Colombia: Alums Market 2025

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

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