Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia - 2022

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia (CIF) - 2022
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia (FOB) - 2022
3. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia
4. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia (CIF) - 2022

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $3,565 per ton in 2022, which is down by -39.2% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 61%. As a result, import price attained the peak level of $11,269 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,531 per ton), while the price for France ($325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia (FOB) - 2022

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $1,051 per ton in 2022, jumping by 79% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2022, the rate of growth in terms of prices for Ecuador amounted to +239.2% per year.

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia

For the fourth consecutive year, Colombia recorded growth in purchases abroad of liquefied ethylene, propylene, butylene and butadienes, which increased by 32% to 41 tons in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 98% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes shrank sharply to $146K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 51%. As a result, imports attained the peak of $217K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Colombia in 2022:

1. China (25.7 tons)
2. United States (9.1 tons)
3. France (6.2 tons)

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Colombia

In 2022, approx. 1.3 tons of liquefied ethylene, propylene, butylene and butadienes were exported from Colombia; waning by -24.1% compared with 2021. Over the period under review, exports continue to indicate a significant curtailment.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes surged to $1.4K in 2022. Overall, exports faced a abrupt decline.

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Colombia in 2022:

1. Ecuador (60.0 kg)

Source: IndexBox Market Intelligence Platform