Colombia: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2025

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Colombia

In 2021, after two years of growth, there was decline in the Colombian market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, when its value decreased by -4.6% to $X. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.1% against 2017 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then declined slightly in the following year.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Colombia

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.2% against 2017 indices. The growth pace was the most rapid in 2017 when the production volume increased by 21% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then contracted in the following year.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports from Colombia

In 2021, approx. X tons of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s were exported from Colombia; with an increase of 9.6% on 2020. In general, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.3% against 2013 indices. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s soared to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 26%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

The Dominican Republic (X tons), El Salvador (X tons) and Ecuador (X tons) were the main destinations of exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Colombia, with a combined 74% share of total exports. These countries were followed by Guatemala, Trinidad and Tobago, Costa Rica and Panama, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +126.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) exported from Colombia were El Salvador ($X), the Dominican Republic ($X) and Ecuador ($X), together comprising 75% of total exports. Trinidad and Tobago, Guatemala, Panama and Costa Rica lagged somewhat behind, together comprising a further 20%.

Guatemala, with a CAGR of +106.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X per ton in 2021, with an increase of 14% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports into Colombia

In 2021, approx. X tons of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s were imported into Colombia; jumping by 36% compared with 2020 figures. Overall, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2015 when imports increased by 46%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s surged to $X in 2021. Over the period under review, imports, however, recorded a pronounced slump. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) to Colombia, accounting for a 48% share of total imports. Moreover, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Mexico (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +37.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.7% per year) and Mexico (-13.7% per year).

In value terms, Italy ($X) constituted the largest supplier of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Colombia, comprising 43% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports. It was followed by Mexico, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +37.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.1% per year) and Mexico (-11.1% per year).

Import Prices by Country

The average import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X per ton in 2021, increasing by 2.9% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform