Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Colombia - 2022

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia (CIF) - 2022
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $8,110 per ton in February 2022, increasing by 6.2% against the previous month. In general, the import price showed a temperate expansion. The pace of growth was the most pronounced in November 2021 when the average import price increased by 1,063% against the previous month. As a result, import price reached the peak level of $74,453 per ton. From December 2021 to February 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was China ($9,815 per ton), while the price for India ($3,653 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 China (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $9,951 per ton in 2022, jumping by 70% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $12,285 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($36,358 per ton), while the average price for exports to the United States ($3,862 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 (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia

In 2022, approx. 2.5K tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were imported into Colombia; rising by 41% on 2021 figures. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $19M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Colombia in 2022:

1. China (2132.5 tons)
2. India (178.6 tons)
3. Indonesia (54.1 tons)
4. Brazil (47.8 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Colombia

After three years of growth, shipments abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -19.6% to 12 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 246% against the previous year.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $124K in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 231%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Colombia in 2022:

1. Venezuela (4.9 tons)
2. Ecuador (4.3 tons)
3. United States (1.2 tons)
4. Costa Rica (1.1 tons)
5. Peru (1.0 tons)

Source: IndexBox Market Intelligence Platform