Price for Hydrogen, Rare Gases and Other Non-Metals in Colombia - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Colombia (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Colombia (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Colombia
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Colombia
Price for Hydrogen, Rare Gases and Other Non-Metals in Colombia (CIF) - 2022
The average import price for hydrogen, rare gases and other non-metalses stood at $5.2 per cubic meter in 2022, increasing by 4% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2020 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $7.7 per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17 per cubic meter), while the price for Belgium ($2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydrogen, Rare Gases and Other Non-Metals in Colombia (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $0.5 per cubic meter, stabilizing at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29%. The export price peaked at $0.6 per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2 per cubic meter), while the average price for exports to Honduras ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Colombia
In 2022, imports of hydrogen, rare gases and other non-metalses into Colombia dropped to 1.7M cubic meters, waning by -6.9% compared with the previous year. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, imports reached the peak of 1.8M cubic meters, and then fell in the following year.
In value terms, imports of hydrogen, rare gases and other non-metalses fell slightly to $8.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 84%. As a result, imports attained the peak of $9.2M, and then fell slightly in the following year.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 2.2 | 3.1 | 3.6 | 8.7% |
| China | 1.0 | 0.6 | 2.1 | 2.1 | 28.1% |
| Belgium | 0.5 | 0.6 | 0.5 | 0.7 | 11.9% |
| Mexico | 0.1 | 0.1 | 1.2 | 0.3 | 44.2% |
| France | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.7 | 1.2 | 1.9 | 1.8 | 1.9% |
| Total | 6.3 | 5.0 | 9.2 | 8.9 | 12.2% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Colombia in 2022:
- China (943.6K cubic meters)
- Belgium (348.7K cubic meters)
- United States (209.2K cubic meters)
- Mexico (66.3K cubic meters)
- Hong Kong SAR (47.6K cubic meters)
- France (44.2K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Colombia
Exports of hydrogen, rare gases and other non-metalses from Colombia rose notably to 2.3M cubic meters in 2022, growing by 9.2% compared with the previous year. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of hydrogen, rare gases and other non-metalses expanded rapidly to $1.2M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 48.5 | 83.1 | 185 | 447 | 109.7% |
| Ecuador | 138 | 107 | 358 | 288 | 27.8% |
| United States | 67.2 | 85.5 | 58.4 | 283 | 61.5% |
| Peru | N/A | 22.9 | 44.2 | 53.6 | 53.0% |
| Chile | N/A | 25.4 | 72.8 | 33.1 | 14.2% |
| Panama | 19.5 | 48.5 | 51.0 | 31.1 | 16.8% |
| Curacao | 185 | 126 | 111 | 14.7 | -57.0% |
| Honduras | 106 | 92.4 | N/A | 7.9 | -57.9% |
| Dominican Republic | 7.1 | 59.2 | 119 | 7.5 | 1.8% |
| Aruba | N/A | 36.5 | 23.0 | N/A | -37.0% |
| El Salvador | 64.1 | 34.3 | 19.8 | N/A | -44.4% |
| Others | 43.7 | 61.3 | 21.4 | 4.8 | -52.1% |
| Total | 679 | 782 | 1,063 | 1,170 | 19.9% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Colombia in 2022:
- Venezuela (1249.4K cubic meters)
- Ecuador (438.3K cubic meters)
- Panama (159.5K cubic meters)
- United States (142.5K cubic meters)
- Peru (115.0K cubic meters)
- Honduras (44.3K cubic meters)
- Chile (42.5K cubic meters)
- Curacao (22.4K cubic meters)
- Dominican Republic (21.7K cubic meters)
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