Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (FOB) - 2022
In February 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $2,323 per ton, dropping by -21% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in April 2021 an increase of 23% month-to-month. Over the period under review, the average export prices hit record highs at $2,939 per ton in January 2022, and then dropped sharply in the following month.
Average prices varied somewhat for the major overseas markets. In February 2022, the highest price was recorded for prices to Venezuela ($2,662 per ton) and Costa Rica ($2,432 per ton), while the average price for exports to El Salvador ($2,122 per ton) and Brazil ($2,269 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 United States (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $2,356 per ton, picking up by 6.4% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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; dioctyl orthophthalateses increased by +51.7% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($2,825 per ton), while the price for China ($1,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia
In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses exported from Colombia amounted to 5.6K tons, growing by 6.6% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume 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, exports increased by +94.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 82%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses reached $12M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 239%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.8 | 1.8 | 2.9 | 6.1 | 17.1% |
| United States | 1.2 | 0.6 | 3.6 | 1.5 | 7.7% |
| Ecuador | 0.2 | 0.4 | 0.7 | 1.4 | 91.3% |
| Venezuela | 0.3 | 0.1 | 0.3 | 1.3 | 63.0% |
| El Salvador | N/A | N/A | 0.6 | 0.7 | 16.7% |
| Costa Rica | 0.4 | 0.5 | 1.2 | 0.5 | 7.7% |
| Canada | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Chile | N/A | N/A | 0.9 | 0.1 | -88.9% |
| Others | 0.1 | 0.2 | 1.4 | 0.3 | 44.2% |
| Total | 6.1 | 3.5 | 11.9 | 12.1 | 25.6% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Colombia in 2022:
- Brazil (3068.8 tons)
- United States (620.2 tons)
- Ecuador (613.6 tons)
- Venezuela (482.5 tons)
- El Salvador (330.4 tons)
- Costa Rica (200.8 tons)
- Canada (120.0 tons)
- Chile (70.8 tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia
In 2022, approx. 4.3K tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were imported into Colombia; with a decrease of -3.4% against the previous year's figure. In general, imports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 85%.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses totaled $10M in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 181%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 2.6 | 1.3 | 4.9 | 3.6 | 11.5% |
| Mexico | 1.1 | 1.5 | 3.2 | 2.7 | 34.9% |
| Taiwan (Chinese) | 1.4 | 0.3 | 0.2 | 1.5 | 2.3% |
| South Korea | 0.7 | 0.2 | 0.3 | 0.8 | 4.6% |
| Vietnam | 0.1 | 0.1 | 1.0 | 0.7 | 91.3% |
| China | 0.7 | N/A | 0.3 | 0.5 | -10.6% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 6.5 | 3.5 | 9.8 | 10.1 | 15.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Colombia in 2022:
- Chile (1546.2 tons)
- Mexico (972.9 tons)
- Taiwan (Chinese) (708.1 tons)
- South Korea (368.0 tons)
- Vietnam (300.0 tons)
- China (297.9 tons)
- United States (80.0 tons)
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