Colombia: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Colombia

The Colombian market for chamois leather and combination chamois leather dropped to $X in 2022, falling by -6.4% against the previous year. In general, consumption showed a noticeable setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chamois Leather and Combination Chamois Leather in Colombia

In value terms, production of chamois leather and combination chamois leather reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by 44%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Colombia

In 2022, exports of chamois leather and combination chamois leather from Colombia surged to X square meters, jumping by 39% compared with the previous year's figure. Overall, exports, however, faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 110% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of chamois leather and combination chamois leather skyrocketed to $X in 2022. In general, exports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 63%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X square meters) and the United States (X square meters) were the main destinations of exports of chamois leather and combination chamois leather from Colombia.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +61.6%).

In value terms, the largest markets for chamois leather and combination chamois leather exported from Colombia were China ($X) and the United States ($X).

The United States, with a CAGR of +31.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, dropping by -11.4% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49%. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to China totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Colombia

In 2022, imports of chamois leather and combination chamois leather into Colombia reduced modestly to X square meters, approximately equating 2021. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 161%. As a result, imports attained the peak of X square meters. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of chamois leather and combination chamois leather rose markedly to $X in 2022. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 91% against the previous year. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X square meters) and Spain (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to Colombia.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +7.0%).

In value terms, Spain ($X) constituted the largest supplier of chamois leather and combination chamois leather to Colombia, comprising 68% of total imports. The second position in the ranking was held by Brazil ($X), with a 32% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled +13.8%.

Import Prices by Country

The average import price for chamois leather and combination chamois leather stood at $X per square meter in 2022, rising by 12% against the previous year. Over the period under review, the import price posted a measured increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 84%. As a result, import price attained the peak level of $X per square meter. From 2016 to 2022, the average import prices remained at a 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 square meter), while the price for Brazil amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+88.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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