Colombia - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights

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Glass Fibre Mat Price in Colombia - 2021

Contents:

  1. Glass Fibre Mat Price in Colombia (CIF) - 2021
  2. Glass Fibre Mat Price in Colombia (FOB) - 2022
  3. Glass Fibre Mat Imports in Colombia
  4. Glass Fibre Mat Exports in Colombia

Glass Fibre Mat Price in Colombia (CIF) - 2021

The average glass fibre mat import price stood at $2,246 per ton in December 2021, with a decrease of -2.5% against the previous month. Overall, import price indicated a measured expansion from December 2020 to December 2021: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, glass fibre mat import price decreased by -2.9% against September 2021 indices. The growth pace was the most rapid in August 2021 an increase of 45% month-to-month. The import price peaked at $2,314 per ton in September 2021; however, from October 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Brazil ($2,606 per ton), while the price for China totaled $2,245 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Mat Price in Colombia (FOB) - 2022

In 2022, the average glass fibre mat export price amounted to $1,868 per ton, with a decrease of -3.3% against the previous year. Over the period under review, the export price recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $4,047 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,181 per ton), while the average price for exports to the Dominican Republic amounted to $1,559 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.8%), while the prices for the other major destinations experienced a decline.

Glass Fibre Mat Imports in Colombia

In 2022, the amount of glass fibre mats imported into Colombia dropped markedly to 2.3K tons, falling by -19.9% compared with the previous year. Overall, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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 +33.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of 2.9K tons, and then reduced markedly in the following year.

In value terms, glass fibre mat imports fell notably to $3.7M in 2022. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 153%. As a result, imports attained the peak of $5.3M, and then fell remarkably in the following year.

Import of Glass Fibre Mat in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5431,8364,1963,2438.4%
Brazil72.370.321516631.9%
Taiwan (Chinese)10193.61321020.3%
Hong Kong SAR17029.083.670.8-25.3%
EgyptN/AN/A470N/A0%
Others22261.8183103-22.6%
Total3,1072,0905,2803,6855.9%

Top Suppliers of Glass Fibre Mat to Colombia in 2022:

  1. China (2056.0 tons)
  2. Brazil (113.9 tons)
  3. Hong Kong SAR (58.9 tons)
  4. Taiwan (Chinese) (57.5 tons)

Glass Fibre Mat Exports in Colombia

In 2022, after three years of growth, there was significant decline in shipments abroad of glass fibre mats, when their volume decreased by -34.7% to 50 tons. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 226% against the previous year. As a result, the exports attained the peak of 77 tons, and then contracted significantly in the following year.

In value terms, glass fibre mat exports declined rapidly to $94K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 280%. As a result, the exports attained the peak of $148K, and then declined dramatically in the following year.

Export of Glass Fibre Mat in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic8.57.024.855.286.6%
United States3.416.214.031.1109.1%
Nicaragua4.9N/AN/AN/A0%
HaitiN/A10.8N/AN/A0%
PeruN/AN/A69.1N/A0%
PanamaN/AN/A16.9N/A0%
Others1.25.023.57.382.5%
Total18.039.014893.673.2%

Top Export Markets for Glass Fibre Mat from Colombia in 2022:

  1. Dominican Republic (35.4 tons)
  2. United States (14.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre mat 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 23141162 - Glass fibre mats made of filaments
  • Prodcom 23141217 - Glass fibre mats made of glass wool
  • Prodcom 23141210 -
  • Prodcom 23141220 -

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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