Overview of the Market for Compounds With Other Nitrogen Function in Colombia
The size of the market for compounds with other nitrogen function (excluding isocyanates) in Colombia soared to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate significant growth. The most prominent rate of growth was recorded in 2012 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.