Colombia - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Colombia - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Polycarboxylic Acid Price in Colombia - 2022

Contents:

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

Polycarboxylic Acid Price in Colombia (CIF) - 2022

In 2022, the average polycarboxylic acid import price amounted to $1,834 per ton, which is down by -7.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 46%. As a result, import price attained the peak level of $1,992 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($2,212 per ton), while the price for Russia ($1,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Polycarboxylic Acid Price in Colombia (FOB) - 2022

The average polycarboxylic acid export price stood at $2,295 per ton in February 2022, declining by -22.4% against the previous month. Over the period under review, export price indicated a temperate increase from February 2021 to February 2022: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, polycarboxylic acid export price decreased by -27.8% against November 2021 indices. The growth pace was the most rapid in September 2021 an increase of 22% month-to-month. Over the period under review, the average export prices hit record highs at $3,178 per ton in November 2021; however, from December 2021 to February 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In February 2022, the highest price was recorded for prices to Costa Rica ($2,728 per ton) and Venezuela ($2,662 per ton), while the average price for exports to El Salvador ($2,122 per ton) and Ecuador ($2,159 per ton) were amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports in Colombia

Polycarboxylic acid imports into Colombia fell remarkably to 28K tons in 2022, which is down by -21.2% compared with the previous year's figure. Overall, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of 36K tons, and then shrank markedly in the following year.

In value terms, polycarboxylic acid imports contracted markedly to $52M in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of $72M, and then contracted sharply in the following year.

Import of Polycarboxylic Acid in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.08.213.09.55.9%
Mexico7.14.911.18.24.9%
China5.84.110.37.69.4%
South Korea4.63.18.05.88.0%
Taiwan (Chinese)3.42.57.05.114.5%
Russia3.03.86.24.615.3%
Chile2.81.55.64.113.6%
Others4.94.310.27.012.6%
Total39.632.371.651.99.4%

Top Suppliers of Polycarboxylic Acid to Colombia in 2022:

  1. United States (4.8K tons)
  2. Mexico (4.7K tons)
  3. China (3.9K tons)
  4. Russia (3.9K tons)
  5. South Korea (2.9K tons)
  6. Taiwan (Chinese) (2.4K tons)
  7. Chile (1.9K tons)

Polycarboxylic Acid Exports in Colombia

In 2022, the amount of polycarboxylic acids exported from Colombia declined dramatically to 5.2K tons, falling by -16.5% compared with 2021 figures. Over the period under review, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 6.2K tons, and then reduced markedly in the following year.

In value terms, polycarboxylic acid exports plummeted to $10M in 2022. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports attained the peak of $15M, and then plummeted in the following year.

Export of Polycarboxylic Acid in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.80.84.13.119.9%
Brazil4.42.12.92.3-19.4%
Costa Rica0.70.81.71.322.9%
Ecuador0.71.11.51.116.3%
ChileN/AN/A1.00.8-20.0%
Guatemala0.10.10.70.571.0%
Peru0.20.10.60.426.0%
Venezuela0.40.10.30.2-20.6%
Others0.30.51.80.30.0%
Total8.45.614.610.16.3%

Top Export Markets for Polycarboxylic Acid from Colombia in 2022:

  1. Brazil (1647.3 tons)
  2. United States (1412.5 tons)
  3. Costa Rica (518.2 tons)
  4. Ecuador (507.7 tons)
  5. Chile (370.5 tons)
  6. Guatemala (241.8 tons)
  7. Peru (221.1 tons)
  8. Venezuela (105.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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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