Phenols; Phenol-Alcohols Price in Venezuela - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Venezuela (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Venezuela (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Venezuela
- Phenols; Phenol-Alcohols Exports in Venezuela
Phenols; Phenol-Alcohols Price in Venezuela (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $3,670 per ton, shrinking by -19.6% against the previous year. Over the period under review, the import price recorded a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked at $5,715 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,476 per ton), while the price for Japan ($361 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Venezuela (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $295 per ton in 2022, growing by 8.4% against the previous year. In general, the export price, however, showed a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $1,895 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -15.5% per year.
Phenols; Phenol-Alcohols Imports in Venezuela
In 2022, supplies from abroad of phenols; phenol-alcoholses increased by 28% to 116 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep reduction.
In value terms, phenols; phenol-alcohols imports rose modestly to $424K in 2022. In general, imports, however, recorded a drastic downturn.
| Import of Phenols; Phenol-Alcohols in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 144 | 115 | 108 | 86.1 | -15.8% |
| Russia | 72.6 | 65.9 | 71.0 | 64.3 | -4.0% |
| India | 8.5 | 10.8 | 14.9 | 51.8 | 82.7% |
| United States | 53.8 | 7.7 | 5.6 | 26.9 | -20.6% |
| Belgium | 59.5 | 42.0 | 35.2 | 24.7 | -25.4% |
| China | 10.6 | 17.8 | 10.2 | 14.4 | 10.8% |
| Indonesia | N/A | N/A | N/A | 12.9 | 0% |
| Panama | 19.3 | 15.1 | 14.0 | 10.9 | -17.3% |
| Taiwan (Chinese) | 13.3 | 11.5 | 11.7 | 10.0 | -9.1% |
| Canada | 9.9 | 9.2 | 10.2 | 9.4 | -1.7% |
| Colombia | 13.8 | 10.5 | 9.1 | 7.1 | -19.9% |
| Brazil | 15.7 | 12.6 | 2.2 | 4.4 | -34.6% |
| Japan | 8.6 | 5.4 | 4.0 | 2.5 | -33.8% |
| Others | 139 | 115 | 114 | 98.4 | -10.9% |
| Total | 569 | 438 | 411 | 424 | -9.3% |
Top Suppliers of Phenols; Phenol-Alcohols to Venezuela in 2022:
- Russia (45.9 tons)
- France (11.5 tons)
- Belgium (9.1 tons)
- United States (7.7 tons)
- Japan (6.9 tons)
- Indonesia (6.2 tons)
- Taiwan (Chinese) (5.6 tons)
- China (4.2 tons)
- India (3.7 tons)
- Canada (3.2 tons)
- Brazil (2.9 tons)
- Panama (2.8 tons)
- Colombia (1.8 tons)
Phenols; Phenol-Alcohols Exports in Venezuela
In 2022, overseas shipments of phenols; phenol-alcoholses decreased by -4.8% to 70 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 74 tons, and then declined slightly in the following year.
In value terms, phenols; phenol-alcohols exports stood at $21K in 2022. Overall, exports showed a noticeable shrinkage.
| Export of Phenols; Phenol-Alcohols in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 22.8 | 21.4 | 20.2 | 20.8 | -3.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.8 | 21.4 | 20.2 | 20.8 | -3.0% |
Top Export Markets for Phenols; Phenol-Alcohols from Venezuela in 2022:
- Colombia (70.5 tons)
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