Colombia - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Colombia - 2022
Contents:
- Polystyrene Price in Colombia (FOB) - 2022
- Polystyrene Price in Colombia (CIF) - 2022
- Polystyrene Exports in Colombia
- Polystyrene Imports in Colombia
Polystyrene Price in Colombia (FOB) - 2022
In February 2022, the average polystyrene export price amounted to $1,927 per ton, growing by 3.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 14% month-to-month. As a result, the export price attained the peak level of $2,188 per ton. From July 2021 to February 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In February 2022, the countries with the highest prices were the Dominican Republic ($2,075 per ton) and Guatemala ($2,005 per ton), while the average price for exports to Brazil ($1,834 per ton) and Venezuela ($1,935 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 the Dominican Republic (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Price in Colombia (CIF) - 2022
The average polystyrene import price stood at $2,340 per ton in February 2022, growing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in April 2021 an increase of 40% against the previous month. The import price peaked in February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,935 per ton), while the price for Brazil ($1,790 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 Canada (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Exports in Colombia
In 2022, approx. 29K tons of polystyrene were exported from Colombia; shrinking by -1.6% compared with the previous year's figure. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 3.7%.
In value terms, polystyrene exports shrank notably to $41M in 2022. Over the period under review, exports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 74%. As a result, the exports attained the peak of $52M, and then fell rapidly in the following year.
Export of Polystyrene in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 22.8 | 21.1 | 28.8 | 23.1 | 0.4% |
Dominican Republic | 6.7 | 2.3 | 9.9 | 7.9 | 5.6% |
Venezuela | 1.4 | 1.5 | 3.8 | 3.0 | 28.9% |
Ecuador | 1.5 | 0.6 | 1.9 | 1.5 | 0.0% |
Guatemala | 0.4 | 0.2 | 1.3 | 1.1 | 40.1% |
Uruguay | 1.0 | 0.8 | 1.2 | 1.0 | 0.0% |
Peru | 0.9 | 1.7 | 0.3 | 0.8 | -3.9% |
Free Zones | 9.2 | N/A | N/A | N/A | 0% |
Others | 2.2 | 1.6 | 4.5 | 2.4 | 2.9% |
Total | 46.2 | 29.8 | 51.7 | 40.8 | -4.1% |
Top Export Markets for Polystyrene from Colombia in 2022:
- Brazil (17.1K tons)
- Dominican Republic (4.7K tons)
- Venezuela (1.9K tons)
- Ecuador (1.0K tons)
- Uruguay (0.9K tons)
- Peru (0.8K tons)
- Guatemala (0.7K tons)
Polystyrene Imports in Colombia
In 2022, after three years of growth, there was decline in overseas purchases of polystyrene, when their volume decreased by -1.9% to 21K tons. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20%.
In value terms, polystyrene imports contracted to $29M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +23.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $34M, and then fell in the following year.
Import of Polystyrene in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 5.8 | 5.5 | 10.0 | 7.9 | 10.8% |
United States | 6.3 | 6.4 | 7.3 | 6.5 | 1.0% |
Mexico | 4.4 | 4.8 | 5.1 | 4.2 | -1.5% |
China | 4.1 | 2.8 | 3.3 | 4.2 | 0.8% |
Brazil | 1.3 | 2.4 | 4.2 | 3.6 | 40.4% |
South Korea | 1.2 | 1.6 | 2.2 | 2.0 | 18.6% |
Canada | 0.6 | 0.6 | 1.3 | 0.7 | 5.3% |
Others | 0.2 | 0.3 | 1.2 | 0.3 | 14.5% |
Total | 23.9 | 24.3 | 34.5 | 29.4 | 7.1% |
Top Suppliers of Polystyrene to Colombia in 2022:
- Taiwan (Chinese) (5.8K tons)
- China (3.6K tons)
- United States (3.3K tons)
- Mexico (3.1K tons)
- Brazil (2.6K tons)
- South Korea (1.4K tons)
- Canada (0.7K tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.