Report Update Nov 1, 2024

Colombia - Feldspar - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Feldspar Market 2024

Feldspar Market Size in Colombia

After two years of growth, the Colombian feldspar market decreased by -3.5% to $X in 2021. Over the period under review, consumption, however, continues to indicate a resilient increase. Feldspar consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Feldspar Production in Colombia

In value terms, feldspar production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed prominent growth. The growth pace was the most rapid in 2015 with an increase of 123% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Feldspar Exports

Exports from Colombia

In 2021, approx. X tons of feldspar were exported from Colombia; declining by -94.8% on the year before. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 48% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, feldspar exports reduced rapidly to $X in 2021. Overall, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 97%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Ecuador (X tons), Venezuela (X tons) and Guatemala (X kg) were the main destinations of feldspar exports from Colombia, together comprising 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Venezuela (with a CAGR of -21.7%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for feldspar exported from Colombia were Venezuela ($X), Ecuador ($X) and Guatemala ($X), together comprising 98% of total exports.

Venezuela, with a CAGR of -16.2%, recorded 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 a decline.

Export Prices by Country

In 2021, the average feldspar export price amounted to $X per ton, growing by 21% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 33%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Feldspar Imports

Imports into Colombia

In 2021, overseas purchases of feldspar were finally on the rise to reach X tons after two years of decline. In general, imports continue to indicate a resilient expansion. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, feldspar imports surged to $X in 2021. Overall, imports showed a temperate expansion. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of feldspar to Colombia, with a 34% share of total imports. Moreover, feldspar imports from Spain exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Mexico (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.2% per year) and Mexico (+11.3% per year).

In value terms, the largest feldspar suppliers to Colombia were Spain ($X), the United States ($X) and Mexico ($X), with a combined 74% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +6.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average feldspar import price stood at $X per ton in 2021, increasing by 22% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for feldspar in the world?

The countries with the highest volumes of feldspar consumption in 2020 were Italy, Turkey and India, with a combined 44% share of global consumption.

What are the largest producers of feldspar in the world?

The country with the largest volume of feldspar production was Turkey, accounting for 31% of total volume. Moreover, feldspar production in Turkey exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Italy, with a 13% share.

What are the leading suppliers of feldspar to Colombia?

In value terms, Spain constituted the largest supplier of feldspar to Colombia, comprising 60% of total imports. The second position in the ranking was occupied by the U.S., with a 21% share of total imports.

What are the leading importers of feldspar from Colombia?

In value terms, Ecuador remains the key foreign market for feldspar exports from Colombia, comprising 83% of total exports. The second position in the ranking was occupied by Guatemala, with a 17% share of total exports.

What is the average export price for feldspar in Colombia?

The average feldspar export price stood at $114 per ton in 2020, declining by -31.7% against the previous year.

What is the average import price for feldspar in Colombia?

In 2020, the average feldspar import price amounted to $216 per ton, increasing by 5.9% against the previous year.

This report provides an in-depth analysis of the feldspar market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023