Colombia: Aluminium Hydroxide Market 2025

Aluminium Hydroxide Market Size in Colombia

The Colombian aluminium hydroxide market declined slightly to $X in 2022, falling by -2.7% against the previous year. In general, consumption saw a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Aluminium Hydroxide Production in Colombia

In value terms, aluminium hydroxide production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 11% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Hydroxide Exports

Exports from Colombia

In 2022, approx. X tons of aluminium hydroxide were exported from Colombia; which is down by -74.3% against the year before. Over the period under review, exports, however, saw notable growth. The pace of growth was the most pronounced in 2021 with an increase of 1,113%. As a result, the exports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, aluminium hydroxide exports contracted sharply to $X in 2022. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 197% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Peru (X tons) was the main destination for aluminium hydroxide exports from Colombia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Peru totaled +27.7%.

In value terms, Peru ($X) also remains the key foreign market for aluminium hydroxide exports from Colombia.

From 2012 to 2022, the average annual growth rate of value to Peru totaled +17.3%.

Export Prices by Country

The average aluminium hydroxide export price stood at $X per ton in 2022, picking up by 160% against the previous year. In general, the export price enjoyed a slight expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 472%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +39.6% per year.

Aluminium Hydroxide Imports

Imports into Colombia

In 2022, after three years of growth, there was decline in overseas purchases of aluminium hydroxide, when their volume decreased by -4.8% to X tons. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by 866%. Imports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, aluminium hydroxide imports contracted to $X in 2022. Overall, imports, however, enjoyed a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of 677% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Romania (X tons), Brazil (X tons) and Turkey (X tons) were the main suppliers of aluminium hydroxide imports to Colombia, together accounting for 93% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +103.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Romania ($X) and Turkey ($X) constituted the largest aluminium hydroxide suppliers to Colombia, together comprising 89% of total imports.

Among the main suppliers, Romania, with a CAGR of +97.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium hydroxide import price amounted to $X per ton, reducing by -3.7% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 7.3% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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