Colombia: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Colombia

The Colombian billiard accessoires market shrank sharply to $X in 2022, waning by -28.9% 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). In general, consumption saw a dramatic contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Billiard Accessoires Exports

Exports from Colombia

After three years of growth, shipments abroad of articles and accessories for billiards decreased by -6.4% to X tons in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of 549%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, billiard accessoires exports fell to $X in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 520%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) and the United States (X tons) were the main destinations of billiard accessoires exports from Colombia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +29.6%).

In value terms, the United States ($X) emerged as the key foreign market for articles and accessories for billiards exports from Colombia, comprising 79% of total exports. The second position in the ranking was taken by Mexico ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +9.1%.

Export Prices by Country

In 2022, the average billiard accessoires export price amounted to $X per ton, shrinking by -2.8% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2013 an increase of 79%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 the United States ($X per ton), while the average price for exports to Mexico stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Colombia

Billiard accessoires imports into Colombia shrank significantly to X tons in 2022, reducing by -17% against the previous year's figure. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, billiard accessoires imports fell sharply to $X in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), South Korea (X tons) and Belgium (X tons) were the main suppliers of billiard accessoires imports to Colombia, with a combined 81% share of total imports. The United States, the Netherlands and Italy lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest billiard accessoires suppliers to Colombia were Belgium ($X), China ($X) and South Korea ($X), together accounting for 75% of total imports. The United States, the Netherlands and Italy lagged somewhat behind, together accounting for a further 25%.

The Netherlands, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average billiard accessoires import price stood at $X per ton in 2022, waning by -5.6% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, billiard accessoires import price increased by +37.0% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 74% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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