Price for Dyes; Pigments and Preparations Based Thereon in Venezuela - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Venezuela (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Venezuela (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Venezuela
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Venezuela

Price for Dyes; Pigments and Preparations Based Thereon in Venezuela (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $6,077 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure at $12,278 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($30,556 per ton), while the price for Italy ($3,444 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dyes; Pigments and Preparations Based Thereon in Venezuela (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $11,251 per ton, remaining stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 15%. As a result, the export price reached the peak level of $14,549 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Costa Rica amounted to +33.4% per year.

Imports of Dyes; Pigments and Preparations Based Thereon in Venezuela

In 2022, purchases abroad of dyes; pigments and preparations based therea decreased by -31.4% to 192 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 180% against the previous year. As a result, imports attained the peak of 280 tons, and then fell remarkably in the following year.

In value terms, imports of dyes; pigments and preparations based therea plummeted to $1.2M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 174%. As a result, imports reached the peak of $1.7M, and then shrank significantly in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada18430073554643.7%
Germany64.496.321614832.0%
Italy47.568.314896.826.8%
China22.224.511287.658.0%
Colombia4.717.311268.8144.6%
South Korea13.220.246.632.535.0%
Spain2.35.057.123.7117.6%
Others71.392.628116331.7%
Total4106251,7081,16641.7%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Venezuela in 2022:

  1. Canada (70.5 tons)
  2. Italy (28.1 tons)
  3. Germany (25.9 tons)
  4. China (23.2 tons)
  5. Colombia (11.4 tons)
  6. South Korea (8.0 tons)
  7. Spain (6.1 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Venezuela

In 2022, overseas shipments of dyes; pigments and preparations based therea decreased by -29.3% to 354 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 143% against the previous year. As a result, the exports attained the peak of 501 kg, and then fell rapidly in the following year.

In value terms, exports of dyes; pigments and preparations based therea declined significantly to $4K in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 140% against the previous year. As a result, the exports reached the peak of $5.6K, and then declined notably in the following year.

Export of Dyes; Pigments and Preparations Based Thereon in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A2.35.54.031.9%
United States1.1N/AN/AN/A0%
Others0.4N/A0.1N/A-50.0%
Total1.52.35.64.038.7%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Venezuela in 2022:

  1. Colombia (354.0 kg)

Source: IndexBox Market Intelligence Platform

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