Price for Monophenols; Cresols and Their Salts in Venezuela - 2022

Contents:

  1. Price for Monophenols; Cresols and Their Salts in Venezuela (CIF) - 2022
  2. Imports of Monophenols; Cresols and Their Salts in Venezuela

Price for Monophenols; Cresols and Their Salts in Venezuela (CIF) - 2022

The average import price for monophenols; cresols and their saltses stood at $37,376 per ton in 2022, declining by -9% against the previous year. Overall, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 761%. The import price peaked at $41,051 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($234,333 per ton), while the price for Germany ($21,000 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 (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Monophenols; Cresols and Their Salts in Venezuela

For the third consecutive year, Venezuela recorded decline in supplies from abroad of monophenols; cresols and their saltses, which decreased by -2.9% to 133 kg in 2022. In general, imports faced a dramatic curtailment.

In value terms, monophenols; cresols and their salts imports shrank to $5K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -11.6% was in 2021.

Import of Monophenols; Cresols and Their Salts in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.23.83.32.8-12.6%
Italy1.51.51.51.4-2.3%
United States1.20.50.40.4-30.7%
Spain1.00.40.40.3-33.1%
Germany0.10.10.10.10.0%
Panama1.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.36.45.65.0-18.7%

Top Suppliers of Monophenols; Cresols and Their Salts to Venezuela in 2022:

  1. China (115.0 kg)
  2. United States (6.0 kg)
  3. Italy (6.0 kg)
  4. Germany (3.0 kg)
  5. Spain (3.0 kg)

Source: IndexBox Market Intelligence Platform

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