Colombia - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol (Excluding D-Glucitol) Price in Colombia - 2024
Contents:
- Sorbitol (Excluding D-Glucitol) Price in Colombia (CIF) - 2022
- Sorbitol (Excluding D-Glucitol) Price in Colombia (FOB) - 2022
- Sorbitol (Excluding D-Glucitol) Imports in Colombia
- Sorbitol (Excluding D-Glucitol) Exports in Colombia
Sorbitol (Excluding D-Glucitol) Price in Colombia (CIF) - 2022
In 2022, the average sorbitol (excluding d-glucitol) import price amounted to $785 per ton, increasing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($2,379 per ton), while the price for France ($1,130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+80.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sorbitol (Excluding D-Glucitol) Price in Colombia (FOB) - 2022
The average sorbitol (excluding d-glucitol) export price stood at $918 per ton in 2022, jumping by 18% against the previous year. In general, the export price, however, continues to indicate a slight setback. Over the period under review, the average export prices reached the peak figure at $1,117 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($943 per ton), while the average price for exports to Ecuador totaled $874 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sorbitol (Excluding D-Glucitol) Imports in Colombia
In 2022, sorbitol (excluding d-glucitol) imports into Colombia skyrocketed to 965 tons, increasing by 39% against the previous year's figure. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 276%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sorbitol (excluding d-glucitol) imports soared to $758K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 248% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Sorbitol (Excluding D-Glucitol) in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | 61.9 | 145 | 134.2% |
China | 119 | 90.0 | 47.2 | 140 | 5.6% |
Turkey | N/A | N/A | 205 | 5.8 | -97.2% |
Indonesia | 2.0 | 22.5 | 96.5 | N/A | 594.6% |
Others | 1.4 | 11.4 | 20.9 | 466 | 593.0% |
Total | 123 | 124 | 431 | 758 | 83.3% |
Top Suppliers of Sorbitol (Excluding D-Glucitol) to Colombia in 2022:
- France (128.7 tons)
- China (115.9 tons)
- Turkey (4.8 tons)
Sorbitol (Excluding D-Glucitol) Exports in Colombia
In 2022, overseas shipments of sorbitol (excluding d-glucitol) decreased by -68.3% to 314 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sorbitol (excluding d-glucitol) exports plummeted to $288K in 2022. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 96%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Sorbitol (Excluding D-Glucitol) in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 156 | 455 | 336 | 183 | 5.5% |
Ecuador | 367 | 526 | 355 | 104 | -34.3% |
Venezuela | 186 | 410 | 77.2 | N/A | -35.6% |
Others | N/A | N/A | 1.1 | 0.4 | -63.6% |
Total | 709 | 1,392 | 769 | 288 | -25.9% |
Top Export Markets for Sorbitol (Excluding D-Glucitol) from Colombia in 2022:
- Peru (194.4 tons)
- Ecuador (119.1 tons)
This report provides an in-depth analysis of the sorbitol market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595770 - Sorbitol (excluding D-glucitol)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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