Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia - 2022

Contents:

  1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (CIF) - 2022
  2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (FOB) - 2022
  3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia
  4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (CIF) - 2022

In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $3,346 per ton, surging by 38% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $3,401 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,514 per ton), while the price for the United States amounted to $3,289 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (FOB) - 2022

In 2022, the average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $4,013 per ton, remaining relatively unchanged against the previous year. Overall, the export price showed a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 114%. The export price peaked at $4,337 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Venezuela ($6,342 per ton), while the average price for exports to Guyana ($3,517 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 India (+3,048.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia

In 2022, approx. 158 tons of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves were imported into Colombia; increasing by 8.8% against 2021. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves soared to $529K in 2022. Over the period under review, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 128% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24882.122439016.3%
Brazil39.836.573.513951.7%
Venezuela10.77.512.4N/A7.7%
Others44.928.141.5N/A-3.9%
Total34415435152915.4%

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Colombia in 2022:

  1. United States (118.6 tons)
  2. Brazil (39.5 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia

After three years of growth, overseas shipments of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -71% to 4.5 tons in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 100%. As a result, the exports attained the peak of 15 tons, and then fell markedly in the following year.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves declined markedly to $18K in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. As a result, the exports attained the peak of $62K, and then dropped dramatically in the following year.

Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuyanaN/AN/AN/A9.10%
Ecuador4.01.73.46.417.0%
Venezuela12.330.356.52.4-42.0%
Free Zones0.50.50.2N/A-36.8%
Bolivia4.1N/A1.6N/A-37.5%
Honduras2.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.732.661.617.9-8.9%

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Colombia in 2022:

  1. Guyana (2.6 tons)
  2. Ecuador (1.5 tons)
  3. Venezuela (0.4 tons)

Source: IndexBox Market Intelligence Platform

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