Colombia: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Colombia

In 2022, the Colombian market for chromium, manganese, lead and copper oxides and hydroxides increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Colombia

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides fell modestly to $X in 2022 estimated in export price. Overall, production recorded a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Colombia

In 2022, shipments abroad of chromium, manganese, lead and copper oxides and hydroxides increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a mild contraction. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides rose significantly to $X in 2022. In general, exports, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Poland (X tons) and Ecuador (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Colombia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Colombia were Thailand ($X), Poland ($X) and Japan ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average export price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a mild decline. The pace of growth was the most pronounced in 2018 an increase of X%. 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 Brazil ($X per ton), while the average price for exports to Ecuador ($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 Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Colombia

Imports of chromium, manganese, lead and copper oxides and hydroxides into Colombia rose rapidly to X tons in 2022, surging by X% against 2021. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides stood at $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, South Africa (X tons) constituted the largest chromium, manganese, lead and copper oxide and hydroxide supplier to Colombia, with a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from South Africa exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and China (X% per year).

In value terms, the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Colombia were Belgium ($X), South Africa ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, South Africa, with a CAGR of X%, saw the highest growth rate of 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

The average import price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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