Report Update: May 1, 2024

Colombia - Sulphates Of Barium Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights

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Price for Barium or Aluminium Sulphates in Colombia - 2022

Price for Barium or Aluminium Sulphates in Colombia (FOB) - 2022

In February 2022, the average barium or aluminium sulphates export price amounted to $315 per ton, picking up by 7.8% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in May 2021 when the average export price increased by 30% against the previous month. As a result, the export price reached the peak level of $353 per ton. From June 2021 to February 2022, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In February 2022, the highest price was recorded for prices to Honduras ($360 per ton) and the United States ($341 per ton), while the average price for exports to Nicaragua ($257 per ton) and Ecuador ($287 per ton) were amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Barium or Aluminium Sulphates in Colombia (CIF) - 2022

The average barium or aluminium sulphates import price stood at $385 per ton in 2022, falling by -20.1% against the previous year. In general, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked at $812 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,273 per ton), while the price for Turkey ($210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Barium or Aluminium Sulphates in Colombia

Barium or aluminium sulphates exports from Colombia soared to 10K tons in 2022, jumping by 66% on the previous year. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, barium or aluminium sulphates exports skyrocketed to $3.8M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Barium or Aluminium Sulphates in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	553	1,101	489	1,485	39.0%
Dominican Republic	602	606	698	1,472	34.7%
Ecuador	292	81.2	336	708	34.3%
Others	86.0	51.8	201	139	17.4%
Total	1,533	1,840	1,724	3,804	35.4%

Top Export Markets for Barium or Aluminium Sulphates from Colombia in 2022:

United States (5.7K tons)
Dominican Republic (2.9K tons)
Ecuador (1.4K tons)

Imports of Barium or Aluminium Sulphates in Colombia

Barium or aluminium sulphates imports into Colombia rose slightly to 2.2K tons in 2022, increasing by 3.2% on 2021 figures. In general, imports, however, showed a mild decrease.

In value terms, barium or aluminium sulphates imports dropped remarkably to $832K in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $1M, and then shrank markedly in the following year.

Import of Barium or Aluminium Sulphates in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	254	404	389	342	10.4%
China	82.8	83.4	220	194	32.8%
India	106	159	182	160	14.7%
Italy	74.2	32.1	97.0	85.3	4.8%
United States	N/A	60.0	53.1	46.7	-11.8%
Mexico	193	N/A	N/A	N/A	0%
Others	8.5	4.3	68.2	4.2	-20.9%
Total	718	743	1,009	832	5.0%

Top Suppliers of Barium or Aluminium Sulphates to Colombia in 2022:

Turkey (1628.9 tons)
China (219.3 tons)
India (203.8 tons)
Italy (67.0 tons)
United States (39.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for barium or aluminium sulphates 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 20134151 - Sulphates of barium or aluminium

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023