Salts; Molybdates Price in Colombia - 2022

Contents:

1. Salts; Molybdates Price in Colombia (CIF) - 2022
2. Salts; Molybdates Price in Colombia (FOB) - 2022
3. Salts; Molybdates Imports in Colombia
4. Salts; Molybdates Exports in Colombia

Salts; Molybdates Price in Colombia (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $13,002 per ton, falling by -6.9% against the previous year. Overall, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $19,351 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($13,565 per ton) and China ($13,064 per ton), while the price for Brazil ($11,896 per ton) and India ($12,220 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.6%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Price in Colombia (FOB) - 2022

The average salts; molybdates export price stood at $60,586 per ton in 2022, approximately mirroring the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 105%. As a result, the export price attained the peak level of $72,285 per ton. From 2020 to 2022, the average 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 Nicaragua ($249,700 per ton), while the average price for exports to Mexico ($35,706 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 Nicaragua (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Molybdates Imports in Colombia

In 2022, approx. 66 tons of salts; molybdateses were imported into Colombia; falling by -24.8% compared with 2021. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, imports attained the peak of 88 tons, and then reduced remarkably in the following year.

In value terms, salts; molybdates imports declined markedly to $862K in 2022. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. As a result, imports attained the peak of $1.2M, and then fell markedly in the following year.

Top Suppliers of Salts; Molybdates to Colombia in 2022:

1. India (41.8 tons)
2. United States (11.8 tons)
3. Brazil (7.6 tons)
4. China (4.6 tons)

Salts; Molybdates Exports in Colombia

Salts; molybdates exports from Colombia fell notably to 740 kg in 2022, shrinking by -40.6% on 2021 figures. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. As a result, the exports reached the peak of 1.2 tons, and then reduced sharply in the following year.

In value terms, salts; molybdates exports declined significantly to $45K in 2022. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 415% against the previous year. As a result, the exports attained the peak of $75K, and then dropped markedly in the following year.

Top Export Markets for Salts; Molybdates from Colombia in 2022:

1. Mexico (469.0 kg)
2. Chile (163.0 kg)
3. Ecuador (98.0 kg)
4. Nicaragua (10.0 kg)

Source: IndexBox Market Intelligence Platform