Colombia: Sulphur Market 2022

Sulphur Market Size in Colombia

In 2020, the Colombian sulphur market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Sulphur Exports

Exports from Colombia

For the thirteenth consecutive year, Colombia recorded decline in shipments abroad of sulphur (sublimed or precipitated) and colloidal sulphur, which decreased by -X% to X tonnes in 2020. Overall, exports recorded a deep reduction. The smallest decline of -X% was in 2018. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, sulphur exports surged to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Costa Rica (X kg) was the main destination for sulphur exports from Colombia, with a X% share of total exports. Moreover, sulphur exports to Costa Rica exceeded the volume sent to the second major destination, Panama (X kg), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Costa Rica totaled -X%.

In value terms, Costa Rica ($X) remains the key foreign market for sulphur exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Costa Rica was relatively modest.

Export Prices by Country

The average sulphur export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the export price saw a significant increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Panama ($X per tonne), while the average price for exports to Costa Rica stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica.

Sulphur Imports

Imports into Colombia

In 2020, purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur increased by X% to X tonnes, rising for the seventh consecutive year after three years of decline. Overall, imports continue to indicate temperate growth. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, sulphur imports surged to $X in 2020. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Trinidad and Tobago (X tonnes) was the main sulphur supplier to Colombia, accounting for a X% share of total imports. It was followed by India (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Trinidad and Tobago stood at +X%.

In value terms, Trinidad and Tobago ($X) constituted the largest supplier of sulphur to Colombia, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Trinidad and Tobago was relatively modest.

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Trinidad and Tobago amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago.

Source: IndexBox Platform