Colombia - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlumina Price in Colombia - 2022
Contents:
- Alumina Price in Colombia (CIF) - 2022
- Alumina Price in Colombia (FOB) - 2022
- Alumina Imports in Colombia
- Alumina Exports in Colombia
Alumina Price in Colombia (CIF) - 2022
The average alumina import price stood at $1,295 per ton in February 2022, picking up by 4% against the previous month. Over the period under review, import price indicated temperate growth from February 2021 to February 2022: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, alumina import price increased by +22.8% against November 2021 indices. The growth pace was the most rapid in April 2021 when the average import price increased by 98% month-to-month. As a result, import price attained the peak level of $2,014 per ton. From May 2021 to February 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,217 per ton), while the price for Brazil ($928 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Alumina Price in Colombia (FOB) - 2022
The average alumina export price stood at $2,399 per ton in 2022, with an increase of 17% against the previous year. In general, the export price saw buoyant growth. The growth pace was the most rapid in 2015 when the average export price increased by 802% against the previous year. As a result, the export price reached the peak level of $9,078 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -8.6% per year.
Alumina Imports in Colombia
In 2022, approx. 3.8K tons of alumina were imported into Colombia; declining by -15.8% compared with 2021 figures. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 90%. As a result, imports attained the peak of 4.5K tons, and then contracted rapidly in the following year.
In value terms, alumina imports contracted markedly to $2.9M in 2022. Overall, imports showed a mild setback. The pace of growth appeared the most rapid in 2021 when imports increased by 107%. As a result, imports reached the peak of $4M, and then shrank dramatically in the following year.
| Import of Alumina in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 842 | 413 | 1,305 | 962 | 4.5% |
| Germany | 994 | 814 | 1,233 | 909 | -2.9% |
| Brazil | 742 | 510 | 986 | 727 | -0.7% |
| China | 199 | 71.1 | 279 | 206 | 1.2% |
| France | 170 | 30.9 | 41.6 | 59.2 | -29.6% |
| Spain | 56.9 | 52.0 | 58.1 | 42.8 | -9.1% |
| Others | 42.2 | 21.5 | 50.9 | 27.8 | -13.0% |
| Total | 3,045 | 1,912 | 3,953 | 2,933 | -1.2% |
Top Suppliers of Alumina to Colombia in 2022:
- Germany (1584.5 tons)
- Brazil (1497.5 tons)
- China (277.4 tons)
- United States (260.4 tons)
- France (101.4 tons)
- Spain (73.3 tons)
Alumina Exports in Colombia
In 2022, approx. 9.9 tons of alumina were exported from Colombia; increasing by 12% against 2021. Over the period under review, exports, however, saw a pronounced slump.
In value terms, alumina exports soared to $24K in 2022. Overall, exports, however, recorded a abrupt decline.
| Export of Alumina in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 41.8 | 29.5 | 11.3 | 23.8 | -17.1% |
| Venezuela | N/A | N/A | 6.8 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 41.8 | 29.5 | 18.1 | 23.8 | -17.1% |
Top Export Markets for Alumina from Colombia in 2022:
- Brazil (9.9 tons)
This report provides an in-depth analysis of the alumina 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 24421200 - Aluminium oxide (excluding artificial corundum)
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
-
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
655
This report provides an in-depth analysis of the alumina market in Colombia.
333
This report provides an in-depth analysis of the aluminium hydroxide market in Colombia.
389
This report provides an in-depth analysis of the artificial corundum market in Colombia.
1510
This report provides an in-depth analysis of the global alumina market.
1029
This report provides an in-depth analysis of the global aluminium hydroxide market.
560
This report provides an in-depth analysis of the global artificial corundum market.
655
This report provides an in-depth analysis of the alumina market in Colombia.
333
This report provides an in-depth analysis of the aluminium hydroxide market in Colombia.
389
This report provides an in-depth analysis of the artificial corundum market in Colombia.
1510
This report provides an in-depth analysis of the global alumina market.
828
In 2021, U.S. alumina imports rose by 12% to 1.3M tons or by 32% to $622M in value terms, while the domestic production declined.
1577
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
1198
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
1195
The global trade in alumina amounted to X million USD in 2015, showing mild fluctuations over the period under review. A significant drop in 2009 was followed by recovery over the next two years, until exports slightly declined again. Overall, the
449
By virtue of its meteoric rise in exports, Brazil became one of the leaders in the global aluminium oxide trade. In 2014, Brazil exported X thousand tons of aluminium oxide totaling X million USD, X% over the previous year. Its primary tradi
1331
In value terms, aluminum structures imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1143
In value terms, aluminum structures exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indi...
828
In 2021, U.S. alumina imports rose by 12% to 1.3M tons or by 32% to $622M in value terms, while the domestic production declined.
1577
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
1198
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
