Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela - 2022

Contents:

  1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela (CIF) - 2022
  2. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela (CIF) - 2022

In 2022, the average import price for imides and their derivatives; other kinds, excluding saccharins amounted to $18,010 per ton, jumping by 180% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 336% against the previous year. Over the period under review, average import prices hit record highs at $44,219 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($52,995 per ton), while the price for India ($4,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela

For the fourth year in a row, Venezuela recorded growth in purchases abroad of imides and their derivatives; other kinds, excluding saccharins, which increased by 27% to 2.3 tons in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 126% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins surged to $42K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.915.97.613.290.8%
ItalyN/AN/AN/A10.60%
Japan18.1N/A2.35.4-33.2%
IndiaN/AN/A1.42.042.9%
ColombiaN/AN/A0.6N/A0%
OthersN/AN/AN/A10.60%
Total20.015.911.841.827.9%

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Venezuela in 2022:

  1. China (1300.0 kg)
  2. India (460.0 kg)
  3. Italy (200.0 kg)
  4. Japan (160.0 kg)

Source: IndexBox Market Intelligence Platform

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