Nitrites; Nitrates Price in Colombia - 2022
Contents:
- Nitrites; Nitrates Price in Colombia (CIF) - 2022
- Nitrites; Nitrates Price in Colombia (FOB) - 2022
- Nitrites; Nitrates Imports in Colombia
- Nitrites; Nitrates Exports in Colombia
Nitrites; Nitrates Price in Colombia (CIF) - 2022
In 2022, the average nitrites; nitrates import price amounted to $963 per ton, growing by 9.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 41% against the previous year. As a result, import price reached the peak level of $1,082 per ton. From 2020 to 2022, the average import prices remained at a 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 Sweden ($2,115 per ton), while the price for the Czech Republic ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrites; Nitrates Price in Colombia (FOB) - 2022
The average nitrites; nitrates export price stood at $415 per ton in 2022, declining by -36% against the previous year. In general, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 111%. As a result, the export price reached the peak level of $649 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,280 per ton), while the average price for exports to South Africa ($194 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 Belgium (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Nitrites; Nitrates Imports in Colombia
In 2022, approx. 1.9K tons of nitrites; nitrateses were imported into Colombia; shrinking by -16.3% on 2021. In general, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of 2.3K tons, and then fell rapidly in the following year.
In value terms, nitrites; nitrates imports dropped to $1.8M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
Import of Nitrites; Nitrates in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,362 | 1,165 | 1,256 | 1,089 | -7.2% |
Chile | 284 | 148 | 91.4 | 265 | -2.3% |
Germany | 128 | 80.5 | 123 | 103 | -7.0% |
Jordan | 129 | 53.8 | 76.9 | 56.6 | -24.0% |
Belgium | 0.1 | 0.1 | 63.7 | 46.9 | 676.9% |
China | 40.5 | 19.7 | 58.8 | 24.9 | -15.0% |
Czech Republic | 5.8 | 6.0 | 11.3 | 19.8 | 50.6% |
Spain | 32.6 | 19.1 | 14.1 | 8.4 | -36.4% |
Others | 248 | 183 | 315 | 228 | -2.8% |
Total | 2,231 | 1,675 | 2,010 | 1,842 | -6.2% |
Top Suppliers of Nitrites; Nitrates to Colombia in 2022:
- Sweden (515.1 tons)
- Chile (427.0 tons)
- Germany (322.2 tons)
- Czech Republic (170.0 tons)
- Jordan (153.4 tons)
- Belgium (116.0 tons)
- China (93.8 tons)
- Spain (24.1 tons)
Nitrites; Nitrates Exports in Colombia
In 2022, shipments abroad of nitrites; nitrateses was finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp downturn.
In value terms, nitrites; nitrates exports totaled $735K in 2022. Overall, exports, however, faced a sharp descent.
Export of Nitrites; Nitrates in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Dominican Republic | 516 | 218 | 204 | 197 | -27.5% |
South Africa | 894 | 257 | 203 | 165 | -43.1% |
Japan | 601 | 128 | 69.4 | 121 | -41.4% |
Belgium | 4.4 | 1.4 | 1.5 | 109 | 191.5% |
Others | 710 | 142 | 247 | 143 | -41.4% |
Total | 2,726 | 745 | 725 | 735 | -35.4% |
Top Export Markets for Nitrites; Nitrates from Colombia in 2022:
- South Africa (848.6 tons)
- Dominican Republic (518.7 tons)
- Japan (215.5 tons)
- Belgium (85.4 tons)
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