Key Market Indicators
Colombian imports of aromatics are projected to climb to approximately $1.26 million by 2028, up from $1.10 million in 2023. This growth represents a compound annual growth rate (CAGR) of 2.3%. Since 1996, the nation's demand for aromatics has increased by an average of 1.8% annually. On the export front, Colombia's aromatic exports are expected to reach around $23,000 by 2028, rising from $19,600 in 2023. This growth indicates an average annual increase of 2.7%. From 2007 onward, Colombian aromatic supply has risen by an average of 4.2% each year.
