Colombia: Refined Lead Market 2022

Refined Lead Market Size in Colombia

In 2020, the Colombian refined lead market decreased by -X% to $X, falling for the second year in a row after six years of growth. Over the period under review, consumption, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Refined Lead Production in Colombia

In value terms, refined lead production dropped to $X in 2020 estimated in export prices. In general, production, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Refined lead production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Refined Lead Exports

Exports from Colombia

In 2020, the amount of refined lead exported from Colombia surged to X tons, growing by X% compared with 2019 figures. In general, exports enjoyed a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined lead exports soared to $X in 2020. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Brazil (X tons) was the main destination for refined lead exports from Colombia, with a X% share of total exports. Moreover, refined lead exports to Brazil exceeded the volume sent to the second major destination, the United States (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Brazil stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Ecuador (+X% per year).

In value terms, Brazil ($X) remains the key foreign market for refined lead exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the United States ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Ecuador (+X% per year).

Export Prices by Country

In 2020, the average refined lead export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price recorded a slight downturn. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the United States ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States, while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Colombia

In 2020, purchases abroad of refined lead increased by X% to X tons for the first time since 2015, thus ending a four-year declining trend. In general, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, refined lead imports reduced slightly to $X in 2020. Over the period under review, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

Ecuador (X tons), Peru (X tons) and Mexico (X tons) were the main suppliers of refined lead imports to Colombia, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Ecuador, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest refined lead suppliers to Colombia were Ecuador ($X), Peru ($X) and Mexico ($X), together accounting for X% of total imports.

Ecuador saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average refined lead import price amounted to $X per ton, waning by -X% against the previous year. In general, the import price saw a slight descent. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Venezuela ($X per ton) and Peru ($X per ton), while the price for Ecuador ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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