Ester Gums Price in Colombia - 2022
Contents:
- Ester Gums Price in Colombia (CIF) - 2022
- Ester Gums Price in Colombia (FOB) - 2022
- Ester Gums Imports in Colombia
- Ester Gums Exports in Colombia
Ester Gums Price in Colombia (CIF) - 2022
In 2022, the average ester gums import price amounted to $2,113 per ton, growing by 2.9% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.2%. Over the period under review, average import prices hit record highs at $3,144 per ton in 2012; however, from 2013 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 China ($3,119 per ton), while the price for Argentina ($1,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Ester Gums Price in Colombia (FOB) - 2022
In 2022, the average ester gums export price amounted to $1,891 per ton, shrinking by -14.1% against the previous year. Overall, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20% against the previous year. The export price peaked at $4,742 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($4,134 per ton), while the average price for exports to Guatemala ($699 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 (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Ester Gums Imports in Colombia
In 2022, approx. 1K tons of ester gumses were imported into Colombia; reducing by -34.1% on the previous year's figure. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 208%. As a result, imports reached the peak of 1.6K tons, and then fell markedly in the following year.
In value terms, ester gums imports shrank notably to $2.2M in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 182%. As a result, imports attained the peak of $3.2M, and then dropped rapidly in the following year.
| Import of Ester Gums in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 964 | 661 | 593 | 957 | -0.2% |
| Portugal | 184 | 334 | 1,111 | 543 | 43.4% |
| Israel | N/A | N/A | N/A | 33.0 | 0% |
| Others | 206 | 137 | 1,485 | 627 | 44.9% |
| Total | 1,355 | 1,132 | 3,188 | 2,160 | 16.8% |
Top Suppliers of Ester Gums to Colombia in 2022:
- United States (486.3 tons)
- Portugal (248.4 tons)
- Israel (15.7 tons)
Ester Gums Exports in Colombia
In 2022, approx. 1.9 tons of ester gumses were exported from Colombia; which is down by -17.2% on 2021. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 138% against the previous year. As a result, the exports attained the peak of 2.3 tons, and then dropped sharply in the following year.
In value terms, ester gums exports declined dramatically to $3.6K in 2022. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $5K, and then reduced remarkably in the following year.
| Export of Ester Gums in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1,761 | 811 | 1,390 | 1,237 | -11.1% |
| Mexico | 160 | 142 | 1,060 | 804 | 71.3% |
| Guatemala | 1,169 | 441 | 451 | 689 | -16.2% |
| Costa Rica | 1,453 | 579 | 857 | 660 | -23.1% |
| Peru | 168 | 79.0 | 137 | 124 | -9.6% |
| Venezuela | 199 | 67.0 | 83.0 | 54.0 | -35.3% |
| United States | N/A | N/A | 1,031 | N/A | 0% |
| Others | 34.0 | 11.0 | 15.0 | 9.0 | -35.8% |
| Total | 4,944 | 2,130 | 5,024 | 3,577 | -10.2% |
Top Export Markets for Ester Gums from Colombia in 2022:
- Guatemala (985.0 kg)
- Costa Rica (312.0 kg)
- Ecuador (299.0 kg)
- Mexico (220.0 kg)
- Peru (43.0 kg)
- Venezuela (32.0 kg)
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