Starches; Inulin Price in Venezuela - 2022
Contents:
- Starches; Inulin Price in Venezuela (CIF) - 2022
- Starches; Inulin Price in Venezuela (FOB) - 2022
- Starches; Inulin Imports in Venezuela
- Starches; Inulin Exports in Venezuela
Starches; Inulin Price in Venezuela (CIF) - 2022
The average starches; inulin import price stood at $543 per ton in 2022, falling by -8.9% against the previous year. Overall, the import price showed a noticeable curtailment. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. The import price peaked at $931 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($607 per ton), while the price for Argentina ($199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.5%), while the prices for the other major suppliers experienced a decline.
Starches; Inulin Price in Venezuela (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $403 per ton, picking up by 4.4% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $1,108 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($405 per ton), while the average price for exports to Aruba stood at $296 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+14.1%), while the prices for the other major destinations experienced a decline.
Starches; Inulin Imports in Venezuela
In 2022, the amount of starches; inulins imported into Venezuela surged to 3.5K tons, growing by 85% compared with 2021 figures. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 325%. As a result, imports reached the peak of 5.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, starches; inulin imports soared to $1.9M in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 282%. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Starches; Inulin in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 393 | 961 | 659 | 1,129 | 42.2% |
| Brazil | 80.8 | 697 | 164 | 279 | 51.1% |
| Paraguay | 37.1 | 570 | 9.9 | 186 | 71.2% |
| France | 59.0 | 117 | 65.5 | 88.9 | 14.6% |
| Belgium | 21.7 | 86.9 | 49.9 | 71.6 | 48.9% |
| Colombia | 20.3 | 59.4 | 58.9 | 35.2 | 20.1% |
| Poland | 4.1 | 7.5 | 21.9 | 33.8 | 102.0% |
| Argentina | 11.8 | 20.1 | 9.6 | 11.5 | -0.9% |
| Others | 70.2 | 145 | 88.3 | 60.0 | -5.1% |
| Total | 698 | 2,663 | 1,127 | 1,895 | 39.5% |
Top Suppliers of Starches; Inulin to Venezuela in 2022:
- Denmark (1860.7 tons)
- Brazil (526.0 tons)
- Paraguay (453.5 tons)
- France (181.3 tons)
- Belgium (129.2 tons)
- Poland (103.5 tons)
- Argentina (57.8 tons)
- Colombia (39.4 tons)
Starches; Inulin Exports in Venezuela
In 2022, after two years of decline, there was significant growth in shipments abroad of starches; inulins, when their volume increased by 54% to 28 tons. In general, exports, however, saw a dramatic shrinkage.
In value terms, starches; inulin exports surged to $11K in 2022. Over the period under review, exports, however, continue to indicate a sharp curtailment.
| Export of Starches; Inulin in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 11.0 | 0% |
| Aruba | 23.0 | 15.5 | 0.6 | 0.2 | -79.4% |
| Senegal | N/A | N/A | 6.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.0 | 15.5 | 7.0 | 11.3 | -21.1% |
Top Export Markets for Starches; Inulin from Venezuela in 2022:
- United States (27.2 tons)
- Aruba (0.7 tons)
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