Colombia - Nitrates (Excluding Those Of Potassium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrates Price in Colombia - 2022
Contents:
- Nitrates Price in Colombia (CIF) - 2022
- Nitrates Price in Colombia (FOB) - 2022
- Nitrates Imports in Colombia
- Nitrates Exports in Colombia
Nitrates Price in Colombia (CIF) - 2022
In 2022, the average nitrates import price amounted to $639 per ton, with a decrease of -10.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 48% against the previous year. As a result, import price attained the peak level of $795 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($905 per ton), while the price for the Czech Republic ($50 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.3%), while the prices for the other major suppliers experienced a decline.
Nitrates Price in Colombia (FOB) - 2022
The average nitrates export price stood at $415 per ton in 2022, declining by -30.8% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 43%. Over the period under review, the average export prices attained the peak figure at $632 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Japan ($726 per ton), while the average price for exports to South Africa ($251 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 Belgium (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrates Imports in Colombia
In 2022, approx. 1K tons of nitrates (excluding those of potassium) were imported into Colombia; waning by -14.3% on 2021 figures. In general, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +28.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of 1.2K tons, and then shrank in the following year.
In value terms, nitrates imports fell rapidly to $661K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $861K, and then dropped notably in the following year.
Import of Nitrates in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 337 | 414 | 700 | 591 | 20.6% |
Belgium | N/A | 0.1 | 35.5 | 25.4 | 1493.7% |
Czech Republic | 1.4 | 2.1 | 6.3 | 10.7 | 97.0% |
United States | 2.5 | 27.8 | 26.0 | 8.8 | 52.1% |
Poland | 0.7 | 1.1 | 2.1 | 3.2 | 66.0% |
Norway | 1.5 | 1.6 | 2.3 | 1.7 | 4.3% |
China | 4.0 | 4.6 | 22.8 | 1.6 | -26.3% |
Others | 5.3 | 9.2 | 66.4 | 18.9 | 52.8% |
Total | 353 | 460 | 861 | 661 | 23.3% |
Top Suppliers of Nitrates to Colombia in 2022:
- Sweden (652.4 tons)
- Czech Republic (215.3 tons)
- Belgium (48.1 tons)
- Poland (28.0 tons)
- Norway (20.4 tons)
- China (15.9 tons)
- United States (15.7 tons)
Nitrates Exports in Colombia
After two years of decline, shipments abroad of nitrates (excluding those of potassium) increased by 38% to 1.6K tons in 2022. Over the period under review, exports, however, faced a dramatic slump.
In value terms, nitrates exports shrank to $684K in 2022. Overall, exports, however, continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 10%.
Export of Nitrates in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 1,809 | 426 | 376 | 240 | -49.0% |
Dominican Republic | 181 | 65.5 | 88.5 | 111 | -15.0% |
South Africa | 163 | 77.3 | 87.8 | 92.5 | -17.2% |
Japan | 211 | 38.4 | 30.0 | 67.9 | -31.5% |
Belgium | 1.5 | 0.4 | 0.6 | 61.5 | 244.8% |
Brazil | 94.7 | 29.7 | 34.9 | 38.0 | -26.2% |
Others | 37.1 | 13.3 | 100 | 73.7 | 25.7% |
Total | 2,498 | 651 | 718 | 684 | -35.1% |
Top Export Markets for Nitrates from Colombia in 2022:
- Guatemala (727.0 tons)
- South Africa (368.7 tons)
- Dominican Republic (225.3 tons)
- Brazil (101.4 tons)
- Japan (93.6 tons)
- Belgium (84.7 tons)
This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)
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 nitrates market in Colombia.
This report provides an in-depth analysis of the potassium nitrate market in Colombia.
This report provides an in-depth analysis of the nitrites market in Colombia.
This report provides an in-depth analysis of the global nitrates market.
This report provides an in-depth analysis of the global potassium nitrate market.
This report provides an in-depth analysis of the global nitrites market.
This report provides an in-depth analysis of the nitrates market in Colombia.
This report provides an in-depth analysis of the potassium nitrate market in Colombia.
This report provides an in-depth analysis of the nitrites market in Colombia.
This report provides an in-depth analysis of the global nitrates market.
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In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...