Colombia: Fibreboard Market 2024

Fibreboard Market Size in Colombia

In 2022, the Colombian fibreboard market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a perceptible 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, consumption increased by X% against 2020 indices. Fibreboard consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Fibreboard Production in Colombia

In value terms, fibreboard production reduced to $X in 2022 estimated in export price. Overall, production saw resilient growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Fibreboard Exports

Exports from Colombia

In 2022, shipments abroad of fibreboard decreased by X% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fibreboard exports fell remarkably to $X in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X cubic meters), Costa Rica (X cubic meters) and the United States (X cubic meters) were the main destinations of fibreboard exports from Colombia, with a combined X% share of total exports. Guatemala, Venezuela, Panama, Mexico, Jamaica, Honduras and the Dominican Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), Ecuador ($X) and Venezuela ($X) appeared to be the largest markets for fibreboard exported from Colombia worldwide, with a combined X% share of total exports. Costa Rica, Panama, Guatemala, Honduras, Mexico, Jamaica and the Dominican Republic lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, saw the highest growth rate of 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 fibreboard export price stood at $X per cubic meter in 2022, rising by X% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price 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, fibreboard export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to Jamaica ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fibreboard Imports

Imports into Colombia

In 2022, approx. X cubic meters of fibreboard were imported into Colombia; picking up by X% compared with the year before. Over the period under review, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fibreboard imports surged to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X cubic meters), China (X cubic meters) and Chile (X cubic meters) were the main suppliers of fibreboard imports to Colombia, with a combined X% share of total imports. Turkey, Germany, Thailand, Switzerland, Ecuador and Russia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Brazil ($X), China ($X) and Chile ($X) constituted the largest fibreboard suppliers to Colombia, together accounting for X% of total imports. Germany, Turkey, Thailand, Switzerland, Ecuador and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Switzerland, with a CAGR of X%, saw 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

The average fibreboard import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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