Price for Ketone-Phenols and Ketones with Other Oxygen Function in Colombia - 2022

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (CIF) - 2022
  2. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (FOB) - 2022
  3. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia
  4. Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (CIF) - 2022

In February 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $16,388 per ton, with a decrease of -31.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2022 when the average import price increased by 47% against the previous month. As a result, import price attained the peak level of $23,790 per ton, and then declined significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($205K per ton), while the price for Spain ($10,196 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 Mexico (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (FOB) - 2022

In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $27,946 per ton, growing by 4.8% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ketone-phenols and ketones with other oxygen functia increased by +63.9% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39,552 per ton), while the average price for exports to Mexico ($11,000 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 Peru (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia

Imports of ketone-phenols and ketones with other oxygen functia into Colombia totaled 150 tons in 2022, approximately reflecting the year before. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 8.3%.

In value terms, imports of ketone-phenols and ketones with other oxygen functia rose rapidly to $3M in 2022. Overall, imports, however, continue to indicate a abrupt setback.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,7302,0301,9862,035-9.3%
Mexico24.099.5285433162.3%
Germany431146161169-26.8%
Spain1.056.146.6118390.5%
Italy11610482.573.6-14.1%
South Korea41.917.034.855.910.1%
Switzerland0.123.30.454.0714.3%
Others21768.076.787.5-26.1%
Total3,5622,5442,6723,027-5.3%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Colombia in 2022:

  1. China (99.3 tons)
  2. Mexico (17.7 tons)
  3. Spain (10.2 tons)
  4. Germany (8.3 tons)
  5. South Korea (4.2 tons)
  6. Italy (3.9 tons)
  7. Switzerland (3.5 tons)

Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia

In 2022, overseas shipments of ketone-phenols and ketones with other oxygen functia decreased by -1.1% to 2.8 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 8.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ketone-phenols and ketones with other oxygen functia amounted to $78K in 2022. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $181K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Ketone-Phenols and Ketones with Other Oxygen Function in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru50.229.238.247.4-1.9%
Ecuador14.841.316.926.020.7%
United StatesN/AN/AN/A4.90%
MexicoN/A106N/AN/A0%
Brazil74.5N/A16.5N/A-52.9%
Others1.75.04.0N/A53.4%
Total14118175.678.4-17.8%

Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Colombia in 2022:

  1. Peru (1453.0 kg)
  2. Ecuador (1224.0 kg)
  3. United States (125.0 kg)
  4. Brazil (2.0 kg)
  5. Mexico (1.0 kg)

Source: IndexBox Market Intelligence Platform

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