Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia - 2022

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (CIF) - 2022

The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,326 per ton in 2022, surging by 1.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2020 an increase of 36%. As a result, import price reached the peak level of $1,355 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,007 per ton), while the price for Tunisia ($584 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 (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (FOB) - 2022

The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,000 per ton in February 2022, waning by -68.4% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 when the average export price increased by 278% m-o-m. As a result, the export price attained the peak level of $3,160 per ton, and then declined remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Guatemala ($7,500 per ton), while the average price for exports to Bolivia ($795 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia

In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses imported into Colombia contracted to 16K tons, dropping by -7.6% on 2021. Overall, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses contracted to $21M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $23M, and then contracted in the following year.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.58.411.510.74.0%
Belgium1.31.42.12.015.4%
Turkey0.12.61.71.6152.0%
Canada1.41.51.41.3-2.4%
Germany1.21.21.41.32.7%
Tunisia1.51.01.21.1-9.8%
Mexico1.2N/A0.10.4-30.7%
Russia0.20.20.40.426.0%
Morocco0.72.1N/AN/A200.0%
Others1.71.73.02.615.2%
Total18.720.122.921.54.8%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Colombia in 2022:

  1. China (7.5K tons)
  2. Turkey (2.4K tons)
  3. Tunisia (2.0K tons)
  4. Belgium (1.2K tons)
  5. Canada (0.8K tons)
  6. Germany (0.5K tons)
  7. Russia (0.4K tons)
  8. Mexico (0.3K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia

After three years of growth, overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -9.4% to 4.1K tons in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses reduced to $3.2M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 32%.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia4241,0361,3391,29545.1%
Guatemala38547055753811.8%
Mexico35027349748011.1%
Peru36142159.6267-9.6%
Costa Rica93.238.613413011.7%
Venezuela20.315010197.668.8%
Trinidad and TobagoN/A66.8152N/A127.5%
ChileN/A106434N/A309.4%
Others520273262376-10.2%
Total2,1532,8343,5353,18413.9%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Colombia in 2022:

  1. Bolivia (3047.3 tons)
  2. Costa Rica (290.0 tons)
  3. Mexico (260.7 tons)
  4. Guatemala (203.8 tons)
  5. Venezuela (128.8 tons)
  6. Peru (66.5 tons)

Source: IndexBox Market Intelligence Platform

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