Price for Ethylene Polymers; Waste, Parings and Scrap in Venezuela - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Venezuela (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Venezuela (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Venezuela
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Venezuela

Price for Ethylene Polymers; Waste, Parings and Scrap in Venezuela (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $153 per ton, falling by -10.5% against the previous year. Overall, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38%. Over the period under review, the average export prices attained the maximum at $398 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($644 per ton), while the average price for exports to Colombia ($62 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Ethylene Polymers; Waste, Parings and Scrap in Venezuela (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $1,688 per ton, dropping by -3.7% against the previous year. Overall, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 181%. Over the period under review, average import prices attained the maximum at $1,753 per ton in 2021, and then declined slightly in the following year.

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 Colombia amounted to +86.9% per year.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Venezuela

Exports of ethylene polymers; waste, parings and scraps from Venezuela fell notably to 5K tons in 2022, which is down by -19.2% against 2021. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 6.2K tons, and then fell significantly in the following year.

In value terms, exports of ethylene polymers; waste, parings and scraps contracted dramatically to $765K in 2022. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. As a result, the exports reached the peak of $1.1M, and then shrank notably in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Venezuela in 2022:

1. Colombia (3697.0 tons)
2. Spain (744.1 tons)
3. United States (201.7 tons)
4. Netherlands (94.6 tons)
5. China (61.4 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Venezuela

Imports of ethylene polymers; waste, parings and scraps into Venezuela reduced to 19 tons in 2022, shrinking by -15% on 2021. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 43%.

In value terms, imports of ethylene polymers; waste, parings and scraps contracted significantly to $32K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Venezuela in 2022:

1. United States (19.0 tons)

Source: IndexBox Market Intelligence Platform