Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela - 2022
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (CIF) - 2022
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (FOB) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (CIF) - 2022
The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $10,823 per ton in 2022, increasing by 34% against the previous year. Overall, the import price posted a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 463% against the previous year. As a result, import price reached the peak level of $17,981 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($77,580 per ton), while the price for Italy ($811 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+1,776.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (FOB) - 2022
In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $21,858 per ton, picking up by 3.8% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 64%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($62,381 per ton), while the average price for exports to Costa Rica ($8,166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela
In 2022, the amount of lac; natural gums, resins, gum-resins and balsamses imported into Venezuela surged to 34 tons, picking up by 62% compared with 2021 figures. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 124% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses soared to $371K in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 23.7 | 35.2 | 75.9 | 162 | 89.8% |
| China | 11.4 | 14.3 | 26.1 | 46.9 | 60.2% |
| Mexico | 5.6 | 8.7 | 19.4 | 42.9 | 97.1% |
| United States | 13.0 | 14.7 | 24.2 | 39.4 | 44.7% |
| France | 2.7 | 0.9 | 6.1 | 36.6 | 138.4% |
| Germany | 2.0 | 2.3 | 8.5 | 25.7 | 134.2% |
| Panama | 1.4 | 0.1 | 3.3 | 6.2 | 64.2% |
| Brazil | 0.6 | 0.1 | 1.0 | 1.9 | 46.8% |
| Others | 3.4 | 3.8 | 6.2 | 9.8 | 42.3% |
| Total | 63.7 | 80.0 | 171 | 371 | 79.9% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Venezuela in 2022:
- United States (12.3 tons)
- Panama (5.0 tons)
- France (3.8 tons)
- Mexico (3.5 tons)
- China (2.3 tons)
- Pakistan (2.1 tons)
- Brazil (1.6 tons)
- Germany (1.6 tons)
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela
Exports of lac; natural gums, resins, gum-resins and balsamses from Venezuela skyrocketed to 2.4 tons in 2022, picking up by 16% on the previous year's figure. In general, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. As a result, the exports attained the peak of 5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $52K in 2022. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. As a result, the exports attained the peak of $85K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 42.4 | 29.2 | 40.6 | 47.4 | 3.8% |
| Costa Rica | 1.1 | 0.2 | 1.9 | 3.7 | 49.8% |
| Panama | 1.3 | 0.9 | 1.2 | 1.3 | 0.0% |
| Spain | N/A | 54.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 44.8 | 85.1 | 43.7 | 52.4 | 5.4% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Venezuela in 2022:
- France (1921.0 kg)
- Costa Rica (452.0 kg)
- Panama (21.0 kg)
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