Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $77,578 per ton, with an increase of 5.7% against the previous year. In general, the import price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 47%. The import price peaked at $108,576 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($94,500 per ton), while the price for China ($76,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (FOB) - 2022

The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $90,500 per ton in 2022, with an increase of 2.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 135% against the previous year. The export price peaked at $96,909 per ton in 2012; however, from 2013 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 Brazil ($99,583 per ton), while the average price for exports to Chile amounted to $36,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-3.2%), while the prices for the other major destinations experienced a decline.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia

In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses imported into Colombia soared to 4.6 tons, increasing by 37% compared with the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses soared to $355K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +60.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21021023432415.6%
Spain0.70.50.427.0237.9%
United States12.79.75.9N/A-31.8%
Others1.50.64.53.228.7%
Total22522124535516.4%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Colombia in 2022:

  1. China (4.3 tons)
  2. Spain (0.3 tons)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia

For the fourth year in a row, Colombia recorded growth in overseas shipments of glycosides; rutoside (rutin) and its derivativeses, which increased by 17% to 14 kg in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses skyrocketed to $1.3K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6748179891,19521.0%
Chile59.063.067.072.06.9%
OthersN/AN/AN/AN/A0%
Total7338801,0561,26720.0%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Colombia in 2022:

  1. Brazil (12.0 kg)
  2. Chile (2.0 kg)

Source: IndexBox Market Intelligence Platform

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