Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia - 2022

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (CIF) - 2022
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $3,283 per ton in February 2022, picking up by 6.3% against the previous month. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in August 2021 an increase of 54% m-o-m. The import price peaked in February 2022.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was the United States ($28,488 per ton), while the price for Belgium ($1,809 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (FOB) - 2022

The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,816 per ton in 2022, increasing by 26% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 26%. As a result, the export price reached the peak level of $3,175 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($4,973 per ton), while the average price for exports to Ecuador ($1,763 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 Peru (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia

In 2022, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into Colombia soared to 2.5K tons, rising by 18% against 2021. The total import 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $7.5M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,2372,4722,7855,78937.3%
Germany4635174625375.1%
Belgium6.335.5119278253.4%
United States69.912613127758.2%
Canada16283.91021905.5%
Others10513327438454.1%
Total3,0433,3683,8737,45634.8%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Colombia in 2022:

  1. China (2041.5 tons)
  2. Germany (135.0 tons)
  3. Belgium (114.7 tons)
  4. United States (76.6 tons)
  5. Canada (47.4 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia

For the fourth year in a row, Colombia recorded growth in overseas shipments of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, which increased by 213% to 66 tons in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $185K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador18.218.818.766.554.0%
Panama2.19.37.257.5201.4%
Costa RicaN/AN/AN/A30.00%
Venezuela2.915.116.216.678.9%
PeruN/AN/A2.614.2446.2%
Others0.11.92.3N/A379.6%
Total23.345.146.918599.5%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Colombia in 2022:

  1. Ecuador (37.7 tons)
  2. Panama (11.6 tons)
  3. Costa Rica (9.3 tons)
  4. Venezuela (4.1 tons)
  5. Peru (3.0 tons)

Source: IndexBox Market Intelligence Platform

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