Colombia: Market for None 2020

Exports of None

Exports from Colombia

Exports of cyanides, cyanide oxides and complex cyanideses from Colombia totaled X tons in 2018, shrinking by -X% against the previous year. In general, exports of cyanides, cyanide oxides and complex cyanideses continue to indicate a significant shrinkage. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, exports of cyanides, cyanide oxides and complex cyanideses reached their maximum at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses stood at $X in 2018. Overall, exports of cyanides, cyanide oxides and complex cyanideses continue to indicate an abrupt setback. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

The Dominican Republic (X kg) was the main destination for exports of cyanides, cyanide oxides and complex cyanideses from Colombia, accounting for a X% share of total exports. Moreover, exports of cyanides, cyanide oxides and complex cyanideses to the Dominican Republic exceeded the volume sent to the second major destination, Venezuela (X kg), threefold. The third position in this ranking was occupied by Peru (X kg), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Dominican Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (-X% per year) and Peru (+X% per year).

In value terms, the largest markets for cyanides, cyanide oxides and complex cyanides exported from Colombia were the Dominican Republic ($X), Peru ($X) and Venezuela ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Peru recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for cyanides, cyanide oxides and complex cyanideses stood at $X per ton in 2018, coming down by -X% against the previous year. In general, the export price for cyanides, cyanide oxides and complex cyanideses continues to indicate a noticeable drop. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Peru ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica, while the prices for the other major destinations experienced mixed trend patterns.

Imports of None

Imports into Colombia

In 2018, approx. X tons of cyanides, cyanide oxides and complex cyanideses were imported into Colombia; standing approx. at the previous year. Over the period under review, the total imports indicated a tangible increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, imports of cyanides, cyanide oxides and complex cyanideses decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, imports of cyanides, cyanide oxides and complex cyanideses reached their peak of X tons. From 2013 to 2018, the growth of imports of cyanides, cyanide oxides and complex cyanideses failed to regain its momentum.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses amounted to $X in 2018. Over the period under review, imports of cyanides, cyanide oxides and complex cyanideses continue to indicate strong growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. In that year, imports of cyanides, cyanide oxides and complex cyanideses reached their peak of $X. From 2013 to 2018, the growth of imports of cyanides, cyanide oxides and complex cyanideses remained at a lower figure.

Imports by Country

In 2018, South Korea (X tons) constituted the largest cyanides, cyanide oxides and complex cyanides supplier to Colombia, with a X% share of total imports. Moreover, imports of cyanides, cyanide oxides and complex cyanideses from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was occupied by Georgia (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from South Korea totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Georgia (+X% per year).

In value terms, South Korea ($X) constituted the largest supplier of cyanides, cyanide oxides and complex cyanides to Colombia, comprising X% of total imports of cyanides, cyanide oxides and complex cyanideses. The second position in the ranking was occupied by Georgia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from South Korea stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (+X% per year) and China (+X% per year).

Import Prices by Country

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $X per ton in 2018, rising by X% against the previous year. In general, the import price for cyanides, cyanide oxides and complex cyanideses continues to indicate slight growth. The growth pace was the most rapid in 2012 an increase of X% against the previous year. In that year, the average import prices for cyanides, cyanide oxides and complex cyanideses attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average import prices for cyanides, cyanide oxides and complex cyanideses remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Georgia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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