Sulphates; of Aluminium Price in Venezuela - 2022
Contents:
- Sulphates; of Aluminium Price in Venezuela (FOB) - 2022
- Sulphates; of Aluminium Price in Venezuela (CIF) - 2022
- Sulphates; of Aluminium Exports in Venezuela
- Sulphates; of Aluminium Imports in Venezuela
Sulphates; of Aluminium Price in Venezuela (FOB) - 2022
The average sulphates; of aluminium export price stood at $121 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 32%. As a result, the export price reached the peak level of $364 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($252 per ton), while the average price for exports to the Dominican Republic ($111 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 Costa Rica (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Aluminium Price in Venezuela (CIF) - 2022
In 2022, the average sulphates; of aluminium import price amounted to $275 per ton, shrinking by -12.4% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium import price increased by +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. The import price peaked at $442 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Colombia ($1,923 per ton), while the price for China ($227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Aluminium Exports in Venezuela
In 2022, the amount of sulphates; of aluminia exported from Venezuela surged to 2.2K tons, rising by 43% against the year before. In general, exports continue to indicate a relatively flat trend pattern.
In value terms, sulphates; of aluminium exports surged to $271K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.
| Export of Sulphates; of Aluminium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 118 | 173 | 59.0 | 138 | 5.4% |
| Dominican Republic | 141 | 163 | 106 | 110 | -7.9% |
| Ecuador | 6.3 | 3.6 | 14.3 | 14.4 | 31.7% |
| Trinidad and Tobago | 12.5 | 14.2 | 9.1 | 9.3 | -9.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 277 | 354 | 188 | 271 | -0.7% |
Top Export Markets for Sulphates; of Aluminium from Venezuela in 2022:
- Costa Rica (1118.2 tons)
- Dominican Republic (988.6 tons)
- Ecuador (97.4 tons)
- Trinidad and Tobago (36.8 tons)
Sulphates; of Aluminium Imports in Venezuela
In 2022, purchases abroad of sulphates; of aluminia was finally on the rise to reach 174 tons after two years of decline. Over the period under review, imports, however, recorded a precipitous curtailment.
In value terms, sulphates; of aluminium imports contracted to $48K in 2022. In general, imports, however, continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 4.2%.
| Import of Sulphates; of Aluminium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 165 | 32.2 | 37.2 | 38.3 | -38.5% |
| United States | 27.0 | 5.3 | 6.1 | 6.3 | -38.4% |
| Colombia | 39.7 | 3.9 | 1.4 | 3.3 | -56.4% |
| Others | 0.9 | 5.5 | 4.1 | N/A | 113.4% |
| Total | 233 | 46.8 | 48.8 | 47.8 | -41.0% |
Top Suppliers of Sulphates; of Aluminium to Venezuela in 2022:
- China (168.3 tons)
- United States (3.6 tons)
- Colombia (1.7 tons)
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