Colombia: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in Colombia

The Colombian semi-chemical fluting market soared to $X in 2021, picking up by 23% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Semi-Chemical Fluting Production in Colombia

In value terms, semi-chemical fluting production surged to $X in 2021 estimated in export price. Over the period under review, production posted a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 53%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Semi-Chemical Fluting Exports

Exports from Colombia

In 2021, the amount of semi-chemical fluting exported from Colombia soared to X tons, rising by 86% on the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 616% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, semi-chemical fluting exports soared to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 443%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The Dominican Republic (X tons) was the main destination for semi-chemical fluting exports from Colombia, with a 87% share of total exports. Moreover, semi-chemical fluting exports to the Dominican Republic exceeded the volume sent to the second major destination, El Salvador (X tons), more than tenfold. The third position in this ranking was held by Costa Rica (X tons), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Dominican Republic stood at +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-58.8% per year) and Costa Rica (+85.4% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for semi-chemical fluting exports from Colombia, comprising 86% of total exports. The second position in the ranking was held by El Salvador ($X), with a 6.7% share of total exports. It was followed by Costa Rica, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to the Dominican Republic totaled +49.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-58.5% per year) and Costa Rica (+80.9% per year).

Export Prices by Country

In 2021, the average semi-chemical fluting export price amounted to $X per ton, dropping by -2.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Guatemala ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports into Colombia

In 2021, purchases abroad of semi-chemical fluting increased by 6.2% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, semi-chemical fluting imports surged to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Poland (X tons) and Russia (X tons) were the main suppliers of semi-chemical fluting imports to Colombia, together comprising 64% of total imports. These countries were followed by South Africa, Germany, Canada, Finland and Ecuador, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +6,349.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and Russia ($X) appeared to be the largest semi-chemical fluting suppliers to Colombia, with a combined 64% share of total imports. These countries were followed by South Africa, Canada, Germany, Ecuador and Finland, which together accounted for a further 32%.

South Africa, with a CAGR of +6,331.2%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the average semi-chemical fluting import price amounted to $X per ton, growing by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2018 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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