Colombia - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAluminium Bar Price in Colombia - 2022
Contents:
- Aluminium Bar Price in Colombia (CIF) - 2022
- Aluminium Bar Price in Colombia (FOB) - 2022
- Aluminium Bar Imports in Colombia
- Aluminium Bar Exports in Colombia
Aluminium Bar Price in Colombia (CIF) - 2022
The average aluminium bar import price stood at $4,996 per ton in February 2022, growing by 7.7% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in September 2021 an increase of 11% against the previous month. The import price peaked in February 2022.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Mexico ($9,076 per ton), while the price for Ecuador ($4,834 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Bar Price in Colombia (FOB) - 2022
The average aluminium bar export price stood at $5,912 per ton in February 2022, almost unchanged from the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in November 2021 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the peak figure at $5,964 per ton in January 2022, and then dropped in the following month.
Average prices varied noticeably for the major export markets. In February 2022, the highest price was recorded for prices to the United States ($6,049 per ton) and Ecuador ($5,641 per ton), while the average price for exports to Peru ($5,181 per ton) and France ($5,560 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Bar Imports in Colombia
After three years of growth, supplies from abroad of aluminium bars, rods and profiles decreased by -10.5% to 24K tons in 2022. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of 27K tons, and then fell in the following year.
In value terms, aluminium bar imports reduced remarkably to $78M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of $98M, and then reduced markedly in the following year.
| Import of Aluminium Bar in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.0 | 49.3 | 79.0 | 62.6 | 7.1% |
| Ecuador | 6.3 | 5.1 | 10.2 | 8.1 | 8.7% |
| Spain | 1.3 | 1.1 | 2.5 | 2.0 | 15.4% |
| Others | 5.1 | 2.8 | 6.7 | 5.6 | 3.2% |
| Total | 63.7 | 58.2 | 98.4 | 78.3 | 7.1% |
Top Suppliers of Aluminium Bar to Colombia in 2022:
- China (20.5K tons)
- Ecuador (2.5K tons)
- Spain (0.4K tons)
Aluminium Bar Exports in Colombia
In 2022, shipments abroad of aluminium bars, rods and profiles decreased by -10.6% to 8.6K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 9.6K tons, and then reduced in the following year.
In value terms, aluminium bar exports dropped to $41M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $48M, and then dropped in the following year.
| Export of Aluminium Bar in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.6 | 27.4 | 39.0 | 33.1 | 11.9% |
| Ecuador | 4.4 | 4.4 | 5.9 | 5.0 | 4.4% |
| France | 0.4 | 0.1 | 1.2 | 1.0 | 35.7% |
| Others | 1.8 | 1.7 | 1.8 | 1.6 | -3.9% |
| Total | 30.1 | 33.5 | 47.9 | 40.7 | 10.6% |
Top Export Markets for Aluminium Bar from Colombia in 2022:
- United States (6.9K tons)
- Ecuador (1.1K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
- Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
517
This report provides an in-depth analysis of the aluminium bar market in Colombia.
346
This report provides an in-depth analysis of the non-alloy aluminium bar market in Colombia.
1394
This report provides an in-depth analysis of the global aluminium bar market.
721
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
277
This report provides an in-depth analysis of the aluminium alloy bar market in Colombia.
517
This report provides an in-depth analysis of the aluminium bar market in Colombia.
346
This report provides an in-depth analysis of the non-alloy aluminium bar market in Colombia.
371
Global Aluminium Alloy Bar Market Report 2018. This report provides an in-depth analysis of the global aluminium alloy bar market.
1394
This report provides an in-depth analysis of the global aluminium bar market.
721
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
71
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
233
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
783
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>
1204
In value terms, aluminium wire exports amounted to $X in 2016. In general, aluminium wire exports continue to indicate a relatively flat trend pattern. Over the period under review, global aluminiu...
1367
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
737
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
1884
China dominates in the global aluminium bar, rod and profile trade. In 2014, China exported X thousand tons of aluminium bars, rods and profiles totaling X million USD, X% over the previous year. Its primary trading partner was Malaysia, where
71
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
233
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
783
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>
