Colombia: Ammonium Sulphate Market 2025

Ammonium Sulphate Market Size in Colombia

The Colombian ammonium sulphate market fell to $X in 2022, standing approx. at the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +28.9% against 2017 indices. Ammonium sulphate consumption peaked at $X in 2021, and then shrank slightly in the following year.

Ammonium Sulphate Production in Colombia

In value terms, ammonium sulphate production stood at $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 85% against the previous year. Ammonium sulphate production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Ammonium Sulphate Exports

Exports from Colombia

In 2022, approx. X tons of ammonium sulphate were exported from Colombia; waning by -34.7% on the previous year's figure. Overall, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 227%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ammonium sulphate exports declined rapidly to $X in 2022. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 290%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X tons) was the main destination for ammonium sulphate exports from Colombia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Dominican Republic amounted to -18.2%.

In value terms, the Dominican Republic ($X) also remains the key foreign market for ammonium sulphate exports from Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value to the Dominican Republic stood at -20.0%.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, reducing by -3.8% against the previous year. Over the period under review, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -0.7% per year.

Ammonium Sulphate Imports

Imports into Colombia

In 2022, approx. X tons of ammonium sulphate were imported into Colombia; rising by 1.9% compared with 2021 figures. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by 75%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, ammonium sulphate imports shrank slightly to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.9% against 2017 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 54%. Imports peaked at $X in 2021, and then shrank slightly in the following year.

Imports by Country

China (X tons) and the United States (X tons) were the main suppliers of ammonium sulphate imports to Colombia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +60.6%).

In value terms, China ($X) constituted the largest supplier of ammonium sulphate to Colombia, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +51.4%.

Import Prices by Country

The average ammonium sulphate import price stood at $X per ton in 2022, shrinking by -3.8% against the previous year. Overall, the import price recorded a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.7%).

Source: IndexBox Platform

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