Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela - 2022

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela (CIF) - 2022
  2. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $10,187 per ton, surging by 9.8% against the previous year. Overall, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 49%. The import price peaked at $16,680 per ton in 2012; however, from 2013 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 France ($62,938 per ton), while the price for Mexico ($432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced a decline.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, when their volume decreased by -32.2% to 19 tons. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 85%.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses plummeted to $197K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $265K, and then contracted significantly in the following year.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States85.699.414014118.1%
China25.938.650.022.3-4.9%
Colombia1.07.88.515.7150.4%
India2.93.618.67.134.8%
Germany8.54.54.53.1-28.6%
Mexico0.80.70.70.6-9.1%
Others36.431.342.07.2-41.7%
Total1611862651977.0%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Venezuela in 2022:

  1. United States (15.7 tons)
  2. China (2.6 tons)
  3. Colombia (1.6 tons)
  4. India (1.5 tons)
  5. Mexico (1.3 tons)
  6. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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