Colombia: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Colombia

The Colombian skin organic surface-active products market rose notably to $X in 2022, picking up by 6.2% against the previous year. The market value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organic Surface-Active Products For Washing The Skin in Colombia

In value terms, skin organic surface-active products production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Colombia

In 2022, approx. X tons of organic surface-active products for washing the skin were exported from Colombia; growing by 10% against 2021 figures. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, skin organic surface-active products exports fell slightly to $X in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 50%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Peru (X tons), Mexico (X tons) and Ecuador (X tons) were the main destinations of skin organic surface-active products exports from Colombia, with a combined 56% share of total exports. Panama, Costa Rica, the Dominican Republic and Chile lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +24.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for organic surface-active products for washing the skin exports from Colombia, comprising 36% of total exports. The second position in the ranking was taken by Peru ($X), with a 16% share of total exports. It was followed by Ecuador, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Mexico amounted to +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+3.0% per year) and Ecuador (-3.7% per year).

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, reducing by -10.1% against the previous year. In general, the export price showed a noticeable downturn. The growth pace was the most rapid in 2015 when the average export price increased by 18%. 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Colombia

In 2022, after seven years of growth, there was decline in overseas purchases of organic surface-active products for washing the skin, when their volume decreased by -3.2% to X tons. Over the period under review, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 53% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, skin organic surface-active products imports shrank slightly to $X in 2022. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 43% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest skin organic surface-active products supplier to Colombia, accounting for a 40% share of total imports. Moreover, skin organic surface-active products imports from Spain exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Mexico (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+191.4% per year) and Mexico (+26.3% per year).

In value terms, Spain ($X), Brazil ($X) and the United States ($X) constituted the largest skin organic surface-active products suppliers to Colombia, with a combined 49% share of total imports. Mexico, Poland, the Netherlands and China lagged somewhat behind, together accounting for a further 26%.

Poland, with a CAGR of +134.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average skin organic surface-active products import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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