Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (CIF) - 2022
In February 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $2,735 per ton, growing by 7.9% against the previous month. In general, import price indicated a remarkable increase from February 2021 to February 2022: its price increased at an average monthly rate of +6.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +34.2% against September 2021 indices. The pace of growth was the most pronounced in April 2021 an increase of 34% m-o-m. The import price peaked in February 2022.
Average prices varied somewhat amongst the major supplying countries. In February 2022, the countries with the highest prices were Russia ($3,403 per ton) and China ($2,849 per ton), while the price for the United States ($2,595 per ton) and Brazil ($2,634 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $3,937 per ton in 2022, jumping by 61% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $6,193 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($4,118 per ton), while the average price for exports to Ecuador amounted to $3,708 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.8%).
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia
In 2022, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses was finally on the rise to reach 3.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible setback.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $8.3M in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 5.4 | 0% |
| China | 3.3 | 2.1 | 2.9 | 2.2 | -12.6% |
| United States | 0.5 | 0.2 | 0.1 | 0.4 | -7.2% |
| Russia | 0.5 | 0.9 | 0.8 | 0.2 | -26.3% |
| South Africa | 0.3 | 0.3 | 0.6 | N/A | 41.4% |
| Netherlands | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.3 | 0.2 | 0.7 | 0.1 | -30.7% |
| Total | 5.1 | 3.8 | 5.2 | 8.3 | 17.6% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Colombia in 2022:
- Brazil (2233.6 tons)
- China (958.5 tons)
- Russia (170.3 tons)
- United States (168.5 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia
In 2022, approx. 11 tons of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses were exported from Colombia; with an increase of 171% against 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses skyrocketed to $44K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 18.6 | 15.2 | 8.8 | 24.7 | 9.9% |
| Ecuador | 2.5 | 13.3 | 1.3 | 19.3 | 97.6% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 21.1 | 28.5 | 10.1 | 44.1 | 27.9% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Colombia in 2022:
- Venezuela (6.0 tons)
- Ecuador (5.2 tons)
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