Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela - 2022

Contents:

1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela (CIF) - 2022
2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela (FOB) - 2022
3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela
4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,197 per ton, increasing by 9.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 24% against the previous year. Over the period under review, average import prices reached the peak figure at $2,513 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Mexico ($23,496 per ton), while the price for China ($214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela (FOB) - 2022

In 2022, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $1,374 per ton, remaining constant against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -3.9% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 37%. The export price peaked at $1,430 per ton in 2020; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1,505 per ton), while the average price for exports to Costa Rica stood at $1,170 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela

In 2022, the amount of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds imported into Venezuela declined to 51 tons, reducing by -6.6% compared with the previous year's figure. Overall, imports recorded a abrupt descent. The smallest decline of -4.6% was in 2020.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds rose to $112K in 2022. In general, imports recorded a mild contraction.

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Venezuela in 2022:

1. China (43.5 tons)
2. Mexico (2.8 tons)
3. Colombia (0.9 tons)
4. United Kingdom (0.8 tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Venezuela

In 2022, approx. 54 tons of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds were exported from Venezuela; falling by -43.3% against the previous year's figure. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 642%. As a result, the exports attained the peak of 95 tons, and then declined sharply in the following year.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds reduced dramatically to $74K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 609%. As a result, the exports reached the peak of $130K, and then contracted significantly in the following year.

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Venezuela in 2022:

1. Colombia (33.3 tons)
2. Costa Rica (20.5 tons)

Source: IndexBox Market Intelligence Platform