Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia - 2022

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (CIF) - 2022
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (FOB) - 2022
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (CIF) - 2022

In February 2022, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,140 per ton, picking up by 15% against the previous month. Over the period under review, the import price recorded a measured expansion. The growth pace was the most rapid in May 2021 when the average import price increased by 67% against the previous month. Over the period under review, average import prices hit record highs at $1,594 per ton in December 2021; however, from January 2022 to February 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was India ($2,528 per ton), while the price for Trinidad and Tobago ($508 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (FOB) - 2022

In February 2022, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,408 per ton, with a decrease of -48.2% against the previous month. In general, the export price, however, posted a modest expansion. The most prominent rate of growth was recorded in September 2021 when the average export price increased by 273% against the previous month. The export price peaked at $2,716 per ton in January 2022, and then dropped rapidly in the following month.

There were significant differences in the average prices for the major export markets. In February 2022, the country with the highest price was Peru ($2,734 per ton), while the average price for exports to Ecuador ($1,030 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 El Salvador (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia

In 2022, purchases abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses was finally on the rise to reach 188K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $199M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.841.176.910530.0%
Trinidad and Tobago29.821.623.927.6-2.5%
China8.45.611.118.028.9%
Venezuela1.6N/A3.710.788.4%
Germany6.65.76.37.12.5%
Brazil2.73.02.86.735.4%
Argentina0.10.60.62.5192.4%
Others13.89.814.422.016.8%
Total11187.414019921.5%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Colombia in 2022:

  1. United States (88.7K tons)
  2. Trinidad and Tobago (54.0K tons)
  3. Venezuela (22.0K tons)
  4. China (7.2K tons)
  5. Argentina (3.3K tons)
  6. Brazil (2.9K tons)
  7. Germany (1.7K tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia

In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from Colombia reached 9.6K tons, surging by 2.1% compared with the previous year. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $11M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 180%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador1.71.01.53.020.8%
Peru0.90.92.32.846.0%
Mexico0.40.53.32.173.8%
Venezuela0.10.30.31.6152.0%
El Salvador0.10.10.30.681.7%
PanamaN/AN/A0.10.2100.0%
Others0.40.30.80.826.0%
Total3.63.18.711.045.1%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Colombia in 2022:

  1. Mexico (3.7K tons)
  2. Peru (2.6K tons)
  3. Ecuador (1.9K tons)
  4. Venezuela (0.7K tons)
  5. El Salvador (0.2K tons)
  6. Panama (0.2K tons)

Source: IndexBox Market Intelligence Platform

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