Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela - 2022

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela (CIF) - 2022
  2. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $7,964 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 53% against the previous year. The import price peaked at $28,221 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($41,046 per ton), while the price for the United States ($1,393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.1%), while the prices for the other major suppliers experienced a decline.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela

In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Venezuela shrank dramatically to 12 tons, which is down by -42.6% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 490% against the previous year. As a result, imports attained the peak of 21 tons, and then fell remarkably in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses declined significantly to $95K in 2022. Overall, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 527%. As a result, imports reached the peak of $163K, and then contracted markedly in the following year.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan40.813.688.657.512.1%
Chile26.37.136.919.3-9.8%
Denmark2.30.96.24.525.1%
France1.40.53.32.318.0%
Spain5.81.46.42.3-26.5%
Brazil0.80.31.71.111.2%
Italy1.40.10.40.8-17.0%
United States1.81.19.60.2-51.9%
Others4.21.110.06.817.4%
Total84.726.016394.63.8%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Venezuela in 2022:

  1. Chile (6.5 tons)
  2. Japan (1.4 tons)
  3. Spain (1.1 tons)
  4. France (0.9 tons)
  5. Brazil (0.6 tons)
  6. Denmark (0.5 tons)
  7. Italy (0.4 tons)
  8. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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