Report Update: May 1, 2024

Colombia - Naphthalene And Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Hydrocarbon Mixtures Price in Colombia - 2022

Aromatic Hydrocarbon Mixtures Price in Colombia (CIF) - 2022

The average aromatic hydrocarbon mixtures import price stood at $4,315 per ton in February 2022, growing by 237% against the previous month. Over the period under review, the import price enjoyed a buoyant increase. The growth pace was the most rapid in March 2021 an increase of 288% against the previous month. As a result, import price reached the peak level of $4,551 per ton. From April 2021 to February 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Israel ($1,258 per ton), while the price for Brazil totaled $1,064 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Price in Colombia (FOB) - 2022

In 2022, the average aromatic hydrocarbon mixtures export price amounted to $891 per ton, rising by 2.9% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,458 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,445 per ton), while the average price for exports to Venezuela ($622 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 (-1.9%), while the prices for the other major destinations experienced a decline.

Aromatic Hydrocarbon Mixtures Imports in Colombia

Aromatic hydrocarbon mixtures imports into Colombia surged to 3.8K tons in 2022, rising by 23% against the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, aromatic hydrocarbon mixtures imports skyrocketed to $4.3M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +66.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Aromatic Hydrocarbon Mixtures in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,780	1,502	2,614	2,344	9.6%
Venezuela	417	376	346	648	15.8%
Israel	384	284	250	511	10.0%
Free Zones	160	219	29.9	224	11.9%
Brazil	N/A	N/A	17.6	184	945.5%
India	55.6	59.7	65.6	146	38.0%
Others	175	124	96.8	219	7.8%
Total	2,971	2,565	3,421	4,276	12.9%

Top Suppliers of Aromatic Hydrocarbon Mixtures to Colombia in 2022:

United States (1746.3 tons)
Venezuela (1035.8 tons)
Israel (461.5 tons)
Free Zones (171.1 tons)
Brazil (146.7 tons)
India (66.6 tons)

Aromatic Hydrocarbon Mixtures Exports in Colombia

In 2022, the amount of naphthalene and other aromatic hydrocarbon mixtures exported from Colombia shrank to 427 tons, which is down by -8.6% against the previous year's figure. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year.

In value terms, aromatic hydrocarbon mixtures exports dropped to $381K in 2022. In general, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 84%.

Export of Aromatic Hydrocarbon Mixtures in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	366	149	211	180	-21.1%
Venezuela	114	23.6	122	104	-3.0%
Brazil	45.6	22.3	37.8	41.9	-2.8%
Free Zones	55.1	13.7	9.3	32.7	-16.0%
Ecuador	12.8	4.7	14.7	12.6	-0.5%
Guatemala	2.9	4.6	6.6	5.6	24.5%
Others	7.6	2.0	3.4	3.9	-19.9%
Total	604	220	405	381	-14.2%

Top Export Markets for Aromatic Hydrocarbon Mixtures from Colombia in 2022:

Venezuela (167.8 tons)
United States (166.3 tons)
Free Zones (44.8 tons)
Brazil (29.0 tons)
Ecuador (9.8 tons)
Guatemala (7.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023