Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia (FOB) - 2022
- Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia (FOB) - 2022
In 2022, the average export price for acids; naphthenic acids, their water-insoluble salts and their esterses amounted to $3,945 per ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2016 an increase of 2.9%. Over the period under review, the average export prices reached the peak figure at $4,000 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +2.4% per year.
Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia
Exports of acids; naphthenic acids, their water-insoluble salts and their esterses from Colombia was estimated at 380 kg in 2022, approximately equating the year before. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of acids; naphthenic acids, their water-insoluble salts and their esterses dropped slightly to $1.5K in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year. As a result, the exports reached the peak of $1.5K, and then dropped slightly in the following year.
| Export of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 1.4 | 1.5 | 1.5 | 1.5 | 2.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 1.5 | 1.5 | 1.5 | 2.3% |
Top Export Markets for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters from Colombia in 2022:
- Venezuela (380.0 kg)
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