Price for Asbestos, Crocidolite (Blue Asbestos) in Colombia - 2022

Contents:

1. Price for Asbestos, Crocidolite (Blue Asbestos) in Colombia (FOB) - 2022
2. Price for Asbestos, Crocidolite (Blue Asbestos) in Colombia (CIF) - 2022
3. Exports of Asbestos, Crocidolite (Blue Asbestos) in Colombia
4. Imports of Asbestos, Crocidolite (Blue Asbestos) in Colombia

Price for Asbestos, Crocidolite (Blue Asbestos) in Colombia (FOB) - 2022

The average asbestos, crocidolite (blue asbestos) export price stood at $637 per ton in 2022, shrinking by -4.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2019 an increase of 3.4%. The export price peaked at $1,017 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -4.6% per year.

Price for Asbestos, Crocidolite (Blue Asbestos) in Colombia (CIF) - 2022

In 2022, the average asbestos, crocidolite (blue asbestos) import price amounted to $934 per ton, picking up by 3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 9.7%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,044 per ton), while the price for Brazil totaled $755 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.3%).

Exports of Asbestos, Crocidolite (Blue Asbestos) in Colombia

For the fourth consecutive year, Colombia recorded growth in overseas shipments of asbestos, crocidolite (blue asbestos)s, which increased by 13% to 678 tons in 2022. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, asbestos, crocidolite (blue asbestos) exports expanded notably to $432K in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Asbestos, Crocidolite (Blue Asbestos) from Colombia in 2022:

1. Ecuador (677.6 tons)

Imports of Asbestos, Crocidolite (Blue Asbestos) in Colombia

For the third year in a row, Colombia recorded decline in supplies from abroad of asbestos, crocidolite (blue asbestos)s, which decreased by -7.8% to 31 tons in 2022. Overall, imports showed a deep reduction.

In value terms, asbestos, crocidolite (blue asbestos) imports reduced slightly to $29K in 2022. In general, imports continue to indicate a noticeable downturn. The smallest decline of -4.5% was in 2021.

Top Suppliers of Asbestos, Crocidolite (Blue Asbestos) to Colombia in 2022:

1. Brazil (29.7 tons)
2. United States (1.7 tons)

Source: IndexBox Market Intelligence Platform