Price for Pectic Substances; Pectinates and Pectates in Colombia - 2022
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Colombia (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Colombia (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Colombia
- Exports of Pectic Substances; Pectinates and Pectates in Colombia
Price for Pectic Substances; Pectinates and Pectates in Colombia (CIF) - 2022
In February 2022, the average import price for pectic substances; pectinates and pectateses amounted to $13,734 per ton, with an increase of 20% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From February 2021 to February 2022, the rate of growth in terms of prices for Switzerland amounted to +4.3% per month.
Price for Pectic Substances; Pectinates and Pectates in Colombia (FOB) - 2022
In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $22,134 per ton, growing by 5.5% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pectic substances; pectinates and pectates export price increased by +105.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 94% against the previous year. Over the period under review, the average export prices reached the peak figure at $22,806 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($45,996 per ton), while the average price for exports to Guatemala ($5,571 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 Mexico (+24.8%), while the prices for the other major destinations experienced a decline.
Imports of Pectic Substances; Pectinates and Pectates in Colombia
In 2022, approx. 417 tons of pectic substances; pectinates and pectateses were imported into Colombia; which is down by -16.5% against 2021 figures. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year.
In value terms, pectic substances; pectinates and pectates imports reduced rapidly to $4.8M in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
| Import of Pectic Substances; Pectinates and Pectates in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2,231 | 1,553 | 2,473 | 1,498 | -12.4% |
| Spain | 1,338 | 739 | 897 | 476 | -29.1% |
| Brazil | 476 | 533 | 702 | 268 | -17.4% |
| Denmark | 654 | 143 | 158 | 194 | -33.3% |
| Belgium | 89.6 | 23.5 | 6.5 | 4.3 | -63.7% |
| Others | 1,681 | 978 | 1,475 | 2,399 | 12.6% |
| Total | 6,470 | 3,969 | 5,711 | 4,840 | -9.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Colombia in 2022:
- Mexico (130.9 tons)
- Spain (54.7 tons)
- Brazil (21.0 tons)
- Denmark (12.8 tons)
- Belgium (0.2 tons)
Exports of Pectic Substances; Pectinates and Pectates in Colombia
In 2022, approx. 2.3 tons of pectic substances; pectinates and pectateses were exported from Colombia; growing by 1,434% compared with 2021. Over the period under review, exports, however, showed a sharp contraction.
In value terms, pectic substances; pectinates and pectates exports skyrocketed to $51K in 2022. In general, exports, however, saw a abrupt downturn.
| Export of Pectic Substances; Pectinates and Pectates in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 29.9 | 26.5 | 2.2 | 36.4 | 6.8% |
| Ecuador | 18.9 | 13.8 | 0.9 | 12.9 | -12.0% |
| Venezuela | 2.6 | 1.0 | N/A | 1.0 | -27.3% |
| Peru | 0.3 | 0.5 | N/A | 0.7 | 32.6% |
| Guatemala | 2.9 | 0.7 | N/A | 0.2 | -59.0% |
| Spain | 17.3 | 25.5 | N/A | N/A | 47.4% |
| Brazil | N/A | 2.9 | N/A | N/A | 0% |
| Others | 0.1 | 28.4 | N/A | N/A | 28300.0% |
| Total | 72.0 | 99.4 | 3.2 | 51.3 | -10.7% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Colombia in 2022:
- Ecuador (1256.0 kg)
- Mexico (792.0 kg)
- Venezuela (149.0 kg)
- Peru (84.0 kg)
- Guatemala (35.0 kg)
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