Colombia: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2025

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Colombia

The Colombian non-cellular polyvinyl chloride film market declined slightly to $X in 2022, waning by -1.5% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped modestly in the following year.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Colombia

In value terms, non-cellular polyvinyl chloride film production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 23% against the previous year. Non-cellular polyvinyl chloride film production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Colombia

In 2022, the amount of non-cellular polyvinyl chloride films, sheets, foil and strip exported from Colombia fell remarkably to X tons, reducing by -21% on the previous year. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by 26% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-cellular polyvinyl chloride film exports declined slightly to $X in 2022. Over the period under review, exports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for non-cellular polyvinyl chloride film exports from Colombia, accounting for a 38% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to the United States exceeded the volume sent to the second major destination, Chile (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-6.9% per year) and Mexico (-3.5% per year).

In value terms, the United States ($X) remains the key foreign market for non-cellular polyvinyl chloride films, sheets, foil and strip exports from Colombia, comprising 37% of total exports. The second position in the ranking was taken by Mexico ($X), with a 14% share of total exports. It was followed by Chile, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.0% per year) and Chile (-3.6% per year).

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, picking up by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Venezuela ($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 the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Colombia

In 2022, supplies from abroad of non-cellular polyvinyl chloride films, sheets, foil and strip decreased by -10.8% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, non-cellular polyvinyl chloride film imports dropped slightly to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

China (X tons), Germany (X tons) and Turkey (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to Colombia, with a combined 51% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +63.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyvinyl chloride film suppliers to Colombia were Germany ($X), China ($X) and Turkey ($X), together comprising 47% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +65.6%, saw 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 non-cellular polyvinyl chloride film import price amounted to $X per ton, increasing by 9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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