Venezuela: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2025

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Venezuela

The Venezuelan market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function expanded rapidly to $X in 2022, increasing by 12% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Venezuela

In 2022, overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were finally on the rise to reach X kg after five years of decline. In general, exports, however, recorded a dramatic decrease. The pace of growth appeared the most rapid in 2013 with an increase of 489% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes exports expanded to $X in 2022. Overall, exports, however, recorded a sharp shrinkage. The growth pace was the most rapid in 2013 with an increase of 466% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for butanal butanal and acyclic aldehydes exports from Venezuela, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to -24.4%.

In value terms, Colombia ($X) also remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to -26.9%.

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 13%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -3.3% per year.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Venezuela

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were imported into Venezuela; with an increase of 11% on 2021 figures. Overall, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 70%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports stood at $X in 2022. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 49% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Colombia (X tons), China (X tons) and Germany (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Venezuela, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +23.2%), while purchases for the other leaders experienced a decline.

In value terms, Colombia ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to Venezuela, comprising 49% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Spain, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Colombia stood at +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.0% per year) and Spain (-13.7% per year).

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, with an increase of 1.7% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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