Price for Cellulose Acetates; Plasticised, in Primary Forms in Colombia - 2022

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Colombia (CIF) - 2022
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Colombia (FOB) - 2022
  3. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Colombia
  4. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Colombia

Price for Cellulose Acetates; Plasticised, in Primary Forms in Colombia (CIF) - 2022

The average import price for cellulose acetates; plasticised, in primary formses stood at $7,231 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the import price saw a modest expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 82% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15,106 per ton), while the price for the United States ($5,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Acetates; Plasticised, in Primary Forms in Colombia (FOB) - 2022

The average export price for cellulose acetates; plasticised, in primary formses stood at $5,195 per ton in 2022, waning by -51.8% against the previous year. In general, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2017 when the average export price increased by 133% against the previous year. The export price peaked at $18,962 per ton in 2019; however, from 2020 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 the United States ($12,825 per ton), while the average price for exports to Chile ($4,110 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 the United States (+4.8%).

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Colombia

For the fourth year in a row, Colombia recorded growth in purchases abroad of cellulose acetates; plasticised, in primary formses, which increased by 26% to 14 tons in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 505%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellulose acetates; plasticised, in primary formses soared to $99K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 825% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.315.538.867.1149.9%
United States0.427.413.218.3257.7%
South KoreaN/AN/AN/A12.40%
OthersN/AN/A18.91.0-94.7%
Total4.643.070.998.8178.0%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Colombia in 2022:

  1. China (9.6 tons)
  2. United States (3.2 tons)
  3. South Korea (0.8 tons)

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Colombia

Exports of cellulose acetates; plasticised, in primary formses from Colombia skyrocketed to 6.5 tons in 2022, surging by 35% on 2021 figures. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% 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 cellulose acetates; plasticised, in primary formses contracted markedly to $34K in 2022. Overall, exports, however, recorded a sharp reduction. The smallest decline of -19.4% was in 2021.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A20.10%
United States78.164.448.37.9-53.4%
Canada1.90.13.85.340.8%
IrelandN/AN/AN/A0.60%
OthersN/AN/AN/AN/A0%
Total80.164.552.033.8-25.0%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Colombia in 2022:

  1. Chile (4.9 tons)
  2. Canada (0.9 tons)
  3. United States (0.6 tons)
  4. Ireland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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