Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia
- Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,440 per ton in November 2021, therefore, remained relatively stable against the previous month. In general, the import price enjoyed a measured increase. The most prominent rate of growth was recorded in February 2021 an increase of 5,201% month-to-month. As a result, import price reached the peak level of $48,000 per ton. From March 2021 to November 2021, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From January 2021 to November 2021, the rate of growth in terms of prices for South Korea amounted to +6.5% per month.
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $2,502 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price showed a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2018 to 2022, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia
For the fourth consecutive year, Colombia recorded growth in supplies from abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, which increased by 197% to 309 tons in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 237% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $446K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 380 | 0% |
| Spain | 1.1 | 9.1 | 6.5 | 38.6 | 227.4% |
| South Korea | 14.7 | 32.4 | 72.8 | N/A | 122.5% |
| Others | 2.7 | 8.3 | 7.4 | 27.1 | 115.7% |
| Total | 18.5 | 49.8 | 86.7 | 446 | 188.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Colombia in 2022:
- Mexico (280.0 tons)
- Spain (24.0 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia
In 2022, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses from Colombia was estimated at 39 tons, flattening at the year before. Over the period under review, exports showed a precipitous slump. The smallest decline of 99.9% was in 2021.
In value terms, exports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $98K in 2022. Overall, exports saw a pronounced shrinkage. The smallest decline of 99.9% was in 2021.
| Export of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Costa Rica | N/A | N/A | 97.7 | 0% | |
| Ecuador | 102 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 102 | N/A | 97.7 | -2.1% | |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts from Colombia in 2022:
- Costa Rica (39.0 tons)
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