Carbonates; Potassium Carbonate Price in Colombia - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Colombia (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Colombia (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Colombia
- Carbonates; Potassium Carbonate Exports in Colombia
Carbonates; Potassium Carbonate Price in Colombia (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $893 per ton in 2022, increasing by 5.7% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $1,143 per ton. From 2014 to 2022, the average 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 China ($1,383 per ton), while the price for Russia ($528 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 (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Potassium Carbonate Price in Colombia (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,605 per ton in 2022, shrinking by -38.2% against the previous year. Overall, the export price, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2018 an increase of 66% against the previous year. Over the period under review, the average export prices attained the maximum at $3,294 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +6.4% per year.
Carbonates; Potassium Carbonate Imports in Colombia
In 2022, the amount of carbonates; potassium carbonates imported into Colombia rose markedly to 487 tons, surging by 5.5% compared with 2021. Overall, imports, however, showed a mild shrinkage.
In value terms, carbonates; potassium carbonate imports rose remarkably to $435K in 2022. In general, imports, however, continue to indicate a noticeable contraction.
Import of Carbonates; Potassium Carbonate in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 266 | 323 | 191 | 155 | -16.5% |
South Korea | 144 | 111 | 114 | 80.3 | -17.7% |
United States | 10.6 | 21.2 | 39.3 | 46.5 | 63.7% |
China | 52.6 | 15.4 | 2.8 | 13.0 | -37.2% |
Others | 7.4 | 9.4 | 43.9 | 140 | 166.5% |
Total | 480 | 480 | 390 | 435 | -3.2% |
Top Suppliers of Carbonates; Potassium Carbonate to Colombia in 2022:
- Russia (293.9 tons)
- South Korea (112.4 tons)
- United States (34.3 tons)
- China (9.4 tons)
Carbonates; Potassium Carbonate Exports in Colombia
In 2022, approx. 13 tons of carbonates; potassium carbonates were exported from Colombia; waning by -8.5% compared with 2021 figures. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 879%. As a result, the exports reached the peak of 14 tons, and then fell in the following year.
In value terms, carbonates; potassium carbonate exports fell dramatically to $21K in 2022. In general, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 672% against the previous year. As a result, the exports attained the peak of $37K, and then shrank dramatically in the following year.
Export of Carbonates; Potassium Carbonate in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 5.3 | 2.2 | 1.9 | 20.9 | 58.0% |
Peru | N/A | 2.6 | 35.2 | N/A | 1253.8% |
Dominican Republic | 18.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 23.5 | 4.8 | 37.1 | 20.9 | -3.8% |
Top Export Markets for Carbonates; Potassium Carbonate from Colombia in 2022:
- Venezuela (13.1 tons)
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