Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela (CIF) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $4,192 per ton, jumping by 25% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 57% against the previous year. The import price peaked at $5,341 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 ($8,068 per ton), while the price for the Netherlands ($2,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela
In 2022, approx. 13 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Venezuela; picking up by 225% compared with the previous year. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes soared to $54K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 17.6 | 15.2 | 8.6 | 27.0 | 15.3% |
| Colombia | 1.6 | 10.1 | 1.5 | 17.3 | 121.1% |
| United Kingdom | 1.6 | 5.1 | 0.9 | 2.9 | 21.9% |
| Netherlands | 1.9 | 5.3 | 0.9 | 2.7 | 12.4% |
| Italy | 1.7 | 5.0 | 0.8 | 2.6 | 15.2% |
| United States | 2.0 | 4.9 | 0.7 | 1.5 | -9.1% |
| Others | 1.8 | 5.6 | N/A | 0.1 | -61.8% |
| Total | 28.0 | 51.2 | 13.3 | 54.1 | 24.6% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Venezuela in 2022:
- Panama (6.2 tons)
- Colombia (4.4 tons)
- Netherlands (1.0 tons)
- United Kingdom (0.6 tons)
- United States (0.4 tons)
- Italy (0.3 tons)
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