Colombia - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights

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Metal Self-Tapping Screw Price in Colombia - 2022

Contents:

  1. Metal Self-Tapping Screw Price in Colombia (CIF) - 2022
  2. Metal Self-Tapping Screw Price in Colombia (FOB) - 2022
  3. Metal Self-Tapping Screw Imports in Colombia
  4. Metal Self-Tapping Screw Exports in Colombia

Metal Self-Tapping Screw Price in Colombia (CIF) - 2022

In February 2022, the average metal self-tapping screw import price amounted to $2,168 per ton, waning by -10.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 an increase of 25% month-to-month. As a result, import price reached the peak level of $2,596 per ton. From October 2021 to February 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Taiwan (Chinese) ($4,864 per ton), while the price for China totaled $2,085 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%).

Metal Self-Tapping Screw Price in Colombia (FOB) - 2022

In 2022, the average metal self-tapping screw export price amounted to $4,067 per ton, with a decrease of -9.1% against the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $7,818 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,000 per ton), while the average price for exports to Bolivia ($379 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 the United States (+1.6%), while the prices for the other major destinations experienced a decline.

Metal Self-Tapping Screw Imports in Colombia

In 2022, the amount of iron or steel self-tapping screws imported into Colombia contracted significantly to 6K tons, waning by -32% on the previous year. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 179%. As a result, imports reached the peak of 8.8K tons, and then contracted rapidly in the following year.

In value terms, metal self-tapping screw imports fell sharply to $11M in 2022. Over the period under review, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by 167%. As a result, imports reached the peak of $16M, and then declined significantly in the following year.

Import of Metal Self-Tapping Screw in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.03.612.18.017.0%
Taiwan (Chinese)2.41.83.01.9-7.5%
Others0.40.50.81.035.7%
Total7.96.015.911.011.7%

Top Suppliers of Metal Self-Tapping Screw to Colombia in 2022:

  1. China (5.0K tons)
  2. Taiwan (Chinese) (0.8K tons)

Metal Self-Tapping Screw Exports in Colombia

After two years of decline, shipments abroad of iron or steel self-tapping screws increased by 18% to 6.5 tons in 2022. Over the period under review, exports, however, showed a dramatic downturn.

In value terms, metal self-tapping screw exports expanded markedly to $26K in 2022. In general, exports, however, recorded a sharp descent.

Export of Metal Self-Tapping Screw in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela7.43.98.410.612.7%
Ecuador16.13.54.25.2-31.4%
United States0.12.13.74.0242.0%
Guatemala10.26.43.11.7-45.0%
Costa Rica9.01.80.21.2-48.9%
Honduras2.40.30.30.4-45.0%
Bolivia0.90.40.10.1-51.9%
Panama7.92.81.5N/A-56.4%
Others9.66.83.13.2-30.7%
Total63.628.024.526.3-25.5%

Top Export Markets for Metal Self-Tapping Screw from Colombia in 2022:

  1. Venezuela (2594.0 kg)
  2. Ecuador (882.0 kg)
  3. United States (853.0 kg)
  4. Costa Rica (696.0 kg)
  5. Guatemala (420.0 kg)
  6. Bolivia (340.0 kg)
  7. Honduras (124.0 kg)
  8. Panama (4.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal self-tapping screw 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)

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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