Price for Poly(Lactic Acid); in Primary Forms in Colombia - 2022

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Colombia (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Colombia (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Colombia
  4. Exports of Poly(Lactic Acid); in Primary Forms in Colombia

Price for Poly(Lactic Acid); in Primary Forms in Colombia (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $2,033 per ton in 2022, with a decrease of -8.1% against the previous year. Overall, the import price showed a slight descent. The growth pace was the most rapid in 2021 when the average import price increased by 13%. The import price peaked at $2,460 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,269 per ton), while the price for the United States ($1,840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.

Price for Poly(Lactic Acid); in Primary Forms in Colombia (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $2,293 per ton in 2022, falling by -39.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $10,226 per ton in 2013; however, from 2014 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 Peru amounted to -11.4% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Colombia

Poly(lactic acid); in primary forms imports into Colombia skyrocketed to 122 tons in 2022, increasing by 48% compared with the previous year's figure. Over the period under review, imports, however, saw a mild curtailment.

In value terms, poly(lactic acid); in primary forms imports skyrocketed to $248K in 2022. Overall, imports, however, showed a noticeable shrinkage.

Import of Poly(Lactic Acid); in Primary Forms in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States94.139.465.596.30.8%
Thailand12821626.093.0-10.1%
China18.449.443.042.432.1%
Netherlands6.32.3N/A9.113.0%
Chile22.3N/AN/AN/A0%
Others2.15.547.66.747.2%
Total271313182248-2.9%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Colombia in 2022:

  1. United States (52.4 tons)
  2. Thailand (49.2 tons)
  3. China (15.5 tons)
  4. Netherlands (2.8 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Colombia

Poly(lactic acid); in primary forms exports from Colombia soared to 6.5 tons in 2022, jumping by 116% against the previous year's figure. In general, exports showed a pronounced increase.

In value terms, poly(lactic acid); in primary forms exports surged to $15K in 2022. Overall, exports, however, faced a abrupt decrease.

Export of Poly(Lactic Acid); in Primary Forms in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador3.33.911.415.065.7%
GermanyN/A3.9N/AN/A0%
ChinaN/A9.5N/AN/A0%
Canada22.2N/AN/AN/A0%
OthersN/A1.2N/AN/A0%
Total25.518.511.415.0-16.2%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Colombia in 2022:

  1. Ecuador (6.5 tons)

Source: IndexBox Market Intelligence Platform

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