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Colombia - Carbonates And Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarbonate Price in Colombia - 2022
Contents:
- Carbonate Price in Colombia (CIF) - 2022
- Carbonate Price in Colombia (FOB) - 2022
- Carbonate Imports in Colombia
- Carbonate Exports in Colombia
Carbonate Price in Colombia (CIF) - 2022
In 2022, the average carbonate import price amounted to $240 per ton, picking up by 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 10% against the previous year. As a result, import price reached the peak level of $253 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
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 China ($416 per ton), while the price for the United States ($212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonate Price in Colombia (FOB) - 2022
The average carbonate export price stood at $475 per ton in February 2022, shrinking by -48.8% against the previous month. In general, the export price, however, saw a modest increase. The pace of growth appeared the most rapid in November 2021 an increase of 138% month-to-month. As a result, the export price reached the peak level of $1,783 per ton. From December 2021 to February 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($807 per ton), while the average price for exports to Costa Rica ($160 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 (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonate Imports in Colombia
Carbonate imports into Colombia fell to 224K tons in 2022, reducing by -15% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of 263K tons, and then declined in the following year.
In value terms, carbonate imports shrank to $54M in 2022. Over the period under review, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports attained the peak of $60M, and then declined in the following year.
Import of Carbonate in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.1 | 29.0 | 38.3 | 35.5 | 2.4% |
China | 5.0 | 6.2 | 5.0 | 5.4 | 2.6% |
Russia | 0.8 | 1.0 | 1.6 | 1.6 | 26.0% |
Turkey | 8.6 | 1.8 | 2.8 | 1.4 | -45.4% |
Italy | 1.4 | 1.5 | 0.9 | 1.2 | -5.0% |
Bulgaria | 1.2 | 1.1 | 1.1 | 1.0 | -5.9% |
Spain | 1.6 | 1.6 | 2.3 | 0.8 | -20.6% |
Others | 6.1 | 5.3 | 7.8 | 6.7 | 3.2% |
Total | 57.8 | 47.6 | 59.7 | 53.7 | -2.4% |
Top Suppliers of Carbonate to Colombia in 2022:
- United States (167.7K tons)
- China (13.0K tons)
- Russia (6.3K tons)
- Turkey (4.9K tons)
- Bulgaria (4.5K tons)
- Italy (4.0K tons)
- Spain (3.1K tons)
Carbonate Exports in Colombia
After three years of growth, shipments abroad of carbonates and peroxocarbonates decreased by -34.7% to 6K tons in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 137%.
In value terms, carbonate exports dropped remarkably to $1.7M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, the exports attained the peak of $2.4M, and then fell rapidly in the following year.
Export of Carbonate in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 43.5 | 123 | 665 | 360 | 102.3% |
Ecuador | 109 | 191 | 178 | 224 | 27.1% |
Nicaragua | 39.5 | 131 | 271 | 173 | 63.6% |
Dominican Republic | 85.3 | 79.2 | 228 | 126 | 13.9% |
Guatemala | 8.3 | 77.5 | 56.5 | 79.9 | 112.7% |
Costa Rica | 42.5 | 59.4 | 162 | 71.1 | 18.7% |
Chile | 2.6 | 13.1 | 204 | 53.8 | 174.5% |
Trinidad and Tobago | 77.2 | 17.4 | 14.1 | 16.6 | -40.1% |
Others | 117 | 321 | 620 | 601 | 72.5% |
Total | 525 | 1,011 | 2,397 | 1,704 | 48.1% |
Top Export Markets for Carbonate from Colombia in 2022:
- Panama (2223.4 tons)
- Nicaragua (480.1 tons)
- Costa Rica (378.0 tons)
- Ecuador (356.8 tons)
- Dominican Republic (293.6 tons)
- Chile (219.8 tons)
- Guatemala (187.7 tons)
- Trinidad and Tobago (21.5 tons)
This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
- Prodcom 20134340 - Calcium carbonate
- Prodcom 20134390 - Other carbonates
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
-
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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