Colombia - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Colombia - 2022
Contents:
- Price for Polystyrene in Primary Forms in Colombia (FOB) - 2022
- Price for Polystyrene in Primary Forms in Colombia (CIF) - 2022
- Exports of Polystyrene in Primary Forms in Colombia
- Imports of Polystyrene in Primary Forms in Colombia
Price for Polystyrene in Primary Forms in Colombia (FOB) - 2022
In February 2022, the average polystyrene in primary forms export price amounted to $1,927 per ton, growing by 3.7% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in June 2021 an increase of 14% month-to-month. As a result, the export price reached the peak level of $2,188 per ton. From July 2021 to February 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In February 2022, the highest price was recorded for prices to the Dominican Republic ($2,075 per ton) and Guatemala ($2,005 per ton), while the average price for exports to Brazil ($1,834 per ton) and Venezuela ($1,935 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polystyrene in Primary Forms in Colombia (CIF) - 2022
In February 2022, the average polystyrene in primary forms import price amounted to $1,848 per ton, approximately reflecting the previous month. In general, the import price recorded notable growth. The pace of growth appeared the most rapid in April 2021 an increase of 243% m-o-m. As a result, import price reached the peak level of $4,972 per ton. From May 2021 to February 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Mexico ($1,963 per ton), while the price for Brazil stood at $1,781 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Polystyrene in Primary Forms in Colombia
In 2022, polystyrene in primary forms exports from Colombia declined modestly to 29K tons, approximately equating the year before. Over the period under review, exports saw a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 3.3%.
In value terms, polystyrene in primary forms exports contracted sharply to $41M in 2022. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $51M, and then fell notably in the following year.
| Export of Polystyrene in Primary Forms in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 22.6 | 21.0 | 28.6 | 22.9 | 0.4% |
| Dominican Republic | 6.7 | 2.3 | 9.8 | 7.9 | 5.6% |
| Venezuela | 1.4 | 1.5 | 3.8 | 3.0 | 28.9% |
| Ecuador | 1.5 | 0.6 | 1.9 | 1.5 | 0.0% |
| Guatemala | 0.4 | 0.2 | 1.3 | 1.1 | 40.1% |
| Uruguay | 1.0 | 0.8 | 1.2 | 1.0 | 0.0% |
| Peru | 0.9 | 1.7 | 0.3 | 0.8 | -3.9% |
| Free Zones | 9.2 | N/A | N/A | N/A | 0% |
| Others | 2.1 | 1.6 | 4.4 | 2.4 | 4.6% |
| Total | 45.9 | 29.7 | 51.5 | 40.6 | -4.0% |
Top Export Markets for Polystyrene in Primary Forms from Colombia in 2022:
- Brazil (17.0K tons)
- Dominican Republic (4.7K tons)
- Venezuela (1.9K tons)
- Ecuador (1.0K tons)
- Uruguay (0.9K tons)
- Peru (0.8K tons)
- Guatemala (0.7K tons)
Imports of Polystyrene in Primary Forms in Colombia
After three years of growth, overseas purchases of polystyrene in primary forms (excluding expansible polystyrene) decreased by -2% to 5.7K tons in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 94% against the previous year.
In value terms, polystyrene in primary forms imports fell dramatically to $7.4M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year.
| Import of Polystyrene in Primary Forms in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.3 | 2.4 | 4.2 | 3.6 | 40.4% |
| Mexico | 1.8 | 1.7 | 1.9 | 1.7 | -1.9% |
| South Korea | 0.2 | 0.5 | 1.1 | 1.0 | 71.0% |
| United States | 0.1 | 1.0 | 0.8 | 0.7 | 91.3% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| China | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Total | 3.7 | 5.9 | 8.9 | 7.4 | 26.0% |
Top Suppliers of Polystyrene in Primary Forms to Colombia in 2022:
- Brazil (2623.0 tons)
- Mexico (1295.7 tons)
- United States (731.1 tons)
- South Korea (702.2 tons)
- Taiwan (Chinese) (167.9 tons)
- China (164.7 tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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