Colombia - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in Colombia - 2022
Contents:
- Base Metal Keys Price in Colombia (FOB) - 2022
- Base Metal Keys Price in Colombia (CIF) - 2022
- Base Metal Keys Exports in Colombia
- Base Metal Keys Imports in Colombia
Base Metal Keys Price in Colombia (FOB) - 2022
In February 2022, the average base metal keys export price amounted to $15,307 per ton, with an increase of 10% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 37% month-to-month. As a result, the export price attained the peak level of $16,374 per ton. From July 2021 to February 2022, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In February 2022, the country with the highest price was Chile ($16,604 per ton), while the average price for exports to Brazil amounted to $13,010 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Price in Colombia (CIF) - 2022
In 2022, the average base metal keys import price amounted to $6,483 per ton, which is down by -8.9% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of 28%. The import price peaked at $11,009 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($14,359 per ton), while the price for China ($5,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Metal Keys Exports in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of base metal keys, when their volume decreased by -21.1% to 226 tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 287 tons, and then fell remarkably in the following year.
In value terms, base metal keys exports contracted significantly to $3.1M in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 90% against the previous year. As a result, the exports attained the peak of $4.1M, and then shrank dramatically in the following year.
| Export of Base Metal Keys in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 685 | 942 | 1,518 | 1,156 | 19.1% |
| Chile | 748 | 623 | 1,372 | 1,045 | 11.8% |
| Brazil | 456 | 431 | 1,017 | 775 | 19.3% |
| Guatemala | 8.2 | 81.1 | 85.8 | 65.3 | 99.7% |
| Others | 137 | 56.6 | 60.9 | 53.1 | -27.1% |
| Total | 2,035 | 2,134 | 4,054 | 3,094 | 15.0% |
Top Export Markets for Base Metal Keys from Colombia in 2022:
- Mexico (93.2 tons)
- Brazil (64.0 tons)
- Chile (61.5 tons)
- Guatemala (4.5 tons)
Base Metal Keys Imports in Colombia
In 2022, the amount of base metal keys imported into Colombia reduced rapidly to 250 tons, with a decrease of -16.1% compared with 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 48%.
In value terms, base metal keys imports shrank rapidly to $1.6M in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 89%. As a result, imports attained the peak of $2.1M, and then fell significantly in the following year.
| Import of Base Metal Keys in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,397 | 748 | 1,483 | 1,123 | -7.0% |
| Mexico | 181 | 87.1 | 137 | 103 | -17.1% |
| Peru | 163 | 33.8 | 123 | 93.1 | -17.0% |
| Others | 364 | 254 | 381 | 304 | -5.8% |
| Total | 2,104 | 1,123 | 2,123 | 1,623 | -8.3% |
Top Suppliers of Base Metal Keys to Colombia in 2022:
- China (220.4 tons)
- Mexico (8.3 tons)
- Peru (6.5 tons)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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