Colombia: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Colombia

The Colombian solid vulcanised rubber sheet market skyrocketed to $X in 2022, growing by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Colombia

In 2022, after three years of decline, there was significant growth in shipments abroad of plates, sheets, strips for floor covering of solid vulcanised rubber, when their volume increased by 52% to X tons. Overall, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 135% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, solid vulcanised rubber sheet exports soared to $X in 2022. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 209% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for solid vulcanised rubber sheet exports from Colombia, with a 66% share of total exports. Moreover, solid vulcanised rubber sheet exports to Argentina exceeded the volume sent to the second major destination, Chile (X tons), sixfold. The United States (X tons) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina amounted to +342.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+19.5% per year) and the United States (+2.5% per year).

In value terms, Argentina ($X) remains the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from Colombia, comprising 50% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by Chile, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at +221.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+24.7% per year) and Chile (+24.1% per year).

Export Prices by Country

The average solid vulcanised rubber sheet export price stood at $X per ton in 2022, surging by 19% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, solid vulcanised rubber sheet export price increased by +90.7% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 31%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Chile ($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 Guatemala (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Colombia

In 2022, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were imported into Colombia; picking up by 20% compared with the previous year. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 31%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of solid vulcanised rubber sheet to Colombia, accounting for a 54% share of total imports. Moreover, solid vulcanised rubber sheet imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+18.7% per year) and Italy (+16.1% per year).

In value terms, the largest solid vulcanised rubber sheet suppliers to Colombia were the United States ($X), China ($X) and Italy ($X), with a combined 58% share of total imports. Thailand, Taiwan (Chinese), Spain, Vietnam and the Netherlands lagged somewhat behind, together comprising a further 18%.

In terms of the main suppliers, Vietnam, with a CAGR of +142.9%, saw the highest rates of growth with regard to 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 solid vulcanised rubber sheet import price amounted to $X per ton, shrinking by -3% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 55% against the previous year. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :