Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,736 per ton in 2022, reducing by -11.7% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by +46.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 65%. As a result, import price attained the peak level of $1,966 per ton, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +4.4% per year.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,979 per ton, surging by 36% against the previous year. In general, the export price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 42%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($3,061 per ton), while the average price for exports to Costa Rica amounted to $2,921 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia

For the third year in a row, Colombia recorded decline in overseas purchases of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses, which decreased by -31.5% to 660 tons in 2022. In general, imports saw a precipitous curtailment. The smallest decline of -9.1% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses reduced markedly to $1.1M in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. As a result, imports attained the peak of $1.9M, and then shrank sharply in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2246701,5291,146-2.2%
VietnamN/A54.1107N/A97.8%
United States198N/AN/AN/A0%
Taiwan (Chinese)466536168N/A-40.0%
Others0.1N/A90.1N/A2901.7%
Total1,8891,2601,8941,146-15.3%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Colombia in 2022:

  1. China (660.0 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia

In 2022, the amount of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses exported from Colombia shrank markedly to 109 tons, with a decrease of -18.9% compared with 2021. In general, exports recorded a precipitous curtailment. The smallest decline of -8.1% was in 2021.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $325K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/A54.396.318785.6%
VenezuelaN/AN/AN/A1380%
PeruN/A20.4N/AN/A0%
Trinidad and TobagoN/A151199N/A31.8%
United States217N/AN/AN/A0%
Mexico66.7N/AN/AN/A0%
Brazil150N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total434226295325-9.2%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Colombia in 2022:

  1. Costa Rica (64.0 tons)
  2. Venezuela (45.0 tons)

Source: IndexBox Market Intelligence Platform

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