Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $3,270 per ton, dropping by -18% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 41%. As a result, import price reached the peak level of $18,788 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($5,173 per ton), while the price for China stood at $1,937 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-15.3%).

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $21,052 per ton in 2022, reducing by -6.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 126%. Over the period under review, the average export prices hit record highs at $85,214 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($41,582 per ton), while the average price for exports to Peru ($11,875 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 Peru (-8.8%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Colombia rose rapidly to 82 tons in 2022, with an increase of 13% on 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses declined to $269K in 2022. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18%.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China243152144149-15.0%
Netherlands3.312.217.618.377.0%
Turkey11.3N/AN/AN/A0%
Others83.682.91291026.9%
Total341247291269-7.6%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Colombia in 2022:

  1. China (76.8 tons)
  2. Netherlands (3.5 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia

In 2022, approx. 59 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were exported from Colombia; growing by 13% compared with the previous year's figure. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses rose remarkably to $1.2K in 2022. Overall, exports, however, continue to indicate a pronounced slump.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico71.014138148689.9%
Peru681603328418-15.0%
Ecuador655548270338-19.8%
OthersN/A22.0191N/A768.2%
Total1,4071,3141,1701,242-4.1%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Colombia in 2022:

  1. Peru (35.0 kg)
  2. Ecuador (12.0 kg)
  3. Mexico (12.0 kg)

Source: IndexBox Market Intelligence Platform

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