Report Update Nov 1, 2024

Colombia - Modelling Pastes, Dental Wax and Dental Impression Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Modelling Pastes Market 2024

Modelling Pastes Market Size in Colombia

In 2021, after two years of decline, there was significant growth in the Colombian modelling pastes market, when its value increased by 11% to $X. Overall, consumption, however, posted prominent growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Modelling Pastes Exports

Exports from Colombia

In 2021, after two years of decline, there was significant growth in shipments abroad of modelling pastes, dental wax and dental impression compounds, when their volume increased by 93% to X tons. Over the period under review, exports recorded strong growth. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, modelling pastes exports soared to $X in 2021. Overall, exports enjoyed a slight increase. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for modelling pastes exports from Colombia, accounting for a 72% share of total exports. Moreover, modelling pastes exports to Ecuador exceeded the volume sent to the second major destination, Chile (X tons), fivefold. Panama (X tons) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador stood at +17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-5.7% per year) and Panama (+82.8% per year).

In value terms, Ecuador ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Colombia, comprising 65% of total exports. The second position in the ranking was held by Chile ($X), with a 16% share of total exports. It was followed by Panama, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador amounted to +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-4.6% per year) and Panama (+98.9% per year).

Export Prices by Country

The average modelling pastes export price stood at $X per ton in 2021, which is down by -3.6% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2018 when the average export price increased by 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, among the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into Colombia

In 2021, after two years of decline, there was significant growth in supplies from abroad of modelling pastes, dental wax and dental impression compounds, when their volume increased by 13% to X tons. In general, imports saw prominent growth. The growth pace was the most rapid in 2014 with an increase of 55% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, modelling pastes imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 45% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Thailand (X tons) were the main suppliers of modelling pastes imports to Colombia, together comprising 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +79.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Colombia, comprising 40% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.9% per year) and Germany (+7.2% per year).

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, with an increase of 18% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Germany ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for modelling pastes, dental wax and dental impression compounds in the world?

China constituted the country with the largest volume of modelling pastes consumption, accounting for 26% of total volume. Moreover, modelling pastes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of modelling pastes, dental wax and dental impression compounds in the world?

China remains the largest modelling pastes producing country worldwide, accounting for 49% of total volume. Moreover, modelling pastes production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Japan ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of modelling pastes, dental wax and dental impression compounds to Colombia?

In value terms, Italy, China and Germany were the largest modelling pastes suppliers to Colombia, together accounting for 79% of total imports. These countries were followed by Mexico, Malaysia, Thailand and Spain, which together accounted for a further 9.5%.

What are the leading importers of modelling pastes, dental wax and dental impression compounds from Colombia?

In value terms, Ecuador emerged as the key foreign market for modelling pastes exports from Colombia, comprising 42% of total exports. The second position in the ranking was occupied by Chile, with a 20% share of total exports. It was followed by Peru, with an 18% share.

What is the average export price for modelling pastes, dental wax and dental impression compounds in Colombia?

In 2020, the average modelling pastes export price amounted to $2,572 per ton, dropping by -25.9% against the previous year.

What is the average import price for modelling pastes, dental wax and dental impression compounds in Colombia?

In 2020, the average modelling pastes import price amounted to $4,954 per ton, picking up by 17% against the previous year.

This report provides an in-depth analysis of the modelling pastes market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20595230 - Modelling pastes, dental wax and dental impression compounds, other preparations for use in dentistry with a basis of plaster (including modelling pastes for children

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023