Price for Monophenols; Cresols and Their Salts in Colombia - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Colombia (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Colombia (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Colombia
- Exports of Monophenols; Cresols and Their Salts in Colombia
Price for Monophenols; Cresols and Their Salts in Colombia (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $9,723 per ton in 2022, dropping by -5.6% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 when the average import price increased by 67%. The import price peaked at $10,301 per ton in 2021, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($8,583 per ton), while the price for Germany stood at $8,403 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%).
Price for Monophenols; Cresols and Their Salts in Colombia (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $11,003 per ton in 2022, falling by -5.4% against the previous year. Overall, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 133%. The export price peaked at $20,759 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($87,091 per ton), while the average price for exports to Curacao ($5,943 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 Free Zones (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Cresols and Their Salts in Colombia
Monophenols; cresols and their salts imports into Colombia declined to 4.3 tons in 2022, shrinking by -13.4% against 2021 figures. Over the period under review, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of 5 tons, and then shrank in the following year.
In value terms, monophenols; cresols and their salts imports dropped significantly to $42K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $51K, and then fell sharply in the following year.
| Import of Monophenols; Cresols and Their Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.3 | 10.6 | 24.1 | 18.0 | 24.6% |
| Germany | 29.1 | 16.4 | 17.8 | 18.0 | -14.8% |
| Others | 2.9 | 5.6 | 9.4 | 6.0 | 27.4% |
| Total | 41.3 | 32.6 | 51.4 | 42.0 | 0.6% |
Top Suppliers of Monophenols; Cresols and Their Salts to Colombia in 2022:
- France (2.1 tons)
- Germany (2.1 tons)
Exports of Monophenols; Cresols and Their Salts in Colombia
In 2022, overseas shipments of monophenols; cresols and their saltses decreased by -2.7% to 391 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 21%.
In value terms, monophenols; cresols and their salts exports fell to $4.3K in 2022. Over the period under review, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $4.7K, and then fell in the following year.
| Export of Monophenols; Cresols and Their Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 2.6 | 1.9 | 2.5 | 2.2 | -5.4% |
| Curacao | 1.0 | 0.8 | 1.2 | 1.2 | 6.3% |
| Free Zones | 1.0 | 0.7 | 0.9 | 0.8 | -7.2% |
| Spain | N/A | 0.5 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.7 | 3.9 | 4.7 | 4.3 | -2.9% |
Top Export Markets for Monophenols; Cresols and Their Salts from Colombia in 2022:
- Curacao (209.0 kg)
- Ecuador (171.0 kg)
- Free Zones (9.0 kg)
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