Colombia: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Colombia

In 2020, after two years of growth, there was significant decline in the Colombian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when its value decreased by -X% to $X. Over the period under review, consumption, however, recorded temperate growth. The growth pace was the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then shrank in the following year.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Colombia

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank to $X in 2020 estimated in export prices. In general, the total production indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019, and then fell in the following year.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Colombia

In 2020, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Colombia expanded notably to X square meters, with an increase of X% on the year before. In general, exports, however, recorded a deep slump. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X square meters in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined slightly to $X in 2020. Over the period under review, exports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Mexico (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Colombia, with a X% share of total exports. Moreover, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Mexico exceeded the volume sent to the second major destination, the U.S. (X square meters), eightfold. The third position in this ranking was occupied by Ecuador (X square meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Ecuador (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The export price peaked at $X per square meter in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Guatemala ($X per square meter), while the average price for exports to Ecuador ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Colombia

In 2020, supplies from abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second consecutive year after three years of growth. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at X square meters in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced rapidly to $X in 2020. Overall, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Colombia, with a X% share of total imports. Moreover, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, Mexico (X square meters), eightfold. Brazil (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Brazil (-X% per year).

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Colombia were China ($X), Mexico ($X) and Free Zones ($X), together comprising X% of total imports.

Among the main suppliers, China recorded 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 import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, reducing by -X% against the previous year. In general, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per square meter. from 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Free Zones ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Free Zones, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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