Colombia: Market for Moulds For Mineral Materials 2025

Market Size for Moulds For Mineral Materials in Colombia

The Colombian mould for mineral materials market skyrocketed to $X in 2022, rising by 19% against the previous year. In general, consumption, however, recorded a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Moulds For Mineral Materials in Colombia

In value terms, mould for mineral materials production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by 4.3% against the previous year. Mould for mineral materials production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Moulds For Mineral Materials

Exports from Colombia

In 2022, the amount of moulds for mineral materials exported from Colombia fell to X units, dropping by -10.3% compared with the previous year. Over the period under review, exports, however, saw a noticeable increase. The growth pace was the most rapid in 2018 with an increase of 109% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mould for mineral materials exports contracted remarkably to $X in 2022. Overall, exports showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 with an increase of 71% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X units) was the main destination for mould for mineral materials exports from Colombia, accounting for a 72% share of total exports. Moreover, mould for mineral materials exports to Brazil exceeded the volume sent to the second major destination, Saint Kitts and Nevis (X units), more than tenfold. The third position in this ranking was held by the Dominican Republic (X units), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Kitts and Nevis (+33.6% per year) and the Dominican Republic (+3.5% per year).

In value terms, Brazil ($X) remains the key foreign market for moulds for mineral materials exports from Colombia, comprising 67% of total exports. The second position in the ranking was taken by Saint Kitts and Nevis ($X), with an 8.3% share of total exports. It was followed by the Dominican Republic, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Kitts and Nevis (+24.1% per year) and the Dominican Republic (-0.5% per year).

Export Prices by Country

The average mould for mineral materials export price stood at $X per unit in 2022, dropping by -7.6% against the previous year. Overall, the export price saw a abrupt slump. The growth pace was the most rapid in 2021 when the average export price increased by 19% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saint Kitts and Nevis ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Moulds For Mineral Materials

Imports into Colombia

In 2022, imports of moulds for mineral materials into Colombia surged to X units, jumping by 18% against the previous year. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 157% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, mould for mineral materials imports amounted to $X in 2022. Overall, imports posted a temperate expansion. The pace of growth was the most pronounced in 2015 with an increase of 164% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Free Zones (X units), the United States (X units) and Italy (X units) were the main suppliers of mould for mineral materials imports to Colombia, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of +57.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Free Zones ($X), Italy ($X) and the United States ($X) were the largest mould for mineral materials suppliers to Colombia, together comprising 74% of total imports.

In terms of the main suppliers, Free Zones, with a CAGR of +43.3%, recorded the highest growth rate of 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

In 2022, the average mould for mineral materials import price amounted to $X per unit, declining by -14.6% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 31%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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