Colombia: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Colombia

The Colombian aldehydes cyclic polymers market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption, however, showed a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Aldehydes Cyclic Polymers Exports

Exports from Colombia

In 2022, overseas shipments of cyclic polymers of aldehydes decreased by -0.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 519%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, aldehydes cyclic polymers exports reduced modestly to $X in 2022. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 550% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for aldehydes cyclic polymers exports from Colombia, accounting for a 99% share of total exports. It was followed by Costa Rica (X kg), with a 0.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador amounted to +22.1%.

In value terms, Ecuador ($X) remains the key foreign market for cyclic polymers of aldehydes exports from Colombia, comprising 99% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador totaled +24.4%.

Export Prices by Country

In 2022, the average aldehydes cyclic polymers export price amounted to $X per ton, remaining constant against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aldehydes cyclic polymers export price decreased by -0.8% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Ecuador totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+5.1%).

Aldehydes Cyclic Polymers Imports

Imports into Colombia

In 2022, after three years of decline, there was significant growth in overseas purchases of cyclic polymers of aldehydes, when their volume increased by 132% to X tons. In general, imports, however, faced a abrupt decrease. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, aldehydes cyclic polymers imports surged to $X in 2022. Overall, imports, however, showed a abrupt descent. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Switzerland (X tons), China (X tons) and the United States (X kg) were the main suppliers of aldehydes cyclic polymers imports to Colombia, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +2.4%), while imports for the other leaders experienced a decline.

In value terms, Switzerland ($X) constituted the largest supplier of cyclic polymers of aldehydes to Colombia, comprising 64% of total imports. The second position in the ranking was held by China ($X), with a 32% share of total imports. It was followed by Brazil, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.1% per year) and Brazil (-12.7% per year).

Import Prices by Country

The average aldehydes cyclic polymers import price stood at $X per ton in 2022, with an increase of 44% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aldehydes cyclic polymers import price decreased by -24.5% against 2015 indices. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Switzerland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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