Glycerol Price in Colombia - 2022
Contents:
- Glycerol Price in Colombia (FOB) - 2022
- Glycerol Price in Colombia (CIF) - 2022
- Glycerol Exports in Colombia
- Glycerol Imports in Colombia
Glycerol Price in Colombia (FOB) - 2022
In 2022, the average glycerol export price amounted to $601 per ton, rising by 25% against the previous year. In general, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 88% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1,597 per ton), while the average price for exports to the Netherlands ($201 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 Singapore (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Colombia (CIF) - 2022
The average glycerol import price stood at $985 per ton in 2022, with a decrease of -1.9% against the previous year. In general, the import price saw a mild curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 107%. The import price peaked at $1,246 per ton in 2013; however, from 2014 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 Italy ($3,180 per ton), while the price for Argentina ($664 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Colombia
In 2022, approx. 65K tons of glycerol were exported from Colombia; rising by 59% against the year before. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, glycerol exports skyrocketed to $39M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 207%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Glycerol in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 4.2 | 13.0 | 21.9 | 48.4% |
| Netherlands | N/A | N/A | 0.7 | 3.9 | 457.1% |
| Mexico | 0.4 | 0.4 | 1.1 | 3.0 | 95.7% |
| Peru | 0.5 | 0.6 | 1.1 | 2.8 | 77.6% |
| Pakistan | N/A | N/A | N/A | 1.1 | 0% |
| Singapore | 0.1 | N/A | N/A | 1.1 | 122.4% |
| India | N/A | 0.3 | 1.4 | 0.5 | 29.1% |
| Others | 0.8 | 0.8 | 2.5 | 5.0 | 84.2% |
| Total | 8.5 | 6.4 | 19.7 | 39.1 | 66.3% |
Top Export Markets for Glycerol from Colombia in 2022:
- China (31.7K tons)
- Netherlands (19.4K tons)
- Peru (3.2K tons)
- Mexico (1.9K tons)
- Singapore (1.5K tons)
- India (1.4K tons)
- Pakistan (1.3K tons)
Glycerol Imports in Colombia
In 2022, glycerol imports into Colombia surged to 8K tons, rising by 162% compared with the previous year. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol imports soared to $7.9M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,714 | 1,902 | 965 | 3,060 | 21.3% |
| Argentina | 126 | 537 | 687 | 2,466 | 169.5% |
| United States | 115 | 252 | 610 | 748 | 86.7% |
| Uruguay | N/A | N/A | N/A | 624 | 0% |
| Malaysia | 140 | 264 | 221 | 318 | 31.5% |
| Germany | 1,700 | 1,867 | 358 | 282 | -45.1% |
| Peru | 36.6 | 327 | 172 | 242 | 87.7% |
| Others | 114 | 31.8 | 60.1 | 150 | 9.6% |
| Total | 3,945 | 5,180 | 3,072 | 7,889 | 26.0% |
Top Suppliers of Glycerol to Colombia in 2022:
- Argentina (3.7K tons)
- Brazil (3.2K tons)
- Uruguay (0.3K tons)
- United States (0.3K tons)
- Germany (0.2K tons)
- Malaysia (0.1K tons)
- Peru (0.1K tons)
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