Colombia: Copper Powder Market 2025

Copper Powder Market Size in Colombia

The Colombian copper powder market dropped modestly to $X in 2021, falling by -2.2% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Copper Powder Production in Colombia

In value terms, copper powder production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30%. Copper powder production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Copper Powder Exports

Exports from Colombia

After three years of decline, shipments abroad of copper powders and flakes increased by 65% to X tons in 2021. Over the period under review, exports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2017 with an increase of 9,699% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, copper powder exports surged to $X in 2021. In general, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by 4,417%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ecuador (X tons) and Costa Rica (X tons) were the main destinations of copper powder exports from Colombia.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of 0.0%).

In value terms, the largest markets for copper powder exported from Colombia were Ecuador ($X) and Costa Rica ($X).

Ecuador, with a CAGR of +0.4%, recorded 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 2021, the average copper powder export price amounted to $X per ton, leveling off at the previous year. Over the period under review, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper powder export price increased by +168.7% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Costa Rica totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Powder Imports

Imports into Colombia

In 2021, overseas purchases of copper powders and flakes increased by 31% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper powder imports skyrocketed to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest copper powder supplier to Colombia, with a 39% share of total imports. Moreover, copper powder imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Mexico (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and Mexico (+3.3% per year).

In value terms, Germany ($X), Spain ($X) and Mexico ($X) appeared to be the largest copper powder suppliers to Colombia, together comprising 78% of total imports. These countries were followed by Brazil, China and the United States, which together accounted for a further 22%.

Among the main suppliers, China, with a CAGR of +40.0%, recorded 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 2021, the average copper powder import price amounted to $X per ton, surging by 23% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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