Price for Iodides and Iodide Oxides in Venezuela - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Venezuela (CIF) - 2022
  2. Imports of Iodides and Iodide Oxides in Venezuela

Price for Iodides and Iodide Oxides in Venezuela (CIF) - 2022

The average iodides and iodide oxides import price stood at $34,567 per ton in 2022, waning by -3.9% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 68%. The import price peaked at $71,268 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Germany ($145,688 per ton), while the price for the United States ($5,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Venezuela

After three years of growth, supplies from abroad of iodides and iodide oxideses decreased by -19.6% to 1.6 tons in 2022. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of 2 tons, and then declined remarkably in the following year.

In value terms, iodides and iodide oxides imports declined significantly to $56K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of $73K, and then reduced sharply in the following year.

Import of Iodides and Iodide Oxides in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile16.224.138.831.024.2%
India4.25.911.510.134.0%
China0.13.113.07.6323.6%
United States4.15.06.64.31.6%
Mexico0.20.30.40.314.5%
Others2.71.22.32.92.4%
Total27.539.672.656.126.8%

Top Suppliers of Iodides and Iodide Oxides to Venezuela in 2022:

  1. United States (863.0 kg)
  2. Chile (319.0 kg)
  3. India (201.0 kg)
  4. China (162.0 kg)
  5. Mexico (45.0 kg)

Source: IndexBox Market Intelligence Platform

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