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Colombia - Bismuth - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Bismuth Market 2022

Bismuth Market Size in Colombia

In 2021, the Colombian bismuth market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Bismuth Exports

Exports from Colombia

In 2015, bismuth exports from Colombia surged to X tons, picking up by 51% against the year before. Over the period under review, total exports indicated a significant increase from 2014 to 2015: its volume increased at an average annual rate of +50.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bismuth exports surged to $X in 2015. The total export value increased at an average annual rate of +22.8% over the period from 2014 to 2015; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for bismuth exports from Colombia, with a approx. 100% share of total exports.

From 2014 to 2015, the average annual rate of growth in terms of volume to Canada amounted to +325.6%.

In value terms, Canada ($X) emerged as the key foreign market for bismuth exports from Colombia.

From 2014 to 2015, the average annual growth rate of value to Canada stood at +277.6%.

Export Prices by Country

In 2015, the average bismuth export price amounted to $X per ton, reducing by -18.5% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The export price peaked at $X per ton in 2014, and then declined remarkably in the following year.

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

From 2014 to 2015, the rate of growth in terms of prices for Canada amounted to -11.3% per year.

Bismuth Imports

Imports into Colombia

In 2021, overseas purchases of bismuth increased by 234% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep setback. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, bismuth imports surged to $X in 2021. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 140% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X tons) and the United States (X kg) were the main suppliers of bismuth imports to Colombia.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +1.1%).

In value terms, the largest bismuth suppliers to Colombia were the United States ($X) and Mexico ($X).

In terms of the main suppliers, the United States, with a CAGR of -4.3%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average bismuth import price stood at $X per ton in 2021, which is down by -41.5% against the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 an increase of 71%. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Mexico totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+23.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bismuth in the world?

The country with the largest volume of bismuth consumption was China, accounting for 49% of total volume. Moreover, bismuth consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, sixfold. The third position in this ranking was occupied by Hong Kong SAR, with a 7.8% share.

What are the largest producers of bismuth in the world?

The country with the largest volume of bismuth production was China, accounting for 75% of total volume. Moreover, bismuth production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. Lao People's Democratic Republic ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of bismuth to Colombia?

In value terms, the United States and China appeared to be the largest bismuth suppliers to Colombia.

What are the leading importers of bismuth from Colombia?

In value terms, Canada remains the key foreign market for bismuth exports from Colombia.

What is the average export price for bismuth in Colombia?

In 2015, the average bismuth export price amounted to $25,495 per ton, with a decrease of -18.5% against the previous year.

What is the average import price for bismuth in Colombia?

In 2021, the average bismuth import price amounted to $36,368 per ton, dropping by -26.3% against the previous year.

This report provides an in-depth analysis of the bismuth 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:

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023