Report Colombia - Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Colombia - Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Colombia

The Colombian pyrotechnic articles market surged to $X in 2021, rising by 120% 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, however, recorded a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pyrotechnic Articles Exports

Exports from Colombia

In 2021, overseas shipments of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by 4,827% to X kg for the first time since 2016, thus ending a four-year declining trend. Overall, exports continue to indicate a prominent increase. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, pyrotechnic articles exports surged to $X in 2021. Over the period under review, exports posted a remarkable increase. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X kg) was the main destination for pyrotechnic articles exports from Colombia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Panama amounted to +10.0%.

In value terms, Panama ($X) also remains the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from Colombia.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama totaled +5.7%.

Export Prices by Country

The average pyrotechnic articles export price stood at $X per ton in 2021, dropping by -56.5% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 130% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2021, the rate of growth in terms of prices for Panama amounted to -3.9% per year.

Pyrotechnic Articles Imports

Imports into Colombia

Pyrotechnic articles imports into Colombia surged to X tons in 2021, picking up by 100% on 2020 figures. Over the period under review, imports, however, faced a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by 225%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pyrotechnic articles imports soared to $X in 2021. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 198%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), the United States (X tons) and China (X tons) were the main suppliers of pyrotechnic articles imports to Colombia, with a combined 73% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +81.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrotechnic articles suppliers to Colombia were Spain ($X), the United States ($X) and China ($X), together comprising 80% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +74.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrotechnic articles import price stood at $X per ton in 2021, rising by 35% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2015 an increase of 109% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for signalling flares, rain rockets, fog signals and other pyrotechnic articles in the world?

The countries with the highest volumes of pyrotechnic articles consumption in 2021 were China, the United States and India, with a combined 45% share of global consumption. These countries were followed by the UK, Pakistan, Brazil, Indonesia, Russia, Afghanistan, Mexico, France, Ethiopia and Turkey, which together accounted for a further 29%.

What are the largest producers of signalling flares, rain rockets, fog signals and other pyrotechnic articles in the world?

China remains the largest pyrotechnic articles producing country worldwide, accounting for 25% of total volume. Moreover, pyrotechnic articles production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.6% share.

What are the leading suppliers of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Colombia?

In value terms, Spain, the United States and South Africa appeared to be the largest pyrotechnic articles suppliers to Colombia, together accounting for 85% of total imports.

What is the average export price for signalling flares, rain rockets, fog signals and other pyrotechnic articles in Colombia?

The average pyrotechnic articles export price stood at $57,418 per ton in 2018, approximately reflecting the previous year.

What is the average import price for signalling flares, rain rockets, fog signals and other pyrotechnic articles in Colombia?

The average pyrotechnic articles import price stood at $46,889 per ton in 2021, jumping by 34% against the previous year.

This report provides an in-depth analysis of the pyrotechnic articles 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:

Prodcom 20511400 - Signalling flares, rain rockets, fog signals and other pyrotechnic articles (excluding fireworks)

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