Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,661 per ton, which is down by -40.1% against the previous year. In general, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 108% against the previous year. Over the period under review, average import prices attained the peak figure at $15,384 per ton in 2014; however, from 2015 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 Italy ($28,000 per ton), while the price for the United States ($5,890 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $7,920 per ton, with a decrease of -8.4% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 25%. The export price peaked at $40,266 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -9.2% per year.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela
In 2022, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into Venezuela skyrocketed to 12 tons, with an increase of 176% compared with 2021 figures. Over the period under review, imports recorded significant 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, other than benzaldehydes skyrocketed to $83K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 14.7 | 10.9 | 12.7 | 31.5 | 28.9% |
| United States | 8.1 | 22.7 | 16.0 | 24.4 | 44.4% |
| Netherlands | 3.6 | 6.5 | 10.6 | 10.8 | 44.2% |
| Spain | 5.9 | 3.9 | 3.6 | 10.1 | 19.6% |
| United Kingdom | 6.3 | 6.9 | 3.8 | 5.3 | -5.6% |
| Others | 1.8 | 0.7 | 0.4 | 1.3 | -10.3% |
| Total | 40.5 | 51.7 | 46.9 | 83.5 | 27.3% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Venezuela in 2022:
- Colombia (5.2 tons)
- United States (4.1 tons)
- Spain (1.2 tons)
- Netherlands (0.7 tons)
- United Kingdom (0.3 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela
For the fourth year in a row, Venezuela recorded growth in overseas shipments of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 11% to 50 kg in 2022. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $396 in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 383 | 386 | 389 | 396 | 1.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 383 | 386 | 389 | 396 | 1.1% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Venezuela in 2022:
- Costa Rica (50.0 kg)
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