Colombia - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Colombia - 2022
Contents:
- Sulphates Price in Colombia (CIF) - 2022
- Sulphates Price in Colombia (FOB) - 2022
- Sulphates Imports in Colombia
- Sulphates Exports in Colombia
Sulphates Price in Colombia (CIF) - 2022
The average sulphates import price stood at $301 per ton in February 2022, growing by 2.4% against the previous month. In general, the import price saw notable growth. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 107% month-to-month. As a result, import price reached the peak level of $326 per ton. From September 2021 to February 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Peru ($742 per ton), while the price for Mexico ($125 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 China (+5.0%), while the prices for the other major suppliers experienced a decline.
Sulphates Price in Colombia (FOB) - 2022
In February 2022, the average sulphates export price amounted to $726 per ton, declining by -22% against the previous month. Over the period under review, export price indicated a pronounced expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, sulphates export price decreased by -22.0% against January 2022 indices. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 26% against the previous month. Over the period under review, the average export prices attained the peak figure at $931 per ton in January 2022, and then reduced dramatically in the following month.
There were significant differences in the average prices for the major foreign markets. In February 2022, the country with the highest price was Chile ($2,670 per ton), while the average price for exports to the United States ($329 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 Venezuela (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates Imports in Colombia
In 2022, sulphates imports into Colombia shrank notably to 72K tons, which is down by -81.5% on the previous year. Overall, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 391K tons, and then declined markedly in the following year.
In value terms, sulphates imports reduced notably to $14M in 2022. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $55M, and then declined rapidly in the following year.
Import of Sulphates in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 23.9 | 21.8 | 36.5 | 8.9 | -28.1% |
Mexico | 2.0 | 4.5 | 6.0 | 1.5 | -9.1% |
Spain | 5.1 | 3.0 | 4.4 | 1.1 | -40.0% |
Peru | 3.5 | 1.4 | 3.2 | 0.8 | -38.9% |
United States | 3.1 | 0.6 | 0.5 | 0.3 | -54.1% |
Others | 3.0 | 3.0 | 4.2 | 1.0 | -30.7% |
Total | 40.6 | 34.3 | 54.9 | 13.6 | -30.6% |
Top Suppliers of Sulphates to Colombia in 2022:
- China (50.7K tons)
- Mexico (10.6K tons)
- Spain (7.2K tons)
- United States (1.3K tons)
- Peru (0.8K tons)
Sulphates Exports in Colombia
In 2022, the amount of sulphates (excluding those of aluminium and barium) exported from Colombia expanded rapidly to 14K tons, surging by 7.3% on the previous year's figure. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphates exports skyrocketed to $12M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sulphates in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.8 | 3.7 | 3.6 | 4.9 | 20.5% |
United States | 2.5 | 1.5 | 1.7 | 2.9 | 5.1% |
Paraguay | 0.6 | 0.8 | 1.4 | 1.9 | 46.8% |
Ecuador | 0.3 | 0.5 | 0.7 | 1.0 | 49.4% |
Venezuela | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
Costa Rica | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.8 | 0.9 | 1.0 | 1.1 | 11.2% |
Total | 7.2 | 7.5 | 8.7 | 12.0 | 18.6% |
Top Export Markets for Sulphates from Colombia in 2022:
- United States (7.4K tons)
- Brazil (3.2K tons)
- Paraguay (1.3K tons)
- Ecuador (0.9K tons)
- Venezuela (0.4K tons)
- Costa Rica (0.3K tons)
This report provides an in-depth analysis of the sulphates 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 20134157 - Sulphates (excluding those of aluminium and barium)
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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In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...