Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela - 2022

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $176,000 per ton, stabilizing at the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in 2017 when the average import price increased by 1.3%. Over the period under review, average import prices reached the maximum at $263,275 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.9% per year.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves, when their volume decreased by -21.6% to 98 kg. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 125 kg, and then declined sharply in the following year.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves contracted significantly to $17K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 73%. As a result, imports reached the peak of $22K, and then reduced remarkably in the following year.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.012.621.917.229.1%
OthersN/AN/AN/AN/A0%
Total8.012.621.917.229.1%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Venezuela in 2022:

  1. India (98.0 kg)

Source: IndexBox Market Intelligence Platform

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