Report Update Jan 1, 2025

Colombia - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Lactam Market 2025

Lactam Market Size in Colombia

In 2021, after two years of decline, there was significant growth in the Colombian lactam market, when its value increased by 46% to $X. Overall, consumption, however, recorded a mild reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Lactam Production in Colombia

In value terms, lactam production contracted to $X in 2021 estimated in export price. Overall, production saw a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 25% 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.

Lactam Exports

Exports from Colombia

For the ninth consecutive year, Colombia recorded decline in shipments abroad of lactams from heterocyclic compounds, which decreased by -8.1% to X tons in 2021. In general, exports faced a abrupt descent. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, lactam exports reached $X in 2021. Overall, exports continue to indicate a deep reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for lactam exports from Colombia, with a 61% share of total exports. Moreover, lactam exports to China exceeded the volume sent to the second major destination, Brazil (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to China totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-22.1% per year) and Taiwan (Chinese) (-17.3% per year).

In value terms, the largest markets for lactam exported from Colombia were China ($X), Brazil ($X) and Taiwan (Chinese) ($X), with a combined 99% share of total exports.

China, with a CAGR of -2.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average lactam export price stood at $X per ton in 2021, growing by 9.1% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Lactam Imports

Imports into Colombia

In 2021, after two years of decline, there was significant growth in purchases abroad of lactams from heterocyclic compounds, when their volume increased by 27% to X tons. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 379%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, lactam imports soared to $X in 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 218%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), the United States (X tons) and Mexico (X tons) were the main suppliers of lactam imports to Colombia, with a combined 50% share of total imports. These countries were followed by Belgium and Italy, which together accounted for a further 8.9%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +130.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Mexico ($X) appeared to be the largest lactam suppliers to Colombia, with a combined 46% share of total imports. These countries were followed by Belgium and Italy, which together accounted for a further 8.1%.

In terms of the main suppliers, Italy, with a CAGR of +113.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lactam import price stood at $X per ton in 2021, jumping by 49% against the previous year. Overall, the import price, however, showed a abrupt decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Mexico ($X per ton), while the price for Belgium ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactams from heterocyclic compounds in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 40% share of global consumption. These countries were followed by India, Italy, Japan, Russia, Belarus, Spain, Brazil, Switzerland, Mexico and Poland, which together accounted for a further 39%.

What are the largest producers of lactams from heterocyclic compounds in the world?

The countries with the highest volumes of in 2021 were Russia, the United States and Ireland, with a combined 33% share of global production. These countries were followed by Belgium, Japan, China, Germany, India, the Netherlands, Belarus, Mexico, Spain and Brazil, which together accounted for a further 50%.

What are the leading suppliers of lactams from heterocyclic compounds to Colombia?

In value terms, Spain, the United States and Mexico constituted the largest lactam suppliers to Colombia, with a combined 66% share of total imports. Belgium and Brazil lagged somewhat behind, together comprising a further 22%.

What are the leading importers of lactams from heterocyclic compounds from Colombia?

In value terms, China remains the key foreign market for lactam exports from Colombia, comprising 58% of total exports. The second position in the ranking was occupied by Brazil, with a 22% share of total exports.

What is the average export price for lactams from heterocyclic compounds in Colombia?

In 2021, the average lactam export price amounted to $2,391 per ton, leveling off at the previous year.

What is the average import price for lactams from heterocyclic compounds in Colombia?

The average lactam import price stood at $1,600 per ton in 2021, increasing by 14% against the previous year.

This report provides an in-depth analysis of the lactam 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 20145280 -

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 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 Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
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 Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
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 Of Destination, 2012–2024