Colombia: Market for PVC Floor, Wall and Ceiling Coverings 2025

Market Size for PVC Floor, Wall and Ceiling Coverings in Colombia

The Colombian market for PVC floor, wall and ceiling coverings reduced markedly to $X in 2022, waning by -18.9% 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). Overall, consumption, however, continues to indicate prominent growth. Consumption of peaked at $X in 2021, and then declined sharply in the following year.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Colombia

Exports of PVC floor, wall and ceiling coverings from Colombia declined remarkably to X square meters in 2022, shrinking by -19.7% against the year before. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 60%. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of PVC floor, wall and ceiling coverings fell remarkably to $X in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Colombia, with a 59% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Ecuador exceeded the volume sent to the second major destination, Costa Rica (X square meters), sevenfold. Brazil (X square meters) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador stood at -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+4.9% per year) and Brazil (-24.3% per year).

In value terms, Ecuador ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Colombia, comprising 56% of total exports. The second position in the ranking was held by Costa Rica ($X), with an 8.6% share of total exports. It was followed by Panama, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador totaled -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+8.0% per year) and Panama (-8.2% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, which is down by -2.9% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for PVC floor, wall and ceiling coverings increased by +45.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 34%. The export price peaked at $X per square meter in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per square meter), while the average price for exports to Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Colombia

Imports of PVC floor, wall and ceiling coverings into Colombia fell markedly to X square meters in 2022, waning by -18% compared with the previous year's figure. Overall, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by 57% against the previous year. Over the period under review, imports of attained the peak figure at X square meters in 2021, and then contracted sharply in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings dropped notably to $X in 2022. Over the period under review, total imports indicated tangible growth 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, imports increased by +31.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Colombia, with a 82% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.0%.

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Colombia, comprising 66% of total imports. The second position in the ranking was held by South Korea ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.2%.

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, dropping by -1.8% against the previous year. Overall, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter 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 South Korea ($X per square meter), while the price for China amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.1%).

Source: IndexBox Platform

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