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Report Colombia - Cumene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

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

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Colombia: Cumene Market 2025

Cumene Market Size in Colombia

The Colombian cumene market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a noticeable downturn. Cumene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cumene Production in Colombia

In value terms, cumene production shrank to $X in 2021 estimated in export price. Overall, production saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 1.7% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Cumene Exports

Exports from Colombia

In 2020, approx. X tons of cumene were exported from Colombia; jumping by 67% compared with 2019. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cumene exports surged to $X in 2020. Over the period under review, total exports indicated a significant expansion from 2019 to 2020: its value increased at an average annual rate of +53.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ecuador (X tons) was the main destination for cumene exports from Colombia, with a approx. 100% share of total exports.

From 2019 to 2020, the average annual rate of growth in terms of volume to Ecuador totaled +66.7%.

In value terms, Ecuador ($X) also remains the key foreign market for cumene exports from Colombia.

From 2019 to 2020, the average annual rate of growth in terms of value to Ecuador totaled +53.6%.

Export Prices by Country

The average cumene export price stood at $X per ton in 2020, reducing by -7.9% against the previous year. Over the period under review, the export price saw a deep reduction. Over the period under review, the average export prices hit record highs at $X per ton in 2019, and then fell in the following year.

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

From 2019 to 2020, the rate of growth in terms of prices for Ecuador amounted to -7.8% per year.

Cumene Imports

Imports into Colombia

In 2021, cumene imports into Colombia surged to X kg, picking up by 129% on the previous year. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 3,067%. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cumene imports stood at $X in 2021. Over the period under review, imports, however, faced a sharp decline. The most prominent rate of growth was recorded in 2017 with an increase of 786%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Ecuador (X kg) and the United States (X kg) were the main suppliers of cumene imports to Colombia. Moreover, cumene imports in Ecuador exceeded the figures recorded by the second-largest supplier, the United States, twofold.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of 0.0%).

In value terms, Ecuador ($X) and the United States ($X) constituted the largest cumene suppliers to Colombia.

Among the main suppliers, Ecuador, with a CAGR of 0.0%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average cumene import price stood at $X per ton in 2021, dropping by -56.9% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 122% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ecuador totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-15.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of cumene consumption in 2021 were Belgium, China and Japan, with a combined 73% share of global consumption. The United States, Singapore, Brazil and Germany lagged somewhat behind, together comprising a further 21%.
The countries with the highest volumes of cumene production in 2021 were the Netherlands, Japan and Singapore, together accounting for 78% of global production. The United States, Germany, Russia and Portugal lagged somewhat behind, together accounting for a further 19%.
In value terms, the largest cumene suppliers to Colombia were Ecuador and the United States.
In value terms, Ecuador remains the key foreign market for cumene exports from Colombia.
The average cumene export price stood at $1,046 per ton in 2020, dropping by -7.9% against the previous year.
The average cumene import price stood at $1,862 per ton in 2021, increasing by 4.2% against the previous year.

This report provides an in-depth analysis of the cumene 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 20141270 - Cumene

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:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    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: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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