Price for Lustres; Liquid Lustres and Similar Preparations in Colombia - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Colombia (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Colombia (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Colombia
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Colombia

Price for Lustres; Liquid Lustres and Similar Preparations in Colombia (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $18,319 per ton in 2022, jumping by 15% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2016 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $28,026 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Mexico ($96,116 per ton), while the price for Spain ($3,823 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Colombia (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $7,600 per ton, dropping by -94.2% against the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 114%. As a result, the export price attained the peak level of $156,842 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($8,000 per ton), while the average price for exports to Guatemala totaled $7,571 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lustres; Liquid Lustres and Similar Preparations in Colombia

In 2022, approx. 17 tons of lustres; liquid lustres and similar preparationses were imported into Colombia; with a decrease of -50.7% compared with the previous year. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 158%. As a result, imports attained the peak of 35 tons, and then declined dramatically in the following year.

In value terms, imports of lustres; liquid lustres and similar preparationses reduced markedly to $320K in 2022. Over the period under review, imports, however, posted notable growth. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $562K, and then plummeted in the following year.

Import of Lustres; Liquid Lustres and Similar Preparations in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.864.411588.618.1%
Mexico46.675.315563.811.0%
Spain60.140.011057.2-1.6%
China1.41.65.93.130.3%
Others139116176107-8.4%
Total3012975623202.1%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Colombia in 2022:

  1. Spain (15.0 tons)
  2. United States (1.1 tons)
  3. Mexico (0.7 tons)
  4. China (0.4 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in Colombia

In 2022, after three years of growth, there was significant decline in overseas shipments of lustres; liquid lustres and similar preparationses, when their volume decreased by -63.4% to 15 kg. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 138%.

In value terms, exports of lustres; liquid lustres and similar preparationses reduced sharply to $114 in 2022. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 409%.

Export of Lustres; Liquid Lustres and Similar Preparations in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/A6.0N/A106320.3%
Costa Rica2.014.019.08.058.7%
Ecuador156606454N/A70.6%
Dominican Republic84.0593703N/A189.3%
Venezuela57.0261230N/A100.9%
ArgentinaN/AN/A915N/A0%
Chile32.057.0978N/A452.8%
Peru2451,4091,991N/A185.1%
Others9.034.084.0N/A205.5%
Total5852,9805,374114-42.0%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Colombia in 2022:

  1. Guatemala (14.0 kg)
  2. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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