Price for Metals; Palladium, Unwrought or in Powder Form in Colombia - 2022

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Colombia (CIF) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in Colombia (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Colombia
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Colombia

Price for Metals; Palladium, Unwrought or in Powder Form in Colombia (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $21,715,538 per ton in 2022, rising by 62% against the previous year. In general, the import price saw a slight increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 913% against the previous year. Over the period under review, average import prices attained the peak figure at $27,653,462 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40,234,857 per ton), while the price for Italy amounted to $109,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%).

Price for Metals; Palladium, Unwrought or in Powder Form in Colombia (FOB) - 2022

In 2022, the average export price for metals; palladium, unwrought or in powder forms amounted to $24,787,875 per ton, rising by 3.8% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 18% against the previous year. The export price peaked at $30,601,000 per ton in 2012; however, from 2013 to 2022, the 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 the United States ($24,863,750 per ton), while the average price for exports to the United Arab Emirates amounted to $24,712,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.1%).

Imports of Metals; Palladium, Unwrought or in Powder Form in Colombia

In 2022, approx. 13 kg of metals; palladium, unwrought or in powder forms were imported into Colombia; flattening at the year before. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year.

In value terms, imports of metals; palladium, unwrought or in powder forms skyrocketed to $282K in 2022. Overall, imports continue to indicate a noticeable descent.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Colombia in 2022:

1. United States (7.0 kg)
2. Italy (6.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in Colombia

In 2022, approx. 8 kg of metals; palladium, unwrought or in powder forms were exported from Colombia; jumping by 33% compared with the year before. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; palladium, unwrought or in powder forms soared to $198K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Colombia in 2022:

1. United States (4.0 kg)
2. United Arab Emirates (4.0 kg)

Source: IndexBox Market Intelligence Platform