Colombia: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Colombia

After three years of growth, the Colombian market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -0.7% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports from Colombia

In 2022, overseas shipments of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were finally on the rise to reach X tons after five years of decline. Over the period under review, exports, however, saw a deep slump. The growth pace was the most rapid in 2015 when exports increased by 188% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) surged to $X in 2022. In general, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of 178%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Colombia, with a 53% share of total exports. Moreover, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) to Cote d'Ivoire exceeded the volume sent to the second major destination, Guatemala (X tons), fourfold. The Dominican Republic (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+4.4% per year) and the Dominican Republic (+23.1% per year).

In value terms, the largest markets for wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) exported from Colombia were Guatemala ($X), the Dominican Republic ($X) and Cote d'Ivoire ($X), together comprising 68% of total exports.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of +8.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2019 an increase of 29% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports into Colombia

After three years of growth, overseas purchases of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -0.8% to X tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then declined modestly in the following year.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced to $X in 2022. Overall, imports saw a mild decline. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier to Colombia, accounting for a 55% share of total imports. Moreover, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. The third position in this ranking was held by Spain (X tons), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+37.3% per year) and Spain (-0.6% per year).

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) suppliers to Colombia were China ($X), Spain ($X) and the United States ($X), with a combined 81% share of total imports. The UK, Germany, Chile and Slovenia lagged somewhat behind, together comprising a further 13%.

In terms of the main suppliers, the UK, with a CAGR of +29.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.2% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :