Colombia: Market for Saturated Acyclic Monocarboxylic Acids 2025

Market Size for Saturated Acyclic Monocarboxylic Acids in Colombia

In 2022, the Colombian saturated acyclic monocarboxylic acids market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Production of Saturated Acyclic Monocarboxylic Acids in Colombia

In value terms, saturated acyclic monocarboxylic acids production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. Saturated acyclic monocarboxylic acids production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Colombia

For the third year in a row, Colombia recorded growth in overseas shipments of saturated acyclic monocarboxylic acids, which increased by X% to X tons in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, saturated acyclic monocarboxylic acids exports surged to $X in 2022. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Brazil (X tons), Mexico (X tons) and Ecuador (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from Colombia, with a combined X% share of total exports.

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

In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from Colombia were Brazil ($X), Mexico ($X) and Ecuador ($X), with a combined X% share of total exports. Peru, Argentina, Venezuela, Germany, the United States, Chile and Costa Rica lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Germany ($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 Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Colombia

In 2022, saturated acyclic monocarboxylic acids imports into Colombia reached X tons, remaining relatively unchanged against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, saturated acyclic monocarboxylic acids imports surged to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Colombia, accounting for a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Mexico (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

In value terms, the largest saturated acyclic monocarboxylic acids suppliers to Colombia were the United States ($X), China ($X) and Mexico ($X), together comprising X% of total imports. Germany, Brazil, Malaysia, South Korea and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, South Korea, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the Netherlands ($X per ton), while the price for the United States ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :