Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,669 per ton in February 2022, rising by 7.1% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 14% against the previous month. Over the period under review, average import prices hit record highs at $3,734 per ton in August 2021; afterwards, it flattened through to February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($9,879 per ton), while the price for Chile ($332 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (FOB) - 2022
In February 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,570 per ton, growing by 13% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($12,465 per ton), while the average price for exports to Bolivia ($1,788 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Colombia fell to 12K tons, remaining constant against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 8.2% against the previous year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $45M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 11.1 | 8.6 | 8.9 | 11.8 | 2.1% |
| United States | 13.7 | 12.6 | 12.1 | 11.3 | -6.2% |
| Brazil | 4.3 | 2.6 | 4.4 | 7.1 | 18.2% |
| China | 1.5 | 1.6 | 3.7 | 4.0 | 38.7% |
| Germany | 3.0 | 2.7 | 2.6 | 3.3 | 3.2% |
| Italy | 1.2 | 0.9 | 1.0 | 0.9 | -9.1% |
| Taiwan (Chinese) | 0.7 | 0.3 | 0.5 | 0.8 | 4.6% |
| Chile | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Others | 2.9 | 3.1 | 4.4 | 5.7 | 25.3% |
| Total | 38.7 | 32.7 | 38.0 | 45.3 | 5.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Colombia in 2022:
- Mexico (3.3K tons)
- United States (2.3K tons)
- Brazil (1.9K tons)
- China (1.2K tons)
- Germany (0.7K tons)
- Chile (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- Italy (0.2K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia
After three years of growth, overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -0.2% to 8.8K tons in 2022. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 19%.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $33M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.4 | 12.0 | 15.0 | 16.1 | 24.2% |
| United States | 3.7 | 2.4 | 0.8 | 3.8 | 0.9% |
| Mexico | 0.8 | 1.4 | 3.4 | 3.2 | 58.7% |
| Ecuador | 3.2 | 2.0 | 1.9 | 2.4 | -9.1% |
| Chile | 0.7 | 1.6 | 1.7 | 2.1 | 44.2% |
| Venezuela | 0.5 | 0.5 | 1.0 | 2.0 | 58.7% |
| Peru | 0.6 | 0.5 | 0.3 | 0.9 | 14.5% |
| Argentina | 1.3 | 1.3 | 0.5 | N/A | -38.0% |
| Others | 1.9 | 1.2 | 1.9 | 2.4 | 8.1% |
| Total | 21.3 | 23.1 | 26.5 | 32.8 | 15.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Colombia in 2022:
- Brazil (4.2K tons)
- United States (1.1K tons)
- Mexico (1.0K tons)
- Chile (0.6K tons)
- Ecuador (0.6K tons)
- Venezuela (0.5K tons)
- Peru (0.2K tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Colombia.
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Colombia.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
