Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia - 2022

Contents:

1. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia (CIF) - 2022
2. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia (FOB) - 2022
3. Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia
4. Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia (CIF) - 2022

In 2022, the average import price for oxides, hydroxides and peroxides, of strontium or baria amounted to $3,907 per ton, with an increase of 92% against the previous year. In general, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($8,516 per ton), while the price for the United States ($2,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia (FOB) - 2022

The average export price for oxides, hydroxides and peroxides, of strontium or baria stood at $1,160 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. The export price peaked at $2,685 per ton in 2017; however, from 2018 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 Venezuela amounted to +16.6% per year.

Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia

Imports of oxides, hydroxides and peroxides, of strontium or baria into Colombia contracted notably to 51 tons in 2022, reducing by -21.1% compared with 2021 figures. In general, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of 64 tons, and then shrank markedly in the following year.

In value terms, imports of oxides, hydroxides and peroxides, of strontium or baria skyrocketed to $198K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +86.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Oxides, Hydroxides and Peroxides, of Strontium or Barium to Colombia in 2022:

1. China (49.0 tons)
2. Mexico (1.5 tons)

Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Colombia

For the fourth year in a row, Colombia recorded growth in overseas shipments of oxides, hydroxides and peroxides, of strontium or baria, which increased by 0.5% to 1.5 tons in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 428% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oxides, hydroxides and peroxides, of strontium or baria totaled $1.8K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 247% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Oxides, Hydroxides and Peroxides, of Strontium or Barium from Colombia in 2022:

1. Venezuela (1.5 tons)

Source: IndexBox Market Intelligence Platform