Price for Albumins; Albuminates and Other Albumin Derivatives in Venezuela - 2022

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Venezuela (FOB) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Venezuela (CIF) - 2022
3. Exports of Albumins; Albuminates and Other Albumin Derivatives in Venezuela
4. Imports of Albumins; Albuminates and Other Albumin Derivatives in Venezuela

Price for Albumins; Albuminates and Other Albumin Derivatives in Venezuela (FOB) - 2022

In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $17,382 per ton, with a decrease of -4.1% against the previous year. In general, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 34% against the previous year. The export price peaked at $18,116 per ton in 2021, and then reduced modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +8.3% per year.

Price for Albumins; Albuminates and Other Albumin Derivatives in Venezuela (CIF) - 2022

The average import price for albumins; albuminates and other albumin derivativeses stood at $4,858 per ton in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 20% against the previous year. As a result, import price reached the peak level of $17,055 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($23,871 per ton), while the price for Belgium ($1,498 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 a decline.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Venezuela

In 2022, after two years of decline, there was growth in overseas shipments of albumins; albuminates and other albumin derivativeses, when their volume increased by 0.1% to 79 tons. In general, exports, however, showed a relatively flat trend pattern.

In value terms, exports of albumins; albuminates and other albumin derivativeses shrank slightly to $1.4M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 8.7%. As a result, the exports attained the peak of $1.4M, and then reduced modestly in the following year.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Venezuela in 2022:

1. Japan (78.9 tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Venezuela

In 2022, purchases abroad of albumins; albuminates and other albumin derivativeses was finally on the rise to reach 46 tons after two years of decline. Overall, imports, however, continue to indicate a deep downturn.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $224K in 2022. In general, imports, however, continue to indicate a abrupt decrease.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Venezuela in 2022:

1. Belgium (28.8 tons)
2. New Zealand (9.2 tons)
3. Colombia (2.3 tons)
4. Switzerland (2.2 tons)
5. Argentina (1.1 tons)
6. Netherlands (1.0 tons)
7. Italy (0.8 tons)
8. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform