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Colombia - Phosphate Rock - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Phosphate Rock Market 2022

Phosphate Rock Market Size in Colombia

For the third consecutive year, the Colombian phosphate rock market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Phosphate Rock Production in Colombia

In value terms, phosphate rock production rose rapidly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate temperate growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Phosphate Rock Exports

Exports from Colombia

For the third year in a row, Colombia recorded decline in shipments abroad of phosphate rock, which decreased by -X% to X tons in 2020. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at X tons in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, phosphate rock exports fell to $X in 2020. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X tons), Turkey (X tons) and Belgium (X tons) were the main destinations of phosphate rock exports from Colombia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Costa Rica (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for phosphate rock exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+X% per year) and Belgium (X% per year).

Export Prices by Country

In 2020, the average phosphate rock export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a mild reduction. Over the period under review, average export prices reached the maximum at $X per ton in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Turkey ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2007 to 2020, 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 more modest paces of growth.

Phosphate Rock Imports

Imports into Colombia

In 2020, supplies from abroad of phosphate rock increased by X% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, phosphate rock imports skyrocketed to $X in 2020. In general, imports, however, showed a modest increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Morocco (X tons), South Africa (X tons) and Mauritania (X tons) were the main suppliers of phosphate rock imports to Colombia, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mauritania, while imports for the other leaders experienced a decline.

In value terms, Morocco ($X), South Africa ($X) and Mauritania ($X) appeared to be the largest phosphate rock suppliers to Colombia, together accounting for X% of total imports.

Mauritania saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average phosphate rock import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price showed a buoyant increase. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was South Africa ($X per ton), while the price for Mauritania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Africa, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the phosphate rock 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 2025.

Product coverage:

Prodcom 08911100 - Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk

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