Report Update Nov 1, 2024

Colombia - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Ammonium Sulphate Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium sulphate in the world?

The countries with the highest volumes of ammonium sulphate consumption in 2021 were Brazil, the United States and Indonesia, with a combined 32% share of global consumption. Russia, China, Vietnam, Turkey, India, Mexico, Canada, Belgium, the Philippines and Taiwan Chinese) lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of ammonium sulphate in the world?

China remains the largest ammonium sulphate producing country worldwide, accounting for 34% of total volume. Moreover, ammonium sulphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Belgium ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of ammonium sulphate to Colombia?

In value terms, China constituted the largest supplier of ammonium sulphate to Colombia, comprising 74% of total imports. The second position in the ranking was occupied by the United States, with a 26% share of total imports.

What are the leading importers of ammonium sulphate from Colombia?

In value terms, the Dominican Republic remains the key foreign market for ammonium sulphate exports from Colombia.

What is the average export price for ammonium sulphate in Colombia?

The average ammonium sulphate export price stood at $206 per ton in 2021, reducing by -12.2% against the previous year.

What is the average import price for ammonium sulphate in Colombia?

The average ammonium sulphate import price stood at $164 per ton in 2021, rising by 11% against the previous year.

This report provides an in-depth analysis of the ammonium sulphate 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:

FCL 4002 -

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

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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
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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