Colombia - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Colombia - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fiber Price in Colombia - 2022

Contents:

  1. Glass Fiber Price in Colombia (FOB) - 2022
  2. Glass Fiber Price in Colombia (CIF) - 2022
  3. Glass Fiber Exports in Colombia
  4. Glass Fiber Imports in Colombia

Glass Fiber Price in Colombia (FOB) - 2022

The average glass fiber export price stood at $2,235 per ton in 2022, surging by 8.2% against the previous year. In general, the export price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, the average export prices attained the maximum at $2,983 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($3,105 per ton), while the average price for exports to Chile ($1,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fiber Price in Colombia (CIF) - 2022

The average glass fiber import price stood at $3,488 per ton in 2022, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,751 per ton), while the price for Hong Kong SAR ($1,202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fiber Exports in Colombia

In 2022, the amount of voiles, webs, mats and other articles of glass fibers exported from Colombia declined markedly to 4.7K tons, with a decrease of -21.8% compared with the previous year's figure. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 72%. As a result, the exports attained the peak of 5.9K tons, and then plummeted in the following year.

In value terms, glass fiber exports contracted significantly to $10M in 2022. Overall, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $12M, and then declined sharply in the following year.

Export of Glass Fiber in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4,9293,6644,4453,552-10.3%
Peru1,4611,8641,9281,5141.2%
Mexico1,3054661,7891,4112.6%
Chile12822469753961.5%
Ecuador935658539523-17.6%
Honduras18328164451240.9%
Panama55787.6277427-8.5%
Costa Rica18989.836738526.8%
El Salvador21926034637820.0%
Dominican Republic262240238256-0.8%
Cuba410161312250-15.2%
United Kingdom282312301239-5.4%
Guatemala285275187185-13.4%
Others412211223228-17.9%
Total11,5578,79412,29410,398-3.5%

Top Export Markets for Glass Fiber from Colombia in 2022:

  1. United States (1607.6 tons)
  2. Mexico (813.8 tons)
  3. Peru (672.7 tons)
  4. Chile (314.3 tons)
  5. Honduras (219.4 tons)
  6. Ecuador (170.8 tons)
  7. Panama (141.0 tons)
  8. Costa Rica (131.5 tons)
  9. El Salvador (121.9 tons)
  10. Dominican Republic (118.0 tons)
  11. United Kingdom (104.3 tons)
  12. Cuba (93.0 tons)
  13. Guatemala (84.6 tons)

Glass Fiber Imports in Colombia

Glass fiber imports into Colombia contracted to 3.9K tons in 2022, remaining constant against 2021 figures. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +49.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of 3.9K tons, and then contracted modestly in the following year.

In value terms, glass fiber imports rose remarkably to $13M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Glass Fiber in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.02.85.96.417.0%
United States2.31.72.72.86.8%
Mexico0.80.81.11.420.5%
Brazil0.30.30.60.518.6%
Taiwan (Chinese)0.10.10.10.10.0%
Hong Kong SAR0.2N/A0.10.1-20.6%
EgyptN/AN/A0.5N/A0%
Others1.91.31.52.13.4%
Total9.77.012.313.511.6%

Top Suppliers of Glass Fiber to Colombia in 2022:

  1. China (2851.9 tons)
  2. Mexico (398.8 tons)
  3. United States (157.8 tons)
  4. Brazil (148.5 tons)
  5. Taiwan (Chinese) (59.5 tons)
  6. Hong Kong SAR (58.9 tons)
  7. Egypt (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fiber 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 23141210 -
  • Prodcom 23141230 -
  • Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
  • Prodcom 23141293 -
  • Prodcom 23141295 -
  • Prodcom 23141299 -

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Voiles, Webs, Mats And Other Articles Of Glass Fibers - Colombia