Cerium Compounds Price in Colombia - 2022
Contents:
- Cerium Compounds Price in Colombia (CIF) - 2022
- Cerium Compounds Price in Colombia (FOB) - 2022
- Cerium Compounds Imports in Colombia
- Cerium Compounds Exports in Colombia
Cerium Compounds Price in Colombia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $7,793 per ton, growing by 4.4% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. The import price peaked at $31,224 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($36,000 per ton), while the price for China ($6,466 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.1%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Price in Colombia (FOB) - 2022
The average cerium compounds export price stood at $31,592 per ton in 2022, picking up by 16% against the previous year. In general, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $67,333 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($42,000 per ton), while the average price for exports to Ecuador ($18,529 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 Peru (-4.9%), while the prices for the other major destinations experienced a decline.
Cerium Compounds Imports in Colombia
After three years of growth, overseas purchases of cerium compoundses decreased by -23.1% to 12 tons in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, imports attained the peak of 16 tons, and then declined remarkably in the following year.
In value terms, cerium compounds imports contracted sharply to $96K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $120K, and then dropped dramatically in the following year.
| Import of Cerium Compounds in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.5 | 27.7 | 70.1 | 71.4 | 74.2% |
| United States | 6.5 | 5.9 | 0.2 | 5.1 | -7.8% |
| United Kingdom | 18.1 | 25.9 | 33.8 | 3.2 | -43.9% |
| Others | 13.3 | 13.3 | 16.1 | 16.8 | 8.1% |
| Total | 51.5 | 72.8 | 120 | 96.5 | 23.3% |
Top Suppliers of Cerium Compounds to Colombia in 2022:
- China (11.0 tons)
- United States (0.6 tons)
- United Kingdom (0.4 tons)
Cerium Compounds Exports in Colombia
In 2022, approx. 76 kg of cerium compoundses were exported from Colombia; shrinking by -23.2% on 2021 figures. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 90% against the previous year. As a result, the exports attained the peak of 99 kg, and then fell remarkably in the following year.
In value terms, cerium compounds exports declined to $2.4K in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $2.7K, and then dropped in the following year.
| Export of Cerium Compounds in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 976 | 1,174 | 1,271 | 1,176 | 6.4% |
| Peru | 270 | 457 | 1,175 | 910 | 49.9% |
| Ecuador | 608 | 471 | 253 | 315 | -19.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,854 | 2,102 | 2,699 | 2,401 | 9.0% |
Top Export Markets for Cerium Compounds from Colombia in 2022:
- Peru (31.0 kg)
- Guatemala (28.0 kg)
- Ecuador (17.0 kg)
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