Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia - 2022

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (CIF) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (CIF) - 2022

In 2022, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $197 per ton, picking up by 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($475 per ton), while the price for Spain ($142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $523 per ton in February 2022, reducing by -25.4% against the previous month. Overall, export price indicated modest growth from February 2021 to February 2022: its price increased at an average monthly rate of +1.0% 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; alums; peroxosulphates (persulphates) export price decreased by -30.6% against December 2021 indices. The pace of growth appeared the most rapid in May 2021 an increase of 40% m-o-m. Over the period under review, the average export prices hit record highs at $754 per ton in December 2021; however, from January 2022 to February 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In February 2022, the country with the highest price was Brazil ($1,140 per ton), while the average price for exports to Nicaragua ($257 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 Brazil (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia

In 2022, sulphates; alums; peroxosulphates (persulphates) imports into Colombia plummeted to 310K tons, which is down by -17.2% compared with 2021. In general, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of 374K tons, and then fell remarkably in the following year.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports dropped dramatically to $61M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of $72M, and then dropped notably in the following year.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.431.747.339.611.7%
Mexico2.56.37.76.537.5%
Spain6.04.35.64.7-7.8%
Peru4.11.94.13.4-6.0%
United States3.71.00.91.6-24.4%
Others4.35.06.25.26.5%
Total48.950.271.861.07.6%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Colombia in 2022:

  1. China (234.1K tons)
  2. Spain (33.0K tons)
  3. Mexico (25.3K tons)
  4. Peru (4.0K tons)
  5. United States (3.5K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia

In 2022, sulphates; alums; peroxosulphates (persulphates) exports from Colombia reduced to 15K tons, which is down by -6.8% compared with the year before. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 16K tons, and then dropped in the following year.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports contracted modestly to $11M in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.9%.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.73.93.63.4-2.8%
United States3.82.72.22.7-10.8%
Paraguay0.80.91.41.317.6%
Ecuador0.90.91.31.313.0%
Dominican Republic0.60.60.70.75.3%
Costa Rica0.20.30.20.20.0%
Venezuela0.10.10.10.10.0%
Others1.10.91.10.8-10.1%
Total11.310.310.810.5-2.4%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Colombia in 2022:

  1. United States (4.9K tons)
  2. Brazil (3.4K tons)
  3. Ecuador (2.4K tons)
  4. Dominican Republic (1.8K tons)
  5. Paraguay (1.4K tons)
  6. Costa Rica (0.5K tons)
  7. Venezuela (0.2K tons)

Source: IndexBox Market Intelligence Platform

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