Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia - 2022

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $740 per ton in 2022, leveling off at the previous year. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, average import prices reached the peak figure at $980 per ton in 2013; however, from 2014 to 2022, 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 France ($1,395 per ton), while the price for China ($618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.1%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $9,409 per ton, which is down by -3.4% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 34%. Over the period under review, the average export prices attained the peak figure at $9,741 per ton in 2021, and then fell modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +10.1% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia

In 2022, approx. 1.3K tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were imported into Colombia; picking up by 87% compared with 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $960K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36724235872525.5%
France0.10.137.859.3740.1%
India17.228.934.344.036.8%
Others36.982.889.713252.9%
Total42135452096031.6%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Colombia in 2022:

  1. China (1172.7 tons)
  2. India (70.8 tons)
  3. France (42.5 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia

Exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Colombia dropped to 198 kg in 2022, reducing by -8.3% compared with 2021. Overall, exports showed a mild decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 216 kg, and then declined in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses reduced to $1.9K in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of $2.1K, and then fell in the following year.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela1.41.61.11.910.7%
PeruN/AN/A1.0N/A0%
OthersN/AN/AN/AN/A0%
Total1.41.62.11.910.7%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Colombia in 2022:

  1. Venezuela (198.0 kg)

Source: IndexBox Market Intelligence Platform

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