Colombia: Kaolin Market 2021

Kaolin Market Size in Colombia

After two years of growth, the Colombian kaolin market decreased by -X% to $X in 2019. Overall, consumption saw a significant increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018, and then dropped in the following year.

Kaolin Production in Colombia

In value terms, kaolin production expanded rapidly to $X in 2019 estimated in export prices. Overall, production, however, recorded a drastic downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Colombia production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Kaolin Exports

Exports from Colombia

In 2019, overseas shipments of kaolin were finally on the rise to reach X tons for the first time since 2016, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp reduction. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Colombia exports peaked at X tons in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, kaolin exports surged to $X in 2019. Overall, exports, however, saw a deep downturn. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) and the U.S. (X tons) represented the key exporters of kaolin in 2019, finishing at near X% and X% of total exports, respectively. The UK (X tons) took an X% share (based on tons) of total exports, which put it in second place, followed by China (X%), the Czech Republic (X%), Belgium (X%), Germany (X%) and Ukraine (X%).

From 2007 to 2019, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the largest kaolin supplier from Colombia, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

In the U.S., kaolin exports declined by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Belgium (+X% per year).

Export Prices by Country

The kaolin export price in Colombia stood at $X per ton in 2019, rising by X% against the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices reached the maximum in 2019 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the U.S. ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Kaolin Imports

Imports into Colombia

In 2019, purchases abroad of kaolin increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, kaolin imports contracted to $X in 2019. Overall, total imports indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Belgium (X tons), followed by Finland (X tons), Italy (X tons), Russia (X tons), Germany (X tons) and China (X tons) represented the key importers of kaolin, together committing X% of total imports. Canada (X tons), Japan (X tons), Mexico (X tons), Taiwan (Chinese) (X tons), the U.S. (X tons), Algeria (X tons) and Sweden (X tons) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria, while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by Germany, Finland, Mexico, Italy, Canada, Sweden, Russia, the U.S., Taiwan (Chinese) and Algeria, which together accounted for a further X the main importing countries, Algeria 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 kaolin import price in Colombia stood at $X per ton in 2019, which is down by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018, and then shrank in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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