Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia - 2022
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $755 per ton in February 2022, with a decrease of -11.9% against the previous month. In general, the import price, however, posted a temperate expansion. The pace of growth appeared the most rapid in October 2021 an increase of 84% against the previous month. As a result, import price reached the peak level of $1,196 per ton. From November 2021 to February 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,803 per ton), while the price for Jamaica ($260 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,318 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 134% against the previous year. As a result, the export price attained the peak level of $3,514 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($9,909 per ton), while the average price for exports to Ecuador ($819 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 Mexico (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia
In 2022, approx. 27K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Colombia; dropping by -19.3% against 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 +30.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, imports attained the peak of 33K tons, and then declined dramatically in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide declined notably to $11M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $14M, and then fell rapidly in the following year.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.9 | 3.7 | 4.9 | 4.0 | 0.8% |
| Romania | 1.2 | 1.4 | 2.5 | 2.0 | 18.6% |
| United States | 1.7 | 0.9 | 1.9 | 1.6 | -2.0% |
| Germany | 1.4 | 1.1 | 1.6 | 1.3 | -2.4% |
| Turkey | 2.2 | 1.5 | 0.6 | 1.1 | -20.6% |
| China | 0.7 | 0.4 | 1.3 | 1.0 | 12.6% |
| Russia | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| Others | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
| Total | 11.7 | 9.3 | 13.5 | 11.4 | -0.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Colombia in 2022:
- Brazil (10.1K tons)
- Romania (7.8K tons)
- Turkey (4.2K tons)
- Germany (1.8K tons)
- China (1.2K tons)
- United States (0.7K tons)
- Russia (0.5K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia
In 2022, approx. 76 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were exported from Colombia; with a decrease of -17.9% against 2021 figures. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 93 tons, and then plummeted in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped to $101K in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 29.0 | 32.0 | 42.2 | 38.2 | 9.6% |
| Brazil | 78.6 | 54.3 | 3.5 | 36.8 | -22.3% |
| Ecuador | 5.5 | 5.1 | 28.4 | 25.7 | 67.2% |
| Venezuela | 0.1 | N/A | 16.2 | N/A | 1172.8% |
| Costa Rica | 24.3 | N/A | 3.3 | N/A | -63.1% |
| Chile | N/A | N/A | 15.6 | N/A | 0% |
| Others | 2.1 | N/A | 0.7 | N/A | -42.3% |
| Total | 140 | 91.4 | 110 | 101 | -10.3% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Colombia in 2022:
- Brazil (41.2 tons)
- Ecuador (31.4 tons)
- Peru (3.9 tons)
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