Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia - 2022

Contents:

  1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (FOB) - 2022
  2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (CIF) - 2022
  3. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia
  4. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $992 per ton, increasing by 28% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,277 per ton), while the average price for exports to Ecuador stood at $747 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+79.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (CIF) - 2022

Colombia has no trade partners to describe.

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia

In 2022, shipments abroad of vinyl chloride polymers; waste, parings and scraps decreased by -30.9% to 438 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of 634 tons, and then declined significantly in the following year.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps dropped to $435K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +67.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $490K, and then shrank in the following year.

Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A2462595.3%
Ecuador75.221818917632.8%
Hong Kong SAR31.438.048.3N/A24.0%
Thailand10.92.66.8N/A-21.0%
Belgium11559.4N/AN/A-48.3%
Costa Rica26.8N/AN/AN/A0%
OthersN/AN/AN/A0.10%
Total26031849043518.7%

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Colombia in 2022:

  1. Ecuador (235.7 tons)
  2. Malaysia (202.7 tons)

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia

For the third year in a row, Colombia recorded decline in supplies from abroad of vinyl chloride polymers; waste, parings and scraps, which decreased by -93.5% to 10 tons in 2022. Over the period under review, imports recorded a sharp decrease. The smallest decline of -35.2% was in 2020.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps fell remarkably to $2.1K in 2022. In general, imports continue to indicate a significant decrease. The smallest decline of -23.1% was in 2020.

Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones1.315.00.8N/A-21.6%
Venezuela38.433.813.1N/A-41.6%
China5.62.35.4N/A-1.8%
United States52.523.32.8N/A-76.9%
Panama2.10.70.6N/A-46.5%
Mexico9.07.42.6N/A-46.3%
Portugal13.313.15.6N/A-35.1%
Others6.73.61.52.1-32.1%
Total12999.332.52.1-74.7%

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Colombia in 2022:

    Source: IndexBox Market Intelligence Platform

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