Colombia - Saccharin And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSaccharin Price in Colombia - 2022
Contents:
- Saccharin Price in Colombia (CIF) - 2022
- Saccharin Price in Colombia (FOB) - 2022
- Saccharin Imports in Colombia
- Saccharin Exports in Colombia
Saccharin Price in Colombia (CIF) - 2022
In February 2022, the average saccharin import price amounted to $10,751 per ton, declining by -21.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 55% m-o-m. The import price peaked at $13,690 per ton in January 2022, and then dropped significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Spain ($44,091 per ton), while the price for China totaled $9,461 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Saccharin Price in Colombia (FOB) - 2022
In 2022, the average saccharin export price amounted to $10,503 per ton, rising by 3.2% against the previous year. In general, the export price showed a temperate increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 49%. Over the period under review, the average export prices attained the peak figure at $16,498 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +9.7% per year.
Saccharin Imports in Colombia
In 2022, the amount of saccharin and its salts imported into Colombia fell rapidly to 230 tons, which is down by -16.1% against the year before. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 274 tons, and then shrank notably in the following year.
In value terms, saccharin imports dropped rapidly to $2M in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $2.5M, and then reduced markedly in the following year.
Import of Saccharin in Colombia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,650 | 1,110 | 1,997 | 1,576 | -1.5% |
South Korea | 85.3 | 222 | 294 | 232 | 39.6% |
India | 93.4 | 75.4 | 68.5 | 72.2 | -8.2% |
Others | 72.6 | 79.7 | 117 | 102 | 12.0% |
Total | 1,901 | 1,487 | 2,476 | 1,982 | 1.4% |
Top Suppliers of Saccharin to Colombia in 2022:
- China (200.4 tons)
- South Korea (16.1 tons)
- India (7.9 tons)
Saccharin Exports in Colombia
Saccharin exports from Colombia skyrocketed to 2.3 tons in 2022, jumping by 19% against the previous year's figure. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 563% against the previous year. As a result, the exports reached the peak of 2.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, saccharin exports soared to $24K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 704% against the previous year. As a result, the exports attained the peak of $28K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Saccharin in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 3.5 | 28.4 | 19.6 | 24.0 | 90.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.5 | 28.5 | 19.6 | 24.0 | 90.0% |
Top Export Markets for Saccharin from Colombia in 2022:
- Venezuela (2.3 tons)
This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts
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 saccharin market in Colombia.
This report provides an in-depth analysis of the imines market in Colombia.
This report provides an in-depth analysis of the global saccharin market.
This report provides an in-depth analysis of the global imines market.
This report provides an in-depth analysis of the saccharin market in Colombia.
This report provides an in-depth analysis of the imines market in Colombia.
This report provides an in-depth analysis of the global saccharin market.
This report provides an in-depth analysis of the global imines market.
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