Report Update Nov 1, 2024

Colombia - Alums - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Alums Market 2024

Alums Market Size in Colombia

The Colombian alums market shrank rapidly to $X in 2022, dropping by -38.1% against the previous year. Over the period under review, consumption recorded a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Alums Production in Colombia

In value terms, alums production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 6.5%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Alums Exports

Exports from Colombia

In 2022, approx. X tons of alums were exported from Colombia; surging by 5.2% compared with the year before. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 61%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, alums exports stood at $X in 2022. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.1% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 69%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for alums exports from Colombia, with a 66% share of total exports. Moreover, alums exports to Ecuador exceeded the volume sent to the second major destination, Costa Rica (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador stood at +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+11.3% per year) and Honduras (+2.1% per year).

In value terms, Ecuador ($X), Costa Rica ($X) and Honduras ($X) appeared to be the largest markets for alums exported from Colombia worldwide, together comprising 99.9% of total exports.

In terms of the main countries of destination, Costa Rica, with a CAGR of +10.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alums export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price saw a mild slump. The most prominent rate of growth was recorded in 2015 an increase of 13%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Ecuador ($X 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 Honduras (+1.6%), while the prices for the other major destinations experienced a decline.

Alums Imports

Imports into Colombia

After three years of growth, purchases abroad of alums decreased by -20.9% to X tons in 2022. Over the period under review, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 252% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, alums imports reduced remarkably to $X in 2022. In general, imports saw a perceptible decline. The pace of growth appeared the most rapid in 2016 when imports increased by 170%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons) and Mexico (X tons) were the main suppliers of alums imports to Colombia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +129.2%).

In value terms, the largest alums suppliers to Colombia were Mexico ($X) and India ($X).

India, with a CAGR of +48.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average alums import price stood at $X per ton in 2022, reducing by -3.9% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 88%. The import price peaked at $X per ton in 2019; however, from 2020 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 Mexico ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alums in the world?

The country with the largest volume of alums consumption was China, accounting for 45% of total volume. Moreover, alums consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, fivefold. The Philippines ranked third in terms of total consumption with a 5% share.

What are the largest producers of alums in the world?

The country with the largest volume of alums production was China, comprising approx. 59% of total volume. Moreover, alums production in China exceeded the figures recorded by the second-largest producer, Mexico, fivefold. India ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of alums to Colombia?

In value terms, India constituted the largest supplier of alums to Colombia, comprising 63% of total imports. The second position in the ranking was occupied by Mexico, with a 15% share of total imports.

What are the leading importers of alums from Colombia?

In value terms, Ecuador, Costa Rica and Honduras were the largest markets for alums exported from Colombia worldwide.

What is the average export price for alums in Colombia?

In 2021, the average alums export price amounted to $363 per ton, remaining stable against the previous year.

What is the average import price for alums in Colombia?

The average alums import price stood at $884 per ton in 2021, surging by 12% against the previous year.

This report provides an in-depth analysis of the alums 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 20134173 - Alums

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:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023