Colombia: Mould For Glass Market 2025

Mould For Glass Market Size in Colombia

After three years of decline, the Colombian mould for glass market increased by 34% to $X in 2021. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Mould For Glass Production in Colombia

In value terms, mould for glass production surged to $X in 2021 estimated in export price. In general, production, however, recorded a slight descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Mould For Glass Exports

Exports from Colombia

For the fifth year in a row, Colombia recorded decline in shipments abroad of moulds for glass, which decreased by -89.5% to X units in 2021. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2016 when exports increased by 2.4%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, mould for glass exports contracted notably to $X in 2021. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 14%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for mould for glass exports from Colombia, accounting for a 54% share of total exports. Moreover, mould for glass exports to Mexico exceeded the volume sent to the second major destination, the United States (X units), twofold. Ecuador (X units) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-39.1% per year) and Ecuador (-30.2% per year).

In value terms, the largest markets for mould for glass exported from Colombia were Mexico ($X), the United States ($X) and South Africa ($X), with a combined 67% share of total exports.

Mexico, with a CAGR of -8.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mould for glass export price stood at $X per unit in 2021, picking up by 25% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Mould For Glass Imports

Imports into Colombia

Mould for glass imports into Colombia surged to X units in 2021, jumping by 19% compared with the previous year's figure. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 186% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, mould for glass imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 205%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest mould for glass supplier to Colombia, accounting for a 88% share of total imports. Moreover, mould for glass imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold. Peru (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.1% per year) and Peru (+10.9% per year).

In value terms, China ($X) constituted the largest supplier of moulds for glass to Colombia, comprising 77% of total imports. The second position in the ranking was held by Belgium ($X), with a 4.9% share of total imports. It was followed by the United States, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.8% per year) and the United States (-11.2% per year).

Import Prices by Country

In 2021, the average mould for glass import price amounted to $X per unit, growing by 5.7% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2013 an increase of 6.9%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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