Report Update Nov 1, 2024

Colombia - Zinc Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Market for Zinc Ores And Concentrates 2024

Market Size for Zinc Ores And Concentrates in Colombia

In 2021, the Colombian zinc ores and concentrates market decreased by -12.4% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Zinc Ores And Concentrates

Exports from Colombia

For the fourth year in a row, Colombia recorded growth in shipments abroad of zinc ores and concentrates, which increased by 12% to X tons in 2021. The total export volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 53% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, zinc ores and concentrates exports soared to $X in 2021. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for zinc ores and concentrates exports from Colombia, accounting for a 99% share of total exports. It was followed by Peru (X kg), with a 0.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Trinidad and Tobago was relatively modest.

In value terms, Trinidad and Tobago ($X) emerged as the key foreign market for zinc ores and concentrates exports from Colombia, comprising 99% of total exports. The second position in the ranking was taken by Peru ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Trinidad and Tobago was relatively modest.

Export Prices by Country

The average zinc ores and concentrates export price stood at $X per ton in 2021, growing by 31% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc ores and concentrates export price increased by +2.2% against 2017 indices. The growth pace was the most rapid in 2017 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Peru totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-0.7%).

Imports of Zinc Ores And Concentrates

Imports into Colombia

For the fourth year in a row, Colombia recorded decline in supplies from abroad of zinc ores and concentrates, which decreased by -39.7% to X tons in 2021. Overall, imports faced a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 29%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, zinc ores and concentrates imports rose significantly to $X in 2021. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 95%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Mexico (X tons) was the main supplier of zinc ores and concentrates to Colombia, with a 96% share of total imports. Moreover, zinc ores and concentrates imports from Mexico exceeded the figures recorded by the second-largest supplier, Argentina (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico totaled -10.9%.

In value terms, Mexico ($X) constituted the largest supplier of zinc ores and concentrates to Colombia, comprising 94% of total imports. The second position in the ranking was taken by Argentina ($X), with a 2.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico was relatively modest.

Import Prices by Country

In 2021, the average zinc ores and concentrates import price amounted to $X per ton, with an increase of 87% against the previous year. In general, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for Argentina stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for zinc ores and concentrates in the world?

The countries with the highest volumes of in 2021 were India, China and South Korea, together comprising 46% of global consumption. These countries were followed by Australia, Japan, Kazakhstan, Ireland, Mexico, Spain, Belgium, Canada, Finland and the Netherlands, which together accounted for a further 32%.

What are the largest producers of zinc ores and concentrates in the world?

The countries with the highest volumes of in 2021 were India, Australia and Peru, together comprising 50% of global production. The United States, Turkey, Kazakhstan, Mexico, Ireland, Bolivia, Sweden, Portugal, Russia and South Africa lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of zinc ores and concentrates to Colombia?

In value terms, Mexico constituted the largest supplier of zinc ores and concentrates to Colombia.

What is the average export price for zinc ores and concentrates in Colombia?

The average zinc ores and concentrates export price stood at $1,244 per ton in 2021, approximately reflecting the previous year.

What is the average import price for zinc ores and concentrates in Colombia?

In 2021, the average zinc ores and concentrates import price amounted to $917 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the market for zinc ores and concentrates 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 07291520 -

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