Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,310 per ton in 2022, surging by 4.7% against the previous year. Overall, the import price, however, saw a slight setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the peak figure at $1,514 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($2,021 per ton), while the price for South Korea ($930 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.1%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela
In 2022, approx. 1.4K tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were imported into Venezuela; picking up by 243% compared with the previous year. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides soared to $1.9M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 30.6 | 35.3 | 118 | 682 | 181.4% |
| China | 58.8 | 67.7 | 82.5 | 660 | 123.9% |
| Brazil | 87.4 | 67.5 | 172 | 346 | 58.2% |
| United States | 43.6 | 32.9 | 79.8 | 161 | 54.6% |
| South Korea | 46.1 | 12.4 | 21.3 | 37.1 | -7.0% |
| Chile | N/A | N/A | 52.1 | N/A | 0% |
| Others | 21.3 | N/A | N/A | N/A | 0% |
| Total | 288 | 216 | 526 | 1,887 | 87.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Venezuela in 2022:
- China (648.3 tons)
- Colombia (337.4 tons)
- Brazil (321.4 tons)
- United States (93.1 tons)
- South Korea (39.9 tons)
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