton, almost unchanged from the previous year. Overall, the import price, however, saw a abrupt decline. The growth pace was the most rapid in 2015 when the average import price increased by 11%. As a result, import price reached the peak level of $2,277 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($1,964 per ton), while the price for Colombia ($413 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.7%), while the prices for the other major suppliers experienced a decline.
Non-Liquid Margarine Exports in Venezuela
In 2022, shipments abroad of non-liquid margarine decreased by -29.4% to 159 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,695% against the previous year.
In value terms, non-liquid margarine exports shrank dramatically to $369K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,355% against the previous year.
| Export of Non-Liquid Margarine in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 99.8 | 285 | 206 | 43.7% |
| Chile | N/A | N/A | 2.8 | 116 | 4042.9% |
| Peru | N/A | 89.7 | 239 | 45.5 | -28.8% |
| Others | 5.8 | 10.4 | 10.5 | 1.0 | -44.3% |
| Total | 5.8 | 200 | 537 | 369 | 299.2% |
Top Export Markets for Non-Liquid Margarine from Venezuela in 2022:
- United States (87.2 tons)
- Chile (52.0 tons)
- Peru (18.6 tons)
Non-Liquid Margarine Imports in Venezuela
In 2022, overseas purchases of non-liquid margarine were finally on the rise to reach 331 tons after two years of decline. In general, imports, however, recorded a abrupt descent.
In value terms, non-liquid margarine imports expanded rapidly to $319K in 2022. Over the period under review, imports, however, showed a deep setback.
| Import of Non-Liquid Margarine in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 361 | 334 | 279 | 306 | -5.4% |
| Colombia | 11.5 | 4.4 | 7.2 | 6.9 | -15.7% |
| Others | 35.6 | 7.4 | 5.9 | 6.3 | -43.9% |
| Total | 408 | 346 | 293 | 319 | -7.9% |
Top Suppliers of Non-Liquid Margarine to Venezuela in 2022:
- Brazil (309.0 tons)
- Colombia (16.7 tons)
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