Report Update Mar 1, 2025

Colombia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Artificial Staple Fibre Market 2025

Artificial Staple Fibre Market Size in Colombia

The Colombian artificial staple fibre market contracted dramatically to $X in 2021, with a decrease of -20.5% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +34.6% against 2019 indices. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Artificial Staple Fibre Production in Colombia

In value terms, artificial staple fibre production reduced dramatically to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +35.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71%. As a result, production reached the peak level of $X, and then declined markedly in the following year.

Artificial Staple Fibre Exports

Exports from Colombia

In 2019, approx. X kg of artificial staple fibres were exported from Colombia; standing approx. at the previous year's figure. Over the period under review, exports saw a precipitous descent. The smallest decline of 99.9% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, artificial staple fibre exports stood at $X in 2019. In general, exports faced a sharp reduction. The smallest decline of 99.9% was in 2013. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Panama (X kg) was the main destination for artificial staple fibre exports from Colombia, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Panama was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Panama was relatively modest.

Export Prices by Country

In 2019, the average artificial staple fibre export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price saw significant growth. The pace of growth was the most pronounced in 2013 a decrease of 99.9%. The export price peaked in 2019 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2019, the rate of growth in terms of prices for Peru amounted to 0.0% per year.

Artificial Staple Fibre Imports

Imports into Colombia

In 2021, purchases abroad of artificial staple fibres decreased by -60.9% to X kg, falling for the fifth consecutive year after two years of growth. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2015 when imports increased by 144%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial staple fibre imports fell dramatically to $X in 2021. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 477%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) was the main artificial staple fibre supplier to Colombia, with a 95% share of total imports. It was followed by Italy (X kg), with a 2.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -16.0%.

In value terms, the United States ($X) constituted the largest supplier of artificial staple fibres to Colombia, comprising 74% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -13.2%.

Import Prices by Country

In 2021, the average artificial staple fibre import price amounted to $X per ton, which is down by -40% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 136% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial staple fibres in the world?

China constituted the country with the largest volume of artificial staple fibre consumption, accounting for 15% of total volume. Moreover, artificial staple fibre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of artificial staple fibres in the world?

The country with the largest volume of artificial staple fibre production was China, accounting for 16% of total volume. Moreover, artificial staple fibre production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the leading suppliers of artificial staple fibres to Colombia?

In value terms, the United States constituted the largest supplier of artificial staple fibre to Colombia, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with a 25% share of total imports.

What is the average export price for artificial staple fibres in Colombia?

In 2019, the average artificial staple fibre export price amounted to $8,537 per ton, leveling off at the previous year.

What is the average import price for artificial staple fibres in Colombia?

The average artificial staple fibre import price stood at $7,574 per ton in 2020, declining by -18.5% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre 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 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024