Colombia - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Colombia - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Odoriferous Substance Mixture Price in Colombia - 2022

Contents:

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

Odoriferous Substance Mixture Price in Colombia (CIF) - 2022

In February 2022, the average odoriferous substance mixture import price amounted to $17,074 per ton, with an increase of 3.7% against the previous month. Over the period under review, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in August 2021 an increase of 10% m-o-m. Over the period under review, average import prices attained the peak figure at $19,730 per ton in February 2021; however, from March 2021 to February 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Honduras ($246K per ton), while the price for Brazil ($7,213 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Honduras (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Price in Colombia (FOB) - 2022

In February 2022, the average odoriferous substance mixture export price amounted to $13,665 per ton, remaining constant against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 27% m-o-m. Over the period under review, the average export prices hit record highs at $14,443 per ton in August 2021; however, from September 2021 to February 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In February 2022, the country with the highest price was Peru ($22,993 per ton), while the average price for exports to Panama ($7,635 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports in Colombia

In 2022, approx. 10K tons of mixtures of odoriferous substances and their preparations were imported into Colombia; shrinking by -3.7% on the previous year's figure. In general, imports recorded a mild decline. The growth pace was the most rapid in 2021 when imports increased by 8%.

In value terms, odoriferous substance mixture imports contracted to $171M in 2022. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $183M, and then declined in the following year.

Import of Odoriferous Substance Mixture in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico51.441.850.543.8-5.2%
United States30.324.426.028.6-1.9%
Spain9.79.210.116.820.1%
Switzerland9.212.215.716.220.8%
Uruguay20.516.018.315.7-8.5%
Dominican Republic17.917.021.515.0-5.7%
Haiti3.83.66.56.419.0%
Germany5.46.09.06.45.8%
United Kingdom9.16.66.95.6-14.9%
Honduras2.14.04.95.134.4%
Brazil2.82.72.51.6-17.0%
China1.31.11.51.2-2.6%
Argentina10.97.80.90.5-64.2%
Others8.46.48.77.9-2.0%
Total183159183171-2.2%

Top Suppliers of Odoriferous Substance Mixture to Colombia in 2022:

  1. Mexico (3336.6 tons)
  2. United States (1732.6 tons)
  3. Switzerland (1110.3 tons)
  4. Uruguay (878.8 tons)
  5. Spain (695.7 tons)
  6. Germany (495.6 tons)
  7. Haiti (351.9 tons)
  8. Honduras (304.0 tons)
  9. United Kingdom (275.3 tons)
  10. Dominican Republic (221.1 tons)
  11. China (176.8 tons)
  12. Brazil (101.5 tons)
  13. Argentina (47.5 tons)

Odoriferous Substance Mixture Exports in Colombia

After three years of growth, overseas shipments of mixtures of odoriferous substances and their preparations decreased by -6.1% to 3.8K tons in 2022. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year.

In value terms, odoriferous substance mixture exports fell to $63M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $70M, and then contracted in the following year.

Export of Odoriferous Substance Mixture in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru13.315.022.916.57.5%
Ecuador15.717.122.616.31.3%
Dominican Republic5.06.25.713.238.2%
Venezuela1.93.02.92.13.4%
Panama2.22.52.82.0-3.1%
Guatemala1.41.62.01.88.7%
Spain0.10.10.11.5146.6%
Chile1.11.61.71.22.9%
Others6.17.79.78.09.5%
Total46.654.770.462.610.3%

Top Export Markets for Odoriferous Substance Mixture from Colombia in 2022:

  1. Dominican Republic (1244.5 tons)
  2. Ecuador (817.0 tons)
  3. Peru (708.5 tons)
  4. Venezuela (247.0 tons)
  5. Panama (174.1 tons)
  6. Spain (113.5 tons)
  7. Chile (80.3 tons)
  8. Guatemala (72.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
  • Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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
Store
Blog
Event
Exploring the Top Import Markets for Odoriferous Substance Mixtures
Feb 20, 2024
Eye 119

Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.

Which Country Imports the Most Odoriferous Substances Mixtures in the World?
May 28, 2018
Eye 1862

In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...

Which Country Exports the Most Odoriferous Substances Mixtures in the World?
May 28, 2018
Eye 1156

In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...

Ireland’s Exports of Odoriferous Substance Mixtures Soar 12%
Aug 17, 2015
Eye 2037

Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne

Exploring the Top Import Markets for Odoriferous Substance Mixtures
Feb 20, 2024
Eye 119

Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.

Which Country Imports the Most Odoriferous Substances Mixtures in the World?
May 28, 2018
Eye 1862

In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...

Which Country Exports the Most Odoriferous Substances Mixtures in the World?
May 28, 2018
Eye 1156

In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...

Ireland’s Exports of Odoriferous Substance Mixtures Soar 12%
Aug 17, 2015
Eye 2037

Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne

Free Data: Mixtures Of Odoriferous Substances And Their Preparations - Colombia