Colombia - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsulating Board Price in Colombia - 2022
Contents:
- Insulating Board Price in Colombia (CIF) - 2022
- Insulating Board Price in Colombia (FOB) - 2022
- Insulating Board Imports in Colombia
- Insulating Board Exports in Colombia
Insulating Board Price in Colombia (CIF) - 2022
In 2022, the average insulating board import price amounted to $560 per cubic meter, growing by 78% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level 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 Germany ($969 per cubic meter), while the price for Russia ($340 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.1%), while the prices for the other major suppliers experienced a decline.
Insulating Board Price in Colombia (FOB) - 2022
The average insulating board export price stood at $623 per cubic meter in 2022, surging by 3.3% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 225% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($953 per cubic meter), while the average price for exports to Chile ($246 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Insulating Board Imports in Colombia
In 2022, imports of insulating board into Colombia surged to 1.7K cubic meters, growing by 171% on 2021 figures. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 230%. As a result, imports attained the peak of 3.2K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, insulating board imports surged to $937K in 2022. In general, imports saw significant growth. Imports peaked at $1.1M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Insulating Board in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.4 | 92.1 | 52.4 | 726 | 164.1% |
| Chile | 8.3 | 36.5 | 4.7 | 79.8 | 112.6% |
| Russia | 191 | 152 | 15.8 | 43.2 | -39.1% |
| Germany | 7.0 | 9.2 | 0.5 | 39.7 | 78.3% |
| Thailand | 140 | 608 | 84.7 | N/A | -22.2% |
| Others | 36.4 | 176 | 35.6 | 48.5 | 10.0% |
| Total | 421 | 1,074 | 194 | 937 | 30.6% |
Top Suppliers of Insulating Board to Colombia in 2022:
- China (1312.0 cubic meters)
- Chile (169.0 cubic meters)
- Russia (127.0 cubic meters)
- Germany (41.0 cubic meters)
Insulating Board Exports in Colombia
In 2022, insulating board exports from Colombia skyrocketed to 88 cubic meters, growing by 319% compared with 2021. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, insulating board exports soared to $55K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 425% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Insulating Board in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 1.6 | 1.2 | 3.6 | 19.2 | 128.9% |
| Costa Rica | 0.9 | 0.6 | 2.0 | 10.7 | 128.2% |
| Honduras | 0.6 | 0.4 | 1.2 | 5.7 | 111.8% |
| Mexico | 0.2 | N/A | 0.3 | 1.4 | 91.3% |
| Ecuador | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Dominican Republic | N/A | N/A | N/A | 0.3 | 0% |
| Chile | N/A | N/A | 5.1 | 0.2 | -96.1% |
| Others | 0.7 | 0.1 | 0.3 | 16.9 | 189.0% |
| Total | 4.0 | 2.4 | 12.7 | 54.9 | 139.4% |
Top Export Markets for Insulating Board from Colombia in 2022:
- Guatemala (54.0 cubic meters)
- Costa Rica (17.0 cubic meters)
- Honduras (6.0 cubic meters)
- Mexico (3.0 cubic meters)
- Chile (1.0 cubic meters)
- Dominican Republic (1.0 cubic meters)
- Ecuador (1.0 cubic meters)
This report provides an in-depth analysis of the insulating board 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:
- FCL 1650 - Other fibreboard
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
-
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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