Report Update Nov 1, 2024

Colombia - Dolls and Toys - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Colombia: Toy Market 2024

Toy Market Size in Colombia

The Colombian toy market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption posted a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Toy Production in Colombia

In value terms, toy production stood at $X in 2021 estimated in export price. Over the period under review, production posted a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 46%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Toy Exports

Exports from Colombia

After three years of decline, overseas shipments of dolls and toys increased by 134% to X tons in 2021. Over the period under review, total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, toy exports soared to $X in 2021. In general, total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), Mexico (X tons) and the United States (X tons) were the main destinations of toy exports from Colombia, together accounting for 38% of total exports. These countries were followed by Ecuador, Estonia, Australia, Canada, Russia, Panama, South Korea, Belgium, Chile and Venezuela, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +92.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Mexico ($X) were the largest markets for toy exported from Colombia worldwide, with a combined 37% share of total exports. Australia, Canada, Estonia, Ecuador, Russia, South Korea, Belgium, Chile, Panama and Venezuela lagged somewhat behind, together comprising a further 43%.

Among the main countries of destination, Canada, with a CAGR of +403.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average toy export price stood at $X per ton in 2021, increasing by 4.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2014 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Venezuela ($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 Canada (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Toy Imports

Imports into Colombia

Toy imports into Colombia surged to X tons in 2021, picking up by 44% compared with 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 72% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, toy imports surged to $X in 2021. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main toy supplier to Colombia, with a 109% share of total imports. It was followed by Mexico (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.4%.

In value terms, China ($X) constituted the largest supplier of dolls and toys to Colombia, comprising 33% of total imports. The second position in the ranking was held by Mexico ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -2.6%.

Import Prices by Country

In 2021, the average toy import price amounted to $X per ton, picking up by 19% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 40% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dolls and toys in the world?

The United States remains the largest toy consuming country worldwide, comprising approx. 23% of total volume. Moreover, toy consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. India ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of dolls and toys in the world?

China constituted the country with the largest volume of toy production, accounting for 47% of total volume. Moreover, toy production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Brazil, with a 2.7% share.

What are the leading suppliers of dolls and toys to Colombia?

In value terms, China constituted the largest supplier of toy to Colombia, comprising 86% of total imports. The second position in the ranking was occupied by Mexico, with a 4.9% share of total imports.

What are the leading importers of dolls and toys from Colombia?

In value terms, the largest markets for toy exported from Colombia were the United States, Estonia and Ecuador, with a combined 29% share of total exports. The UK, Finland, Australia, China, South Korea, Canada, Chile, Belgium, Russia and Venezuela lagged somewhat behind, together comprising a further 43%.

What is the average export price for dolls and toys in Colombia?

In 2021, the average toy export price amounted to $15,997 per ton, reducing by -4.1% against the previous year.

What is the average import price for dolls and toys in Colombia?

In 2021, the average toy import price amounted to $3,570 per ton, declining by -15.5% against the previous year.

This report provides an in-depth analysis of the toy 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 32401100 - Dolls representing only human beings
Prodcom 32401200 - Toys representing animals or non-human creatures
Prodcom 32401300 - Parts and accessories for dolls representing only human beings
Prodcom 32402000 - Toy trains and their accessories, other reduced-size models or construction sets and constructional toys
Prodcom 32403100 - Wheeled toys designed to be ridden by children (excluding bicycles), dolls
Prodcom 32403200 - Puzzles
Prodcom 32403900 -
Prodcom 32403920 - Toy musical instruments and apparatus, toys put up in sets or outfits (excluding electric trains, scale model assembly kits, c onstruction sets and constructional toys, and puzzles), toys and models incorporating a motor, toy weapons
Prodcom 32403940 - Other toys of plastics
Prodcom 32403960 - Toy die-cast miniature models of metal
Prodcom 32403990 - Other toys n.e.c.

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