Colombia: Manifold Business Form Market 2024

Manifold Business Form Market Size in Colombia

The Colombian manifold business form market contracted to $X in 2022, declining by -6% against the previous year. In general, consumption saw a pronounced setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Manifold Business Form Production in Colombia

In value terms, manifold business form production declined to $X in 2022 estimated in export price. Overall, production saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 14%. Manifold business form production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Manifold Business Form Exports

Exports from Colombia

After two years of decline, shipments abroad of manifold business forms and interleaved carbon sets increased by 15% to X tons in 2022. In general, exports saw pronounced growth. The most prominent rate of growth was recorded in 2013 when exports increased by 148%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, manifold business form exports surged to $X in 2022. Overall, exports recorded a moderate increase. The pace of growth appeared the most rapid in 2013 when exports increased by 153%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for manifold business form exports from Colombia, with a 77% share of total exports. Moreover, manifold business form exports to Mexico exceeded the volume sent to the second major destination, Venezuela (X tons), ninefold. El Salvador (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+81.4% per year) and El Salvador (-13.2% per year).

In value terms, Mexico ($X) remains the key foreign market for manifold business forms and interleaved carbon sets exports from Colombia, comprising 74% of total exports. The second position in the ranking was held by El Salvador ($X), with a 16% share of total exports. It was followed by Panama, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value to Mexico amounted to +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-11.8% per year) and Panama (-14.4% per year).

Export Prices by Country

In 2022, the average manifold business form export price amounted to $X per ton, increasing by 9.6% against the previous year. Overall, the export price, however, continues to indicate a mild shrinkage. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+1.7%), while the prices for the other major destinations experienced a decline.

Manifold Business Form Imports

Imports into Colombia

Manifold business form imports into Colombia declined rapidly to X tons in 2022, falling by -29.7% against 2021 figures. Overall, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 135%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, manifold business form imports contracted remarkably to $X in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 139% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), the United States (X tons) and China (X kg) were the main suppliers of manifold business form imports to Colombia, together comprising 78% of total imports. Chile and Mexico lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of manifold business forms and interleaved carbon sets to Colombia, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Chile, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.0% per year) and Chile (+36.8% per year).

Import Prices by Country

In 2022, the average manifold business form import price amounted to $X per ton, rising by 6.1% against the previous year. Overall, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2019 an increase of 36%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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