Report Update Nov 1, 2024

Colombia - Spindles and Spindle Flyers, Spinning Ring and Ring Travellers - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Colombia

The Colombian spindles and spindle flyer market was finally on the rise to reach $X in 2022, after four years of decline. Overall, consumption, however, recorded a abrupt setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Colombia

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers exported from Colombia dropped markedly to X kg, with a decrease of -36% on 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 213%. Over the period under review, the exports hit record highs at X kg in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, spindles and spindle flyer exports reduced sharply to $X in 2022. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

From 2013 to 2022, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2013 to 2022, the average annual rate of growth in terms of value to No country was relatively modest.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Colombia

In 2022, after four years of decline, there was significant growth in overseas purchases of spindles and spindle flyers, spinning ring and ring travellers, when their volume increased by 15% to X kg. Over the period under review, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by 124% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spindles and spindle flyer imports expanded sharply to $X in 2022. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 81%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X kg), Switzerland (X kg) and Germany (X kg) were the main suppliers of spindles and spindle flyer imports to Colombia, together accounting for 63% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +7.4%), while purchases for the other leaders experienced a decline.

In value terms, Switzerland ($X) constituted the largest supplier of spindles and spindle flyers, spinning ring and ring travellers to Colombia, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.6% per year) and China (+15.1% per year).

Import Prices by Country

In 2022, the average spindles and spindle flyer import price amounted to $X per ton, leveling off at the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spindles and spindle flyer import price decreased by -5.8% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 69% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.5%), 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 spindles and spindle flyers, spinning ring and ring travellers in the world?

The countries with the highest volumes of in 2021 were Pakistan, the Czech Republic and Luxembourg, with a combined 39% share of global consumption. Oman, Nigeria, Indonesia, Malaysia, Germany, Bangladesh, India, Vietnam and Hong Kong SAR lagged somewhat behind, together comprising a further 41%.

What are the largest producers of spindles and spindle flyers, spinning ring and ring travellers in the world?

The Czech Republic remains the largest spindles and spindle flyer producing country worldwide, accounting for 46% of total volume. Moreover, spindles and spindle flyer production in the Czech Republic exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by China, with an 11% share.

What are the leading suppliers of spindles and spindle flyers, spinning ring and ring travellers to Colombia?

In value terms, Japan constituted the largest supplier of spindles and spindle flyer to Colombia, comprising 31% of total imports. The second position in the ranking was occupied by the United States, with a 14% share of total imports. It was followed by the Czech Republic, with a 13% share.

What is the average export price for spindles and spindle flyers, spinning ring and ring travellers in Colombia?

In 2020, the average spindles and spindle flyer export price amounted to $63,182 per ton, reducing by -12% against the previous year.

What is the average import price for spindles and spindle flyers, spinning ring and ring travellers in Colombia?

In 2021, the average spindles and spindle flyer import price amounted to $80,323 per ton, dropping by -10.3% against the previous year.

This report provides an in-depth analysis of the market for spindles and spindle flyer 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 28945130 - Spindles and spindle flyers, spinning ring and ring travellers

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