Report Update Nov 1, 2024

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

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Colombia: Degras Market 2024

Degras Market Size in Colombia

After two years of growth, the Colombian degras market decreased by -14.3% to $X in 2021. Over the period under review, consumption showed a mild shrinkage. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Degras Production in Colombia

In value terms, degras production contracted significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 56%. Degras production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Degras Exports

Exports from Colombia

In 2021, shipments abroad of degras decreased by -92% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2019 with an increase of 9,208%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, degras exports contracted remarkably to $X in 2021. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 8,247%. The exports peaked at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Japan totaled -29.1%.

In value terms, Japan ($X) emerged as the key foreign market for degras exports from Colombia.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to -15.5%.

Export Prices by Country

In 2021, the average degras export price amounted to $X per ton, surging by 59% against the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 89%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Panama amounted to +36.5% per year.

Degras Imports

Imports into Colombia

In 2021, overseas purchases of degras decreased by -6.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2018 with an increase of 46%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, degras imports expanded notably to $X in 2021. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2013 when imports increased by 6.9% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Venezuela (X tons) was the main degras supplier to Colombia, accounting for a 97% share of total imports. It was followed by the United States (X kg), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Venezuela amounted to -39.3%.

In value terms, the United States ($X) and Venezuela ($X) were the largest degras suppliers to Colombia.

The United States, with a CAGR of +5.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average degras import price amounted to $X per ton, growing by 14% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 231%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Venezuela amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for degras in the world?

China remains the largest degras consuming country worldwide, accounting for 15% of total volume. Moreover, degras consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of degras in the world?

China constituted the country with the largest volume of degras production, accounting for 15% of total volume. Moreover, degras production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.3% share.

What are the leading suppliers of degras to Colombia?

In value terms, Venezuela constituted the largest supplier of degras to Colombia.

What are the leading importers of degras from Colombia?

In value terms, Ecuador emerged as the key foreign market for degras exports from Colombia, comprising 89% of total exports. The second position in the ranking was occupied by Japan, with an 11% share of total exports.

What is the average export price for degras in Colombia?

The average degras export price stood at $709 per ton in 2020, jumping by 149% against the previous year.

What is the average import price for degras in Colombia?

In 2020, the average degras import price amounted to $50 per ton, waning by -88.4% against the previous year.

This report provides an in-depth analysis of the degras 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 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes

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:

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

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023