Colombia - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRare Gases Price in Colombia - 2022
Contents:
- Rare Gases Price in Colombia (CIF) - 2022
- Rare Gases Price in Colombia (FOB) - 2022
- Rare Gases Imports in Colombia
- Rare Gases Exports in Colombia
Rare Gases Price in Colombia (CIF) - 2022
In February 2022, the average rare gases import price amounted to $39.8 per cubic meter, with a decrease of -6.4% against the previous month. Over the period under review, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in January 2022 an increase of 517% month-to-month. The import price peaked at $52.6 per cubic meter in September 2021; however, from October 2021 to February 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2021 to February 2022, the rate of growth in terms of prices for the United States amounted to +8.9% per month.
Rare Gases Price in Colombia (FOB) - 2022
In 2022, the average rare gases export price amounted to $7.5 per cubic meter, increasing by 19% against the previous year. In general, the export price showed a moderate expansion. The growth pace was the most rapid in 2017 when the average export price increased by 54%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($35 per cubic meter), while the average price for exports to Curacao amounted to $2.8 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.
Rare Gases Imports in Colombia
Rare gases imports into Colombia contracted to 123K cubic meters in 2022, waning by -12.8% on 2021. Overall, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports attained the peak of 141K cubic meters, and then fell in the following year.
In value terms, rare gases imports reduced slightly to $2.9M in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.7%. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Rare Gases in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 2.4 | 2.5 | 2.5 | -1.3% |
| France | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 0.6 | 0.1 | 0.2 | 0.2 | -30.7% |
| Total | 3.3 | 2.9 | 3.0 | 2.9 | -4.2% |
Top Suppliers of Rare Gases to Colombia in 2022:
- United States (117.3K cubic meters)
- France (3.9K cubic meters)
Rare Gases Exports in Colombia
Rare gases exports from Colombia totaled 15K cubic meters in 2022, picking up by 3.2% against 2021 figures. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, the exports reached the peak of 28K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, rare gases exports skyrocketed to $116K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 69%. As a result, the exports reached the peak of $138K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Rare Gases in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.7 | 85.5 | 58.4 | 71.1 | 32.3% |
| Curacao | 41.3 | 26.3 | 24.1 | 36.7 | -3.9% |
| Others | 9.6 | 25.8 | 11.6 | 8.0 | -5.9% |
| Total | 81.6 | 138 | 94.1 | 116 | 12.4% |
Top Export Markets for Rare Gases from Colombia in 2022:
- Curacao (13.1K cubic meters)
- United States (2.0K cubic meters)
This report provides an in-depth analysis of the rare gases market 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 20111130 - Rare gases (excluding argon)
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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