Price for Dyes; Pigments and Preparations Based Thereon in Colombia - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Colombia (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Colombia (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Colombia
- Exports of Dyes; Pigments and Preparations Based Thereon in Colombia
Price for Dyes; Pigments and Preparations Based Thereon in Colombia (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $10,291 per ton in February 2022, shrinking by -7.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in June 2021 when the average import price increased by 32% month-to-month. Over the period under review, average import prices hit record highs at $11,471 per ton in November 2021; however, from December 2021 to February 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($35,288 per ton), while the price for Brazil ($7,846 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 Turkey (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Colombia (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $9,700 per ton in February 2022, rising by 58% against the previous month. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $11,800 per ton in November 2021; however, from December 2021 to February 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In February 2022, the country with the highest price was Venezuela ($15,749 per ton), while the average price for exports to Peru ($7,085 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 Costa Rica (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Colombia
In 2022, imports of dyes; pigments and preparations based therea into Colombia stood at 3.6K tons, standing approx. at the previous year's figure. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of dyes; pigments and preparations based therea rose markedly to $38M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Dyes; Pigments and Preparations Based Thereon in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.7 | 8.1 | 10.8 | 11.2 | 13.3% |
| China | 8.6 | 7.0 | 9.7 | 11.2 | 9.2% |
| Germany | 2.4 | 1.7 | 2.7 | 2.7 | 4.0% |
| United States | 1.6 | 1.3 | 1.8 | 2.5 | 16.0% |
| Mexico | 2.7 | 2.3 | 3.3 | 2.3 | -5.2% |
| South Korea | 1.4 | 1.0 | 1.4 | 1.5 | 2.3% |
| Brazil | 1.1 | 0.7 | 1.1 | 1.2 | 2.9% |
| Belgium | 1.3 | 0.6 | 1.1 | 1.1 | -5.4% |
| Indonesia | 0.3 | 0.5 | 0.9 | 1.0 | 49.4% |
| Turkey | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 2.4 | 2.2 | 2.3 | 2.7 | 4.0% |
| Total | 29.4 | 25.4 | 35.1 | 37.5 | 8.4% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Colombia in 2022:
- China (1533.1 tons)
- India (1007.5 tons)
- United States (184.3 tons)
- Germany (152.3 tons)
- Indonesia (120.5 tons)
- Brazil (106.3 tons)
- South Korea (106.3 tons)
- Mexico (71.3 tons)
- Belgium (62.1 tons)
- Turkey (60.4 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Colombia
In 2022, the amount of dyes; pigments and preparations based therea exported from Colombia reduced to 588 tons, with a decrease of -2.1% against the previous year. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 0.5% against the previous year.
In value terms, exports of dyes; pigments and preparations based therea declined slightly to $5.6M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6%. As a result, the exports attained the peak of $5.6M, leveling off in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1,802 | 1,929 | 2,143 | 2,101 | 5.3% |
| Honduras | 563 | 590 | 653 | 709 | 8.0% |
| Costa Rica | 947 | 634 | 594 | 708 | -9.2% |
| Panama | 669 | 537 | 592 | 417 | -14.6% |
| Peru | 300 | 434 | 275 | 398 | 9.9% |
| Venezuela | 38.5 | 104 | 330 | 328 | 104.2% |
| Free Zones | 228 | 191 | 110 | 148 | -13.4% |
| El Salvador | 234 | 130 | 218 | 124 | -19.1% |
| Others | 595 | 595 | 670 | 651 | 3.0% |
| Total | 5,377 | 5,143 | 5,585 | 5,585 | 1.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Colombia in 2022:
- Ecuador (194.0 tons)
- Honduras (83.7 tons)
- Costa Rica (72.5 tons)
- Panama (54.6 tons)
- Peru (44.0 tons)
- Venezuela (28.4 tons)
- Free Zones (24.2 tons)
- El Salvador (12.2 tons)
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