Colombia: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Colombia

After two years of decline, the Colombian market for anionic surface-active agents (excluding soap) increased by 16% to $X in 2021. In general, consumption, however, recorded a noticeable reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Anionic Surface-Active Agents (Excluding Soap) in Colombia

In value terms, anionic surface-active agents (excl. soap) production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible downturn. Anionic surface-active agents (excl. soap) production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports from Colombia

Anionic surface-active agents (excl. soap) exports from Colombia dropped dramatically to X tons in 2021, shrinking by -31.1% compared with the previous year's figure. Overall, exports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2018 with an increase of 91% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, anionic surface-active agents (excl. soap) exports declined to $X in 2021. Over the period under review, exports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of 93% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons) was the main destination for anionic surface-active agents (excl. soap) exports from Colombia, with a 44% share of total exports. Moreover, anionic surface-active agents (excl. soap) exports to Venezuela exceeded the volume sent to the second major destination, Ecuador (X tons), twofold. The third position in this ranking was taken by Brazil (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Venezuela amounted to +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-7.5% per year) and Brazil (-2.7% per year).

In value terms, Venezuela ($X) remains the key foreign market for anionic surface-active agents (excluding soap) exports from Colombia, comprising 48% of total exports. The second position in the ranking was held by Ecuador ($X), with a 22% share of total exports. It was followed by Brazil, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Venezuela totaled +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-9.2% per year) and Brazil (-9.1% per year).

Export Prices by Country

The average export price for anionic surface-active agents (excluding soap) stood at $X per ton in 2021, picking up by 28% against the previous year. Overall, the export price, however, showed a noticeable reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports into Colombia

In 2021, supplies from abroad of anionic surface-active agents (excluding soap) decreased by -2.6% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 109%. As a result, imports reached the peak of X tons, and then declined slightly in the following year.

In value terms, anionic surface-active agents (excl. soap) imports skyrocketed to $X in 2021. Overall, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +126.6% against 2017 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

South Korea (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of anionic surface-active agents (excl. soap) imports to Colombia, with a combined 54% share of total imports. India, China, the United States, Malaysia, Italy, Mexico and Brazil lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +136.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Spain ($X) and India ($X) constituted the largest anionic surface-active agents (excl. soap) suppliers to Colombia, with a combined 49% share of total imports. The United States, Germany, China, Italy, Malaysia, Brazil and Mexico lagged somewhat behind, together comprising a further 42%.

Malaysia, with a CAGR of +121.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for anionic surface-active agents (excluding soap) amounted to $X per ton, picking up by 30% against the previous year. In general, the import price, however, saw a noticeable descent. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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