Colombia - Melamine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Colombia - Melamine - Market Analysis, Forecast, Size, Trends And Insights

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Melamine Price in Colombia - 2022

Contents:

  1. Melamine Price in Colombia (CIF) - 2022
  2. Melamine Price in Colombia (FOB) - 2022
  3. Melamine Imports in Colombia
  4. Melamine Exports in Colombia

Melamine Price in Colombia (CIF) - 2022

The average melamine import price stood at $3,281 per ton in February 2022, increasing by 2% against the previous month. In general, the import price saw a remarkable increase. The most prominent rate of growth was recorded in July 2021 an increase of 38% m-o-m. Over the period under review, average import prices hit record highs at $3,536 per ton in December 2021; however, from January 2022 to February 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In February 2022, the country with the highest price was the Netherlands ($4,125 per ton), while the price for China amounted to $3,220 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Melamine Price in Colombia (FOB) - 2022

The average melamine export price stood at $1,488 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2015 an increase of 10% against the previous year. The export price peaked at $2,129 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($1,505 per ton), while the average price for exports to Ecuador amounted to $1,470 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-2.7%).

Melamine Imports in Colombia

In 2022, approx. 5K tons of melamine were imported into Colombia; which is down by -15.9% compared with the previous year. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +35.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, imports attained the peak of 6K tons, and then shrank notably in the following year.

In value terms, melamine imports shrank notably to $6.8M in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 213%. As a result, imports reached the peak of $10M, and then plummeted in the following year.

Import of Melamine in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.20.54.64.454.2%
Netherlands1.20.41.70.9-9.1%
United States1.21.62.10.7-16.4%
Austria0.20.20.50.314.5%
Germany0.30.30.50.30.0%
Others0.30.30.90.30.0%
Total4.43.310.36.815.6%

Top Suppliers of Melamine to Colombia in 2022:

  1. China (3224.1 tons)
  2. Netherlands (646.5 tons)
  3. United States (381.9 tons)
  4. Germany (252.9 tons)
  5. Austria (249.5 tons)

Melamine Exports in Colombia

In 2022, after three years of growth, there was decline in overseas shipments of melamine, when their volume decreased by -3.9% to 89 tons. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 8.4% against the previous year.

In value terms, melamine exports declined modestly to $133K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 7.9%. As a result, the exports reached the peak of $138K, and then contracted in the following year.

Export of Melamine in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador82.196.01071058.5%
Venezuela31.031.931.327.2-4.3%
Others5.60.1N/A1.0-43.7%
Total1191281381333.8%

Top Export Markets for Melamine from Colombia in 2022:

  1. Ecuador (71.3 tons)
  2. Venezuela (18.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the melamine 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 20145260 - Melamine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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