Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia (CIF) - 2022

In February 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $14,730 per ton, picking up by 59% against the previous month. In general, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in July 2021 an increase of 262% against the previous month. As a result, import price reached the peak level of $53,341 per ton. From August 2021 to February 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Norway ($40,126 per ton), while the price for Belgium ($6,464 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 China (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $14,842 per ton in 2022, jumping by 24% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 polymers, natural; alginic acid, its salts and esters, in primary formses increased by +92.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 40% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($17,330 per ton), while the average price for exports to Canada ($6,948 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 Ecuador (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses imported into Colombia surged to 113 tons, rising by 59% against the previous year. Over the period under review, imports recorded slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $1.7M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Colombia in 2022:

1. China (50.7 tons)
2. United States (12.3 tons)
3. Spain (10.1 tons)
4. Germany (10.0 tons)
5. Norway (9.0 tons)
6. Egypt (7.0 tons)
7. India (6.0 tons)
8. France (4.0 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Colombia

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Colombia surged to 2.9 tons in 2022, rising by 22% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 65%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $43K in 2022. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Colombia in 2022:

1. Peru (2000.0 kg)
2. Nicaragua (657.0 kg)
3. Trinidad and Tobago (114.0 kg)
4. Costa Rica (66.0 kg)
5. Canada (58.0 kg)

Source: IndexBox Market Intelligence Platform