Colombia: Gauze Market 2025

Gauze Market Size in Colombia

The Colombian gauze market shrank markedly to $X in 2022, reducing by -16.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2021, and then dropped significantly in the following year.

Gauze Exports

Exports from Colombia

For the eleventh consecutive year, Colombia recorded growth in overseas shipments of gauze (excluding medical gauze), which increased by 44% to X square meters in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gauze exports surged to $X in 2022. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 219%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for gauze exports from Colombia, accounting for a 70% share of total exports. Moreover, gauze exports to the United States exceeded the volume sent to the second major destination, Guatemala (X square meters), sixfold. Ecuador (X square meters) ranked third in terms of total exports with a 7% share.

From 2021 to 2022, the average annual growth rate of volume to the United States stood at +43.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+60.7% per year) and Ecuador (+24.0% per year).

In value terms, the United States ($X) remains the key foreign market for gauze (excluding medical gauze) exports from Colombia, comprising 70% of total exports. The second position in the ranking was held by Guatemala ($X), with a 12% share of total exports. It was followed by Ecuador, with a 7% share.

From 2021 to 2022, the average annual growth rate of value to the United States totaled +52.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+70.8% per year) and Ecuador (+31.8% per year).

Export Prices by Country

In 2022, the average gauze export price amounted to $X per square meter, growing by 6.2% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +6.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($X per square meter) and the United States ($X per square meter), while the average price for exports to Costa Rica ($X per square meter) and Chile ($X per square meter) were amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Gauze Imports

Imports into Colombia

Gauze imports into Colombia shrank rapidly to X square meters in 2022, which is down by -87.9% on 2021. In general, imports showed a significant contraction. Imports peaked at X square meters in 2021, and then fell sharply in the following year.

In value terms, gauze imports reduced to $X in 2022. Over the period under review, imports recorded a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of 112% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X square meters), South Korea (X square meters) and China (X square meters) were the main suppliers of gauze imports to Colombia, with a combined 76% share of total imports. The United States, Brazil, Chile, France and Turkey lagged somewhat behind, together comprising a further 23%.

From 2021 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +0.5%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X), South Korea ($X) and China ($X) constituted the largest gauze suppliers to Colombia, with a combined 76% share of total imports. The United States, Brazil, Chile, France and Turkey lagged somewhat behind, together accounting for a further 23%.

The United States, with a CAGR of +677.2%, 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

In 2022, the average gauze import price amounted to $X per square meter, surging by 656% against the previous year. Overall, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per square meter) and China ($X per square meter), while the price for Turkey ($X per square meter) and France ($X per square meter) were amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+669.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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