Price for Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela - 2022
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $3,870 per ton in 2022, increasing by 12% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $4,177 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Argentina ($49,711 per ton), while the price for India ($910 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (FOB) - 2022
The average export price for spices; mixtures of 2 or more products of the same heading stood at $2,745 per ton in 2022, falling by -11.1% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2015 when the average export price increased by 6.9%. The export price peaked at $4,904 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,756 per ton), while the average price for exports to the UK ($855 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 Aruba (-2.7%).
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela
Imports of spices; mixtures of 2 or more products of the same heading into Venezuela skyrocketed to 134 tons in 2022, jumping by 20% on 2021 figures. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 273% against the previous year. As a result, imports attained the peak of 157 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of spices; mixtures of 2 or more products of the same heading soared to $518K in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 279% against the previous year. Over the period under review, imports of spices; mixtures of 2 or more products of same heading hit record highs in 2022 and are likely to continue growth in the near future.
Import of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.0 | 139 | 127 | 147 | 124.5% |
Lebanon | 28.0 | 134 | 46.6 | 110 | 57.8% |
Turkey | 4.5 | 13.2 | 41.9 | 69.9 | 149.5% |
China | 7.4 | 40.5 | 31.9 | 35.4 | 68.5% |
France | 10.3 | 25.3 | 19.9 | 22.1 | 29.0% |
Egypt | 9.8 | 14.1 | 15.4 | 17.1 | 20.4% |
India | 4.1 | 21.6 | 12.6 | 16.7 | 59.7% |
Others | 56.2 | 118 | 90.6 | 99.1 | 20.8% |
Total | 133 | 506 | 386 | 518 | 57.3% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Venezuela in 2022:
- Turkey (29.2 tons)
- Lebanon (27.3 tons)
- United States (21.0 tons)
- India (18.4 tons)
- China (13.5 tons)
- France (7.5 tons)
- Egypt (4.9 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela
Exports of spices; mixtures of 2 or more products of the same heading from Venezuela soared to 9.5 tons in 2022, jumping by 5,550% on 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; mixtures of 2 or more products of the same heading surged to $26K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Spices; Mixtures of 2 or More Products of the Same Heading in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 17.3 | 0% |
Aruba | 1.1 | 1.5 | 0.5 | 6.3 | 78.9% |
United Kingdom | N/A | 0.5 | N/A | 2.4 | 119.1% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 1.1 | 2.1 | 0.5 | 26.2 | 187.7% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Venezuela in 2022:
- United States (4.6 tons)
- United Kingdom (2.8 tons)
- Aruba (2.1 tons)
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