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Colombia - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Colombia - 2022
Contents:
- Isocyanates Price in Colombia (CIF) - 2022
- Isocyanates Price in Colombia (FOB) - 2022
- Isocyanates Imports in Colombia
- Isocyanates Exports in Colombia
Isocyanates Price in Colombia (CIF) - 2022
In February 2022, the average isocyanates import price amounted to $2,721 per ton, leveling off at the previous month. Overall, the import price, however, showed a noticeable setback. The growth pace was the most rapid in November 2021 an increase of 111% month-to-month. As a result, import price attained the peak level of $5,111 per ton. From December 2021 to February 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2022, the countries with the highest prices were South Korea ($2,855 per ton) and Germany ($2,843 per ton), while the price for China ($2,553 per ton) and Hungary ($2,803 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Isocyanates Price in Colombia (FOB) - 2022
In 2022, the average isocyanates export price amounted to $2,553 per ton, falling by -5.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 18%. As a result, the export price attained the peak level of $3,321 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($7,458 per ton), while the average price for exports to Venezuela ($994 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Isocyanates Imports in Colombia
In 2022, isocyanates imports into Colombia rose modestly to 20K tons, increasing by 1.5% against 2021 figures. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, isocyanates imports contracted to $40M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +37.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $45M, and then reduced in the following year.
Import of Isocyanates in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.6 | 7.1 | 10.0 | 10.9 | -2.1% |
Poland | 5.9 | 7.8 | 10.4 | 8.3 | 12.0% |
China | 1.1 | 9.0 | 11.0 | 8.0 | 93.7% |
South Korea | 3.6 | 5.3 | 4.4 | 5.3 | 13.8% |
Germany | 1.5 | 0.9 | 2.2 | 2.2 | 13.6% |
Hungary | 1.0 | 1.1 | 1.2 | 0.7 | -11.2% |
Others | 4.7 | 4.1 | 6.2 | 4.9 | 1.4% |
Total | 29.4 | 35.3 | 45.4 | 40.4 | 11.2% |
Top Suppliers of Isocyanates to Colombia in 2022:
- United States (5.1K tons)
- China (4.7K tons)
- Poland (4.0K tons)
- South Korea (2.9K tons)
- Germany (1.1K tons)
- Hungary (0.3K tons)
Isocyanates Exports in Colombia
In 2022, overseas shipments of isocyanates were finally on the rise to reach 984 tons after two years of decline. In general, exports, however, recorded a abrupt contraction.
In value terms, isocyanates exports soared to $2.5M in 2022. Overall, exports, however, recorded a abrupt contraction.
Export of Isocyanates in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 71.7 | 663 | 763 | 1,292 | 162.2% |
Peru | 844 | 865 | 189 | 471 | -17.7% |
Chile | 549 | 712 | 220 | 354 | -13.6% |
Venezuela | 307 | 406 | 128 | 211 | -11.8% |
Free Zones | 217 | 266 | 77.6 | 118 | -18.4% |
Dominican Republic | 2.7 | 50.7 | 16.4 | 27.6 | 117.0% |
Guyana | 837 | N/A | N/A | N/A | 0% |
South Korea | 241 | N/A | N/A | N/A | 0% |
Bolivia | N/A | N/A | 535 | N/A | 0% |
Others | 34.6 | 105 | 26.5 | 38.1 | 3.3% |
Total | 3,104 | 3,067 | 1,956 | 2,512 | -6.8% |
Top Export Markets for Isocyanates from Colombia in 2022:
- Ecuador (446.1 tons)
- Peru (228.5 tons)
- Venezuela (212.0 tons)
- Chile (47.5 tons)
- Free Zones (17.2 tons)
- Dominican Republic (16.3 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
This report provides an in-depth analysis of the isocyanates market in Colombia.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Colombia.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
This report provides an in-depth analysis of the isocyanates market in Colombia.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Colombia.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
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