Alcohols; Polyhydric, Mannitol Price in Colombia - 2022

Contents:

  1. Alcohols; Polyhydric, Mannitol Price in Colombia (CIF) - 2022
  2. Alcohols; Polyhydric, Mannitol Price in Colombia (FOB) - 2022
  3. Alcohols; Polyhydric, Mannitol Imports in Colombia
  4. Alcohols; Polyhydric, Mannitol Exports in Colombia

Alcohols; Polyhydric, Mannitol Price in Colombia (CIF) - 2022

The average alcohols; polyhydric, mannitol import price stood at $4,856 per ton in 2022, shrinking by -19.3% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alcohols; polyhydric, mannitol import price increased by +50.0% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 80% against the previous year. As a result, import price attained the peak level of $6,017 per ton, and then dropped notably in the following year.

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 Germany ($8,092 per ton), while the price for China ($2,047 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Alcohols; Polyhydric, Mannitol Price in Colombia (FOB) - 2022

In 2022, the average alcohols; polyhydric, mannitol export price amounted to $5,062 per ton, dropping by -25.4% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2021 an increase of 127%. Over the period under review, the average export prices attained the peak figure at $13,543 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($8,360 per ton), while the average price for exports to Ecuador amounted to $2,147 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-5.1%), while the prices for the other major destinations experienced a decline.

Alcohols; Polyhydric, Mannitol Imports in Colombia

After three years of growth, purchases abroad of alcohols; polyhydric, mannitol decreased by -11.5% to 121 tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume 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, imports increased by +41.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of 136 tons, and then contracted in the following year.

In value terms, alcohols; polyhydric, mannitol imports reduced remarkably to $586K in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 133% against the previous year. As a result, imports attained the peak of $820K, and then fell remarkably in the following year.

Import of Alcohols; Polyhydric, Mannitol in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany68.267.928625755.6%
United States73.915016415728.6%
France91.210416214617.0%
Brazil23.514.86.811.0-22.4%
China15.211.94.310.4-11.9%
Others3.43.11974.05.6%
Total27535282058628.7%

Top Suppliers of Alcohols; Polyhydric, Mannitol to Colombia in 2022:

  1. United States (57.7 tons)
  2. Germany (31.8 tons)
  3. France (21.8 tons)
  4. China (5.1 tons)
  5. Brazil (4.2 tons)

Alcohols; Polyhydric, Mannitol Exports in Colombia

After three years of growth, overseas shipments of alcohols; polyhydric, mannitol decreased by -8.6% to 470 kg in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 313% against the previous year.

In value terms, alcohols; polyhydric, mannitol exports declined sharply to $2.4K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 175%. As a result, the exports reached the peak of $3.5K, and then contracted sharply in the following year.

Export of Alcohols; Polyhydric, Mannitol in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela5831,1052,8162,05952.3%
Ecuador34.0162632317110.5%
OthersN/AN/A38.0N/A0%
Total6171,2673,4862,37656.7%

Top Export Markets for Alcohols; Polyhydric, Mannitol from Colombia in 2022:

  1. Venezuela (246.0 kg)
  2. Ecuador (148.0 kg)

Source: IndexBox Market Intelligence Platform

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