Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela

Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $6,044 per ton, surging by 15% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2013 an increase of 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.6% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela

Imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates into Venezuela fell to 3.5 tons in 2022, with a decrease of -11.3% compared with 2021 figures. Over the period under review, imports showed a abrupt setback. The smallest decline of -11.3% was in 2020.

In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates expanded modestly to $21K in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.920.320.821.22.1%
OthersN/AN/AN/AN/A0%
Total19.920.320.821.22.1%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Venezuela in 2022:

  1. United States (3.5 tons)

Source: IndexBox Market Intelligence Platform

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