Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,448 per ton in 2022, surging by 3.4% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +57.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 India ($19,669 per ton), while the price for the United States ($2,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,975 per ton in 2022, reducing by -17.4% against the previous year. In general, the export price recorded a mild reduction. The pace of growth appeared the most rapid in 2013 an increase of 172% against the previous year. As a result, the export price attained the peak level of $9,155 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($3,851 per ton), while the average price for exports to Guatemala ($2,069 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 Free Zones (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia
Imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Colombia was estimated at 1.7K tons in 2022, growing by 7.5% against the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses rose rapidly to $5.8M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 790 | 531 | 1,399 | 1,794 | 31.4% |
| China | 748 | 745 | 1,016 | 1,400 | 23.2% |
| India | 147 | 51.0 | 49.2 | 830 | 78.1% |
| Germany | 496 | 315 | 359 | 623 | 7.9% |
| Spain | 100 | 65.2 | 204 | 374 | 55.2% |
| Belgium | 119 | 280 | 1,047 | 350 | 43.3% |
| Mexico | 151 | 116 | 132 | 180 | 6.0% |
| Japan | 258 | 158 | 261 | 42.4 | -45.2% |
| Netherlands | 1.2 | 1,039 | 522 | N/A | 1985.7% |
| Others | 92.9 | 89.9 | 263 | 247 | 38.5% |
| Total | 2,904 | 3,391 | 5,251 | 5,841 | 26.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Colombia in 2022:
- United States (756.4 tons)
- China (579.7 tons)
- Belgium (115.4 tons)
- Spain (75.2 tons)
- Germany (50.2 tons)
- India (42.2 tons)
- Mexico (28.8 tons)
- Japan (15.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia
In 2022, approx. 19 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were exported from Colombia; rising by 5.5% compared with the previous year. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 727%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses dropped to $56K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 725% against the previous year. As a result, the exports reached the peak of $65K, and then fell in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 7.5 | 6.6 | 54.1 | 41.0 | 76.2% |
| Guatemala | N/A | N/A | N/A | 12.2 | 0% |
| Venezuela | 0.2 | 1.1 | 4.0 | 1.9 | 111.8% |
| Mexico | 5.5 | N/A | N/A | 1.1 | -41.5% |
| Others | N/A | 0.2 | 6.5 | 0.1 | -29.3% |
| Total | 13.2 | 7.8 | 64.6 | 56.3 | 62.2% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Colombia in 2022:
- Ecuador (12.5 tons)
- Guatemala (5.9 tons)
- Venezuela (0.5 tons)
- Mexico (0.1 tons)
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