Colombia - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiodiesel Price in Colombia - 2022
Contents:
- Biodiesel Price in Colombia (FOB) - 2021
- Biodiesel Price in Colombia (CIF) - 2022
- Biodiesel Exports in Colombia
- Biodiesel Imports in Colombia
Biodiesel Price in Colombia (FOB) - 2021
In October 2021, the average biodiesel export price amounted to $816 per ton, approximately mirroring the previous month. In general, the export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in February 2021 when the average export price increased by 3.3% m-o-m. The export price peaked at $978 per ton in October 2020; however, from November 2020 to October 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Spain.
From October 2020 to October 2021, the rate of growth in terms of prices for Spain amounted to -0.9% per month.
Biodiesel Price in Colombia (CIF) - 2022
The average biodiesel import price stood at $1,496 per ton in 2022, surging by 2.8% against the previous year. Overall, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. The import price peaked at $4,701 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($3,247 per ton), while the price for Belgium ($1,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.6%), while the prices for the other major suppliers experienced a decline.
Biodiesel Exports in Colombia
After three years of growth, overseas shipments of biodiesel decreased by -22.3% to 268 tons in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 418%.
In value terms, biodiesel exports contracted sharply to $219K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 544%.
| Export of Biodiesel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.8 | 153 | 125 | 219 | 286.3% |
| France | 20.0 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 1.0 | 159 | 0.1 | 0.0% |
| Total | 23.9 | 154 | 284 | 219 | 109.3% |
Top Export Markets for Biodiesel from Colombia in 2022:
- Spain (267.8 tons)
Biodiesel Imports in Colombia
After three years of growth, supplies from abroad of biodiesel decreased by -21% to 113 tons in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 124%. As a result, imports attained the peak of 143 tons, and then declined markedly in the following year.
In value terms, biodiesel imports contracted dramatically to $169K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year.
| Import of Biodiesel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 30.9 | 64.6 | 45.5 | 77.3 | 35.8% |
| Belgium | 11.7 | 29.1 | 44.3 | 68.4 | 80.1% |
| Thailand | 28.6 | 35.6 | 16.2 | 22.8 | -7.3% |
| Others | 0.3 | 0.3 | 102 | 0.2 | -12.6% |
| Total | 71.5 | 130 | 208 | 169 | 33.2% |
Top Suppliers of Biodiesel to Colombia in 2022:
- Belgium (56.7 tons)
- France (49.1 tons)
- Thailand (7.0 tons)
This report provides an in-depth analysis of the biodiesel 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 20595997 - Biofuels (diesel substitute)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the biodiesel market in Colombia.
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This report provides an in-depth analysis of the global biodiesel market.
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This report provides an in-depth analysis of the biodiesel market in Colombia.
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This report provides an in-depth analysis of the global biodiesel market.
246
Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.
395
Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.
743
This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.
1091
Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021.
246
Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.
395
Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.
743
This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.
1091
Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021.
