Colombia - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Colombia - 2021
Contents:
- Price for Polyethylene Glycol and Polyether in Colombia (CIF) - 2022
- Price for Polyethylene Glycol and Polyether in Colombia (FOB) - 2021
- Imports of Polyethylene Glycol and Polyether in Colombia
- Exports of Polyethylene Glycol and Polyether in Colombia
Price for Polyethylene Glycol and Polyether in Colombia (CIF) - 2022
The average polyethylene glycol and polyether import price stood at $2,105 per ton in 2022, shrinking by -11.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $2,371 per ton, and then reduced in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($2,862 per ton) and China ($2,132 per ton), while the price for South Korea ($1,918 per ton) and Mexico ($1,990 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene Glycol and Polyether in Colombia (FOB) - 2021
In December 2021, the average polyethylene glycol and polyether export price amounted to $3,044 per ton, with an increase of 4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.3%. The growth pace was the most rapid in February 2021 when the average export price increased by 30% against the previous month. Over the period under review, the average export prices hit record highs in December 2021.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Ecuador ($4,001 per ton), while the average price for exports to the United States ($2,163 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene Glycol and Polyether in Colombia
In 2022, the amount of polyethylene glycols and polyethers in primary forms imported into Colombia declined to 43K tons, reducing by -10.5% on the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports reached the peak of 48K tons, and then fell in the following year.
In value terms, polyethylene glycol and polyether imports fell notably to $91M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +34.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $115M, and then shrank rapidly in the following year.
| Import of Polyethylene Glycol and Polyether in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.1 | 33.7 | 47.2 | 37.4 | -3.9% |
| China | 5.7 | 11.5 | 27.6 | 21.9 | 56.6% |
| South Korea | 9.2 | 9.6 | 23.9 | 19.0 | 27.3% |
| Mexico | 5.6 | 4.7 | 4.1 | 3.8 | -12.1% |
| Others | 9.0 | 8.1 | 11.7 | 9.0 | 0.0% |
| Total | 71.6 | 67.5 | 115 | 91.1 | 8.4% |
Top Suppliers of Polyethylene Glycol and Polyether to Colombia in 2022:
- United States (17.9K tons)
- China (10.3K tons)
- South Korea (9.9K tons)
- Mexico (1.9K tons)
Exports of Polyethylene Glycol and Polyether in Colombia
In 2022, polyethylene glycol and polyether exports from Colombia fell to 13K tons, which is down by -11.8% on 2021. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of 14K tons, and then reduced in the following year.
In value terms, polyethylene glycol and polyether exports dropped remarkably to $28M in 2022. Overall, exports, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 129%. As a result, the exports reached the peak of $39M, and then reduced markedly in the following year.
| Export of Polyethylene Glycol and Polyether in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.2 | 8.7 | 18.5 | 12.4 | 33.6% |
| Peru | 2.6 | 1.3 | 5.1 | 3.4 | 9.4% |
| Ecuador | 2.6 | 2.0 | 4.4 | 2.9 | 3.7% |
| United States | 9.5 | 1.6 | 0.6 | 2.6 | -35.1% |
| Mexico | 1.1 | 0.8 | 2.8 | 1.9 | 20.0% |
| El Salvador | 0.7 | 0.9 | 2.7 | 1.8 | 37.0% |
| Argentina | N/A | 0.2 | 1.9 | 1.3 | 155.0% |
| Others | 2.4 | 1.3 | 2.7 | 1.5 | -14.5% |
| Total | 24.1 | 16.9 | 38.7 | 27.8 | 4.9% |
Top Export Markets for Polyethylene Glycol and Polyether from Colombia in 2022:
- Brazil (5.7K tons)
- United States (1.6K tons)
- Peru (1.5K tons)
- Ecuador (1.2K tons)
- Mexico (0.8K tons)
- El Salvador (0.8K tons)
- Argentina (0.6K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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