Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia - 2022

Contents:

  1. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (CIF) - 2022
  2. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (FOB) - 2022
  3. Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia
  4. Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (CIF) - 2022

In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $32,506 per ton, picking up by 35% against the previous year. In general, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum 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 the United States ($69,521 per ton), while the price for India ($11,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (FOB) - 2022

The average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $39,948 per ton in 2022, growing by 14% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 166% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($352,258 per ton), while the average price for exports to Mexico ($18,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+60.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia

Imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 into Colombia soared to 80 tons in 2022, rising by 18% against 2021. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 surged to $2.6M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 91%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21331837141725.1%
India11743911925028.8%
Japan75.233410519136.4%
Germany84.798.416118128.8%
United States30.211714916877.2%
Switzerland54.057.054.668.78.4%
Spain21.712.934.638.821.4%
Others2141686411,28881.9%
Total8101,5451,6362,60347.6%

Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Colombia in 2022:

  1. India (22.6 tons)
  2. Germany (14.2 tons)
  3. China (8.6 tons)
  4. Switzerland (5.6 tons)
  5. Japan (3.2 tons)
  6. United States (2.4 tons)
  7. Spain (1.6 tons)

Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 exported from Colombia amounted to 345 kg, almost unchanged from the previous year. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 rose significantly to $14K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 373% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador2.11.77.34.528.9%
Mexico0.30.64.32.5102.7%
IndonesiaN/A0.2N/AN/A0%
Others0.10.10.46.8308.2%
Total2.52.512.013.876.7%

Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from Colombia in 2022:

  1. Ecuador (182.0 kg)
  2. Mexico (135.0 kg)

Source: IndexBox Market Intelligence Platform

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