Colombia: Paper File Cover Market 2024

Paper File Cover Market Size in Colombia

The Colombian paper file cover market contracted to $X in 2022, falling by -5% against the previous year. Overall, consumption showed a pronounced downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Paper File Cover Production in Colombia

In value terms, paper file cover production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Paper File Cover Exports

Exports from Colombia

In 2022, approx. X tons of paper binders, folders and file covers were exported from Colombia; declining by -29.6% on 2021. Overall, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, paper file cover exports declined rapidly to $X in 2022. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons), Panama (X tons) and Ecuador (X tons) were the main destinations of paper file cover exports from Colombia, together accounting for 87% of total exports.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of -8.4%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for paper file cover exported from Colombia were Panama ($X), Ecuador ($X) and Venezuela ($X), with a combined 80% share of total exports.

Panama, with a CAGR of -12.2%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 paper file cover export price stood at $X per ton in 2022, rising by 3.9% against the previous year. In general, the export price, however, saw a drastic downturn. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Venezuela ($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 Mexico (+4.3%), while the prices for the other major destinations experienced a decline.

Paper File Cover Imports

Imports into Colombia

In 2022, the amount of paper binders, folders and file covers imported into Colombia fell to X tons, dropping by -7.9% against the previous year. Over the period under review, imports faced a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 216% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, paper file cover imports fell to $X in 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 241% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of paper file cover to Colombia, accounting for a 95% share of total imports. It was followed by Spain (X tons), with a 2.7% share of total imports. Brazil (X tons) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.5% per year) and Brazil (+44.1% per year).

In value terms, China ($X) constituted the largest supplier of paper binders, folders and file covers to Colombia, comprising 85% of total imports. The second position in the ranking was held by Spain ($X), with a 7.1% share of total imports. It was followed by Brazil, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.2% per year) and Brazil (+30.1% per year).

Import Prices by Country

The average paper file cover import price stood at $X per ton in 2022, falling by -4.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 ($X per ton), while the price for China ($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 (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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