Report Update Nov 1, 2024

Colombia - Pyrites - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Pyrites Market 2024

Pyrites Market Size in Colombia

In 2022, after seven years of growth, there was significant decline in the Colombian pyrites market, when its value decreased by -21.9% to $X. In general, consumption, however, showed a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted notably in the following year.

Pyrites Exports

Exports from Colombia

In 2022, the amount of pyrites exported from Colombia stood at X kg, remaining stable against 2021 figures. Overall, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2019 when exports increased by 2,000% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pyrites exports amounted to $X in 2022. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2019 with an increase of 3,100% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X kg) was the main destination for pyrites exports from Colombia, accounting for a 100% share of total exports. Moreover, pyrites exports to Peru exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru amounted to -55.0%.

In value terms, Peru ($X) remains the key foreign market for pyrites exports from Colombia, comprising 81% of total exports. The second position in the ranking was held by China ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru amounted to -57.9%.

Export Prices by Country

In 2022, the average pyrites export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price saw a noticeable decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 52% 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 China ($X per ton), while the average price for exports to Peru totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-6.4%).

Pyrites Imports

Imports into Colombia

After five years of growth, supplies from abroad of pyrites decreased by -20.8% to X tons in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 326%. Imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, pyrites imports declined remarkably to $X in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 175% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of pyrites to Colombia, with a 74% share of total imports. Moreover, pyrites imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), tenfold. The third position in this ranking was taken by Austria (X tons), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +67.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+28.5% per year) and Austria (+23.0% per year).

In value terms, the largest pyrites suppliers to Colombia were the United States ($X), Australia ($X) and Austria ($X), with a combined 87% share of total imports.

The United States, with a CAGR of +54.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 pyrites import price amounted to $X per ton, waning by -2.6% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Australia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrites in the world?

China constituted the country with the largest volume of pyrites consumption, accounting for 33% of total volume. Moreover, pyrites consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Japan, with a 7.5% share.

What are the largest producers of pyrites in the world?

The country with the largest volume of pyrites production was China, comprising approx. 30% of total volume. Moreover, pyrites production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of pyrites to Colombia?

In value terms, the United States, Australia and Austria were the largest pyrites suppliers to Colombia, with a combined 94% share of total imports.

What is the average export price for pyrites in Colombia?

The average pyrites export price stood at $1,524 per ton in 2019, picking up by 52% against the previous year.

What is the average import price for pyrites in Colombia?

In 2021, the average pyrites import price amounted to $603 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the pyrites market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023