Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia - 2022

Contents:

  1. Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (CIF) - 2022
  2. Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (FOB) - 2022
  3. Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia
  4. Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia

Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (CIF) - 2022

In 2022, the average import price for alcohols; unsaturated monohydric, acyclic terpene alcoholses amounted to $9,010 per ton, rising by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $12,156 per ton. From 2019 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 Switzerland ($9,309 per ton), while the price for Germany ($5,758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (FOB) - 2022

The average export price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $12,816 per ton in 2022, picking up by 23% against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $18,658 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Venezuela.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.6% per year.

Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia

For the fourth year in a row, Colombia recorded growth in supplies from abroad of alcohols; unsaturated monohydric, acyclic terpene alcoholses, which increased by 17% to 533 tons in 2022. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses soared to $4.8M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5321,0441,4351,19130.8%
India1,219705646697-17.0%
Germany731585718596-6.6%
China1,143365341501-24.0%
Malaysia273280284236-4.7%
Mexico10121725.593.2-2.6%
Others3252181101,48766.0%
Total4,3253,4143,5604,8013.5%

Top Suppliers of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols to Colombia in 2022:

  1. United States (179.5 tons)
  2. Germany (103.5 tons)
  3. India (87.9 tons)
  4. China (60.8 tons)
  5. Malaysia (37.2 tons)
  6. Mexico (12.9 tons)

Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia

For the fourth consecutive year, Colombia recorded growth in overseas shipments of alcohols; unsaturated monohydric, acyclic terpene alcoholses, which increased by 36% to 6.2 tons in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 200%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses surged to $79K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela19.824.638.341.427.9%
ParaguayN/AN/A4.2N/A0%
MexicoN/A6.1N/AN/A0%
BrazilN/AN/A2.5N/A0%
OthersN/A4.32.838.0197.3%
Total19.835.047.879.458.9%

Top Export Markets for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols from Colombia in 2022:

  1. Venezuela (6.1 tons)

Source: IndexBox Market Intelligence Platform

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