Colombia: Common Pottery Market 2024

Common Pottery Market Size in Colombia

The Colombian common pottery market contracted modestly to $X in 2022, waning by -3.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Common pottery consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Common Pottery Production in Colombia

In value terms, common pottery production contracted slightly to $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 37%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Common Pottery Exports

Exports from Colombia

Common pottery exports from Colombia shrank to X tons in 2022, which is down by -13.5% compared with 2021 figures. In general, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, common pottery exports dropped rapidly to $X in 2022. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Brazil (X tons) and Argentina (X tons) were the main destinations of common pottery exports from Colombia, with a combined 62% share of total exports. Spain, Peru, Ecuador, Italy, Cuba, the United States and Venezuela lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of +78.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for common pottery exported from Colombia were Brazil ($X), Mexico ($X) and Argentina ($X), with a combined 62% share of total exports. Peru, Spain, Ecuador, Italy, Cuba, the United States and Venezuela lagged somewhat behind, together comprising a further 31%.

Cuba, with a CAGR of +65.6%, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average common pottery export price stood at $X per ton in 2022, falling by -6.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 17% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Venezuela ($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 the United States (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Colombia

In 2022, imports of common pottery into Colombia shrank sharply to X tons, falling by -20.2% on the previous year. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 72% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, common pottery imports shrank rapidly to $X in 2022. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 56%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Indonesia (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of common pottery imports to Colombia, with a combined 92% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +38.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of common pottery to Colombia, comprising 77% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 9.6% share of total imports. It was followed by Taiwan (Chinese), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-5.8% per year) and Taiwan (Chinese) (+13.1% per year).

Import Prices by Country

In 2022, the average common pottery import price amounted to $X per ton, with an increase of 2.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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