Colombia: Printing Components Market 2025

Printing Components Market Size in Colombia

The Colombian printing components market contracted to $X in 2022, declining by -9.5% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. 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.

Printing Components Production in Colombia

In value terms, printing components production fell to $X in 2022 estimated in export price. Over the period under review, production showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 31%. Printing components production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Printing Components Exports

Exports from Colombia

In 2022, approx. X tons of printing components were exported from Colombia; increasing by 38% against the previous year's figure. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 346% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, printing components exports surged to $X in 2022. Overall, exports recorded perceptible growth. The growth pace was the most rapid in 2015 with an increase of 202%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for printing components exports from Colombia, with a 35% share of total exports. Moreover, printing components exports to Mexico exceeded the volume sent to the second major destination, Panama (X tons), twofold. The third position in this ranking was taken by Brazil (X kg), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico totaled +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+32.1% per year) and Brazil (+52.6% per year).

In value terms, Mexico ($X) remains the key foreign market for printing components exports from Colombia, comprising 39% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 9.3% share of total exports. It was followed by Venezuela, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico amounted to +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+33.9% per year) and Venezuela (+11.7% per year).

Export Prices by Country

In 2022, the average printing components export price amounted to $X per ton, declining by -8.5% against the previous year. Overall, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 23%. The export price peaked at $X per ton in 2014; however, from 2015 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 Italy ($X per ton), while the average price for exports to the Philippines ($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 Trinidad and Tobago (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Components Imports

Imports into Colombia

In 2022, purchases abroad of printing components decreased by -2.1% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 159% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, printing components imports declined to $X in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 142%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest printing components supplier to Colombia, with a 70% share of total imports. Moreover, printing components imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. The third position in this ranking was held by China (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.2% per year) and China (-2.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of printing components to Colombia, comprising 55% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Brazil, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.1% per year) and Brazil (-5.0% per year).

Import Prices by Country

The average printing components import price stood at $X per ton in 2022, reducing by -2.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2013 when the average import price increased by 73%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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