Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia - 2022
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (CIF) - 2022
In February 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $7,987 per ton, falling by -65.7% against the previous month. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 293% m-o-m. As a result, import price attained the peak level of $41,811 per ton. From September 2021 to February 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for Brazil amounted to 0.0% per month.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $10,626 per ton in 2022, picking up by 34% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices reached the maximum at $20,293 per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Mexico ($18,506 per ton), while the average price for exports to El Salvador ($7,508 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 El Salvador (+49.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia
In 2022, imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Colombia declined to 126 tons, which is down by -8.2% on 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 137 tons, and then reduced in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol contracted to $1.1M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $1.3M, and then declined in the following year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 365 | 423 | 430 | 310 | -5.3% |
| India | 177 | 219 | 122 | 252 | 12.5% |
| United States | 56.8 | 49.9 | 45.0 | 61.0 | 2.4% |
| Germany | 63.5 | 8.1 | 91.8 | 41.8 | -13.0% |
| Spain | 7.6 | 37.1 | 15.8 | 37.4 | 70.1% |
| Thailand | 40.3 | 22.9 | 26.3 | 17.9 | -23.7% |
| Czech Republic | 9.0 | 12.9 | 11.9 | 7.5 | -5.9% |
| Others | 150 | 242 | 538 | 421 | 41.1% |
| Total | 870 | 1,015 | 1,281 | 1,148 | 9.7% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Colombia in 2022:
- China (70.2 tons)
- India (25.9 tons)
- Spain (4.8 tons)
- United States (4.4 tons)
- Germany (3.9 tons)
- Thailand (3.2 tons)
- Czech Republic (2.5 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia
In 2022, exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Colombia skyrocketed to 940 kg, rising by 192% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 703% against the previous year. As a result, the exports reached the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol soared to $10K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 763%. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.4 | 10.3 | 1.3 | 4.3 | 45.4% |
| Mexico | 0.2 | 2.4 | 0.4 | 1.6 | 100.0% |
| United Kingdom | 0.1 | 2.2 | 0.3 | 1.4 | 141.0% |
| El Salvador | N/A | N/A | 0.2 | 1.0 | 400.0% |
| Brazil | 0.2 | 1.4 | 0.2 | 0.8 | 58.7% |
| Costa Rica | 0.1 | 1.0 | N/A | 0.4 | 58.7% |
| Others | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
| Total | 2.0 | 17.4 | 2.6 | 10.0 | 71.0% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Colombia in 2022:
- United States (473.0 kg)
- El Salvador (132.0 kg)
- United Kingdom (120.0 kg)
- Mexico (85.0 kg)
- Brazil (75.0 kg)
- Costa Rica (39.0 kg)
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This report provides an in-depth analysis of the aromatic alcohols market in Colombia.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Colombia.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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