Colombia - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Waxes Price in Colombia - 2022
Contents:
- Vegetable Waxes Price in Colombia (CIF) - 2022
- Vegetable Waxes Price in Colombia (FOB) - 2022
- Vegetable Waxes Imports in Colombia
- Vegetable Waxes Exports in Colombia
Vegetable Waxes Price in Colombia (CIF) - 2022
The average vegetable waxes import price stood at $4,408 per ton in 2022, reducing by -12% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable waxes import price increased by +31.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. As a result, import price reached the peak level of $5,012 per ton, and then reduced in the following year.
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 ($13,395 per ton), while the price for Indonesia ($1,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Vegetable Waxes Price in Colombia (FOB) - 2022
The average vegetable waxes export price stood at $14,007 per ton in 2022, rising by 6.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $15,034 per ton in 2018; however, from 2019 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 Cuba.
From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +9.3% per year.
Vegetable Waxes Imports in Colombia
In 2022, imports of vegetable waxes into Colombia declined to 233 tons, shrinking by -4.7% against the previous year. Overall, imports saw a abrupt downturn. The smallest decline of -1% was in 2021.
In value terms, vegetable waxes imports shrank dramatically to $1M in 2022. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 48%.
Import of Vegetable Waxes in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 858 | 444 | 708 | 586 | -11.9% |
Indonesia | 174 | 153 | 175 | 145 | -5.9% |
United States | 64.9 | 72.8 | 162 | 134 | 27.3% |
Germany | 63.0 | 46.3 | 75.2 | 62.2 | -0.4% |
Mexico | 45.8 | 38.2 | 53.5 | 44.3 | -1.1% |
China | 2.1 | 5.1 | 12.3 | 10.2 | 69.4% |
Others | 72.7 | 68.9 | 37.0 | 43.7 | -15.6% |
Total | 1,280 | 828 | 1,222 | 1,025 | -7.1% |
Top Suppliers of Vegetable Waxes to Colombia in 2022:
- Indonesia (118.0 tons)
- Brazil (73.9 tons)
- United States (26.7 tons)
- Germany (4.6 tons)
- Mexico (4.2 tons)
- China (3.7 tons)
Vegetable Waxes Exports in Colombia
In 2022, overseas shipments of vegetable waxes were finally on the rise to reach 10 tons after two years of decline. In general, exports, however, saw a abrupt contraction.
In value terms, vegetable waxes exports skyrocketed to $145K in 2022. Overall, exports, however, recorded a dramatic curtailment.
Export of Vegetable Waxes in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | 2.5 | 90.8 | 14.9 | 144 | 286.2% |
Canada | 0.2 | 107 | N/A | N/A | 53400.0% |
United States | 295 | N/A | 77.3 | N/A | -48.8% |
Others | 5.5 | 0.6 | 0.7 | 1.8 | -31.1% |
Total | 303 | 198 | 92.8 | 145 | -21.8% |
Top Export Markets for Vegetable Waxes from Colombia in 2022:
- Cuba (10.4 tons)
This report provides an in-depth analysis of the vegetable waxes 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 10417100 - Vegetable waxes (including refined) (excluding triglycerides)
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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