Colombia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Colombia

The Colombian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof reduced to $X in 2022, falling by -13.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Colombia

After three years of growth, overseas shipments of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -38.6% to X tons in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 386%. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof declined rapidly to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 766%. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

Venezuela (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Colombia, accounting for a 92% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Venezuela exceeded the volume sent to the second major destination, Argentina (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Venezuela totaled +274.1%.

In value terms, Venezuela ($X) remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Colombia, comprising 95% of total exports. The second position in the ranking was taken by Argentina ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Venezuela stood at +221.8%.

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, declining by -9.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 97% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Colombia

Imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof into Colombia fell rapidly to X tons in 2022, with a decrease of -16.9% compared with the year before. Over the period under review, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof contracted to $X in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Colombia, with a combined 86% share of total imports. The Czech Republic, Belgium, Canada and South Korea lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Colombia, comprising 45% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Germany (-10.5% per year).

Import Prices by Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, increasing by 3.5% against the previous year. Overall, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 6.1% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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