Colombia: Refined Lead Market 2025

Refined Lead Market Size in Colombia

The Colombian refined lead market shrank remarkably to $X in 2022, with a decrease of -40.8% 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). Over the period under review, consumption recorded a abrupt descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Refined Lead Exports

Exports from Colombia

Refined lead exports from Colombia skyrocketed to X tons in 2022, picking up by 34% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 207% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, refined lead exports skyrocketed to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 202%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for refined lead exports from Colombia, accounting for a 69% share of total exports. Moreover, refined lead exports to Brazil exceeded the volume sent to the second major destination, the United States (X tons), fivefold. Ecuador (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+27.0% per year) and Ecuador (+39.8% per year).

In value terms, Brazil ($X) remains the key foreign market for refined lead (unwrought) exports from Colombia, comprising 70% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Ecuador, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+25.6% per year) and Ecuador (+35.8% per year).

Export Prices by Country

The average refined lead export price stood at $X per ton in 2022, falling by -5.8% against the previous year. Overall, the export price saw a mild shrinkage. The growth pace was the most rapid in 2017 an increase of 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Brazil ($X per ton), while the average price for exports to Ecuador ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.5%), while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Colombia

In 2022, purchases abroad of refined lead (unwrought) decreased by -12.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 41% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, refined lead imports reduced sharply to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 60%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ecuador (X tons), Peru (X tons) and Venezuela (X tons) were the main suppliers of refined lead imports to Colombia, with a combined 59% share of total imports. Aruba, Mexico, Germany and South Korea lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +30.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refined lead suppliers to Colombia were Aruba ($X), Ecuador ($X) and Venezuela ($X), with a combined 58% share of total imports.

Aruba, with a CAGR of +26.8%, recorded 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 refined lead import price amounted to $X per ton, reducing by -7.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Aruba (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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