Colombia: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2025

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Colombia

The Colombian market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground reached $X in 2022, growing by 1.6% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.4% against 2020 indices. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Colombia

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground rose slightly to $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 30%. Over the period under review, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Colombia

In 2022, approx. X square meters of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground were exported from Colombia; with a decrease of -15.6% compared with the previous year's figure. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2018 when exports increased by 1,457% against the previous year. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground expanded notably to $X in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 941% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Colombia, with a 66% share of total exports. Moreover, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Mexico exceeded the volume sent to the second major destination, Venezuela (X square meters), threefold. Costa Rica (X square meters) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+28.1% per year) and Costa Rica (+67.2% per year).

In value terms, the largest markets for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from Colombia were Mexico ($X), Costa Rica ($X) and the Dominican Republic ($X), together accounting for 72% of total exports.

In terms of the main countries of destination, Costa Rica, with a CAGR of +59.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, increasing by 31% against the previous year. Overall, the export price, however, showed a perceptible contraction. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, 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 ($X per square meter), while the average price for exports to Venezuela ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Colombia

In 2022, the amount of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground imported into Colombia contracted sharply to X square meters, shrinking by -38.6% against the year before. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 296% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground dropped markedly to $X in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 376% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X square meters) constituted the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier to Colombia, accounting for a 40% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Brazil exceeded the figures recorded by the second-largest supplier, China (X square meters), twofold. The third position in this ranking was held by Mexico (X square meters), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.0% per year) and Mexico (-31.0% per year).

In value terms, the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground suppliers to Colombia were China ($X), Brazil ($X) and Mexico ($X), with a combined 65% share of total imports. The United States, Malaysia, India, Venezuela, Egypt and the UK lagged somewhat behind, together accounting for a further 23%.

Malaysia, with a CAGR of +29.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per square meter), while the price for the UK ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform