Price for Carbides, Whether or Not Chemically Defined in Colombia - 2022
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Colombia (CIF) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Colombia (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Colombia
- Exports of Carbides, Whether or Not Chemically Defined in Colombia
Price for Carbides, Whether or Not Chemically Defined in Colombia (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $2,044 per ton in February 2022, increasing by 17% against the previous month. In general, import price indicated buoyant growth 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 carbides, whether or not chemically defineds increased by +74.6% against October 2021 indices. The growth pace was the most rapid in January 2022 an increase of 39% m-o-m. The import price peaked in February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,786 per ton), while the price for Mexico ($1,318 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 China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Colombia (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $2,839 per ton in 2022, shrinking by -17.6% against the previous year. Overall, the export price showed a mild descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 55% against the previous year. The export price peaked at $5,387 per ton in 2014; however, from 2015 to 2022, the 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 +33.3% per year.
Imports of Carbides, Whether or Not Chemically Defined in Colombia
In 2022, imports of carbides, whether or not chemically defineds into Colombia rose significantly to 4.1K tons, with an increase of 8.8% on the previous year. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $6.5M in 2022. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbides, Whether or Not Chemically Defined in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.5 | 1.1 | 1.7 | 3.6 | 33.9% |
| China | 1.0 | 1.0 | 0.9 | 1.4 | 11.9% |
| Brazil | 1.4 | 0.8 | 1.5 | 1.1 | -7.7% |
| Slovakia | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 4.2 | 3.2 | 4.5 | 6.5 | 15.7% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Colombia in 2022:
- Mexico (2608.3 tons)
- China (747.2 tons)
- Brazil (575.1 tons)
- Slovakia (79.2 tons)
Exports of Carbides, Whether or Not Chemically Defined in Colombia
In 2022, approx. 28 tons of carbides, whether or not chemically defineds were exported from Colombia; reducing by -40.9% against the year before. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 518% against the previous year. As a result, the exports attained the peak of 47 tons, and then fell significantly in the following year.
In value terms, exports of carbides, whether or not chemically defineds shrank sharply to $78K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 858% against the previous year. As a result, the exports reached the peak of $161K, and then dropped significantly in the following year.
| Export of Carbides, Whether or Not Chemically Defined in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | 48.7 | 78.3 | 60.8% |
| Brazil | 29.6 | 12.8 | 111 | N/A | 93.6% |
| Others | N/A | 4.0 | 0.6 | N/A | -85.0% |
| Total | 29.6 | 16.8 | 161 | 78.3 | 38.3% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Colombia in 2022:
- Venezuela (27.6 tons)
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