Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,573 per ton, declining by -9.2% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 27%. Over the period under review, average import prices attained the peak figure at $4,896 per ton in 2015; however, from 2016 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 Germany ($18,485 per ton), while the price for Hong Kong SAR ($346 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,327 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 68% against the previous year. The export price peaked at $4,357 per ton in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($11,333 per ton), while the average price for exports to Colombia ($1,900 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 Mexico (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela
In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Venezuela declined markedly to 1.2K tons, falling by -17.9% against 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, imports reached the peak of 1.4K tons, and then declined dramatically in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced sharply to $3M in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of $4.1M, and then dropped markedly in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 318 | 306 | 780 | 746 | 32.9% |
| China | 823 | 285 | 997 | 652 | -7.5% |
| United States | 54.0 | 17.3 | 209 | 459 | 104.1% |
| Argentina | 557 | 499 | 640 | 321 | -16.8% |
| Dominican Republic | 172 | 162 | 273 | 170 | -0.4% |
| United Kingdom | 153 | 151 | 213 | 118 | -8.3% |
| Mexico | 80.8 | 109 | 188 | 95.0 | 5.5% |
| Brazil | 46.0 | 56.7 | 104 | 53.6 | 5.2% |
| Panama | 21.7 | 70.5 | 91.2 | 46.1 | 28.6% |
| Hong Kong SAR | 42.3 | 41.8 | 59.2 | 32.7 | -8.2% |
| Turkey | 13.8 | 21.0 | 17.0 | 3.5 | -36.7% |
| Others | 317 | 277 | 485 | 329 | 1.2% |
| Total | 2,598 | 1,994 | 4,057 | 3,026 | 5.2% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Venezuela in 2022:
- China (436.2 tons)
- Colombia (236.5 tons)
- Hong Kong SAR (94.5 tons)
- United States (81.1 tons)
- Dominican Republic (71.3 tons)
- Argentina (58.9 tons)
- Mexico (38.9 tons)
- Brazil (21.6 tons)
- Panama (19.8 tons)
- United Kingdom (13.8 tons)
- Turkey (11.9 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela
In 2022, after two years of decline, there was significant growth in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 49% to 3.4 tons. In general, exports, however, saw a significant decrease.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $15K in 2022. Over the period under review, exports, however, showed a significant contraction.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 12.4 | 9.0 | 6.0 | 10.1 | -6.6% |
| Colombia | 13.5 | 6.9 | 3.3 | 3.8 | -34.5% |
| Others | 6.0 | 3.7 | 0.7 | 0.9 | -46.9% |
| Total | 31.9 | 19.6 | 10.0 | 14.8 | -22.6% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Venezuela in 2022:
- Colombia (2.0 tons)
- Costa Rica (1.3 tons)
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