Colombia - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in Colombia - 2022
Contents:
- Resinoids Price in Colombia (CIF) - 2022
- Resinoids Price in Colombia (FOB) - 2022
- Resinoids Imports in Colombia
- Resinoids Exports in Colombia
Resinoids Price in Colombia (CIF) - 2022
The average resinoids import price stood at $41,060 per ton in 2022, rising by 9.2% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2014 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $63,223 per ton. From 2015 to 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 2022, amid the top importers, the country with the highest price was France ($243,239 per ton), while the price for China ($13,860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Resinoids Price in Colombia (FOB) - 2022
The average resinoids export price stood at $10,144 per ton in 2022, picking up by 36% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $12,132 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
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 the UK ($85,000 per ton), while the average price for exports to Ecuador ($2,171 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 (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Resinoids Imports in Colombia
In 2022, purchases abroad of resinoids decreased by -29.3% to 8.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of 11 tons, and then declined remarkably in the following year.
In value terms, resinoids imports reduced dramatically to $331K in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of $429K, and then shrank dramatically in the following year.
Import of Resinoids in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 65.3 | 58.2 | 171 | 127 | 24.8% |
China | 38.0 | 43.6 | 59.8 | 53.2 | 11.9% |
France | 26.9 | 36.0 | 54.9 | 11.2 | -25.3% |
Germany | 18.4 | 13.1 | 13.2 | 10.2 | -17.9% |
Taiwan (Chinese) | 7.8 | 9.0 | 10.3 | 7.7 | -0.4% |
Poland | N/A | 5.5 | 3.7 | N/A | -32.7% |
Others | 71.8 | 68.2 | 117 | 122 | 19.3% |
Total | 228 | 234 | 429 | 331 | 13.2% |
Top Suppliers of Resinoids to Colombia in 2022:
- France (undefined tons)
- China (3.8 tons)
- India (3.2 tons)
- Taiwan (Chinese) (0.2 tons)
- Germany (0.1 tons)
Resinoids Exports in Colombia
In 2022, overseas shipments of resinoids decreased by -32% to 647 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 11,786% against the previous year. As a result, the exports attained the peak of 61 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, resinoids exports contracted to $6.6K in 2022. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 11,498%. As a result, the exports attained the peak of $555K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Resinoids in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.5 | 80.2 | 1.3 | 2.5 | 71.0% |
Spain | 1.5 | 167 | 1.7 | 1.3 | -4.7% |
Germany | 0.6 | 69.8 | 0.8 | 0.7 | 5.3% |
Ecuador | 0.8 | 90.7 | 0.9 | 0.7 | -4.4% |
Peru | 0.6 | 67.4 | 0.6 | 0.5 | -5.9% |
Chile | 0.3 | 34.9 | 0.4 | 0.3 | 0.0% |
Panama | 0.2 | 27.7 | 0.4 | 0.3 | 14.5% |
Others | 0.3 | 16.6 | 1.1 | 0.2 | -12.6% |
Total | 4.8 | 555 | 7.1 | 6.6 | 11.2% |
Top Export Markets for Resinoids from Colombia in 2022:
- Ecuador (310.0 kg)
- Panama (137.0 kg)
- Spain (73.0 kg)
- Chile (59.0 kg)
- United Kingdom (30.0 kg)
- Peru (18.0 kg)
- Germany (12.0 kg)
This report provides an in-depth analysis of the resinoids market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20531030 - Resinoids
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the resinoids market in Colombia.
This report provides an in-depth analysis of the essential oils market in Colombia.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the resinoids market in Colombia.
This report provides an in-depth analysis of the essential oils market in Colombia.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
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In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
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