Colombia - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 25, 2024

Colombia - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Mineral Wool Price in Colombia - 2022

Contents:

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

Mineral Wool Price in Colombia (CIF) - 2022

The average mineral wool import price stood at $3,917 per ton in February 2022, growing by 12% against the previous month. Overall, import price indicated tangible growth from February 2021 to February 2022: 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 February 2022 figures, mineral wool import price increased by +20.5% against December 2021 indices. The growth pace was the most rapid in September 2021 an increase of 57% against the previous month. Over the period under review, average import prices attained the maximum at $4,229 per ton in November 2021; however, from December 2021 to February 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was the United States ($5,005 per ton), while the price for the Netherlands ($1,753 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mineral Wool Price in Colombia (FOB) - 2022

In 2022, the average mineral wool export price amounted to $1,262 per ton, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 9.1% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,087 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($1,793 per ton), while the average price for exports to Trinidad and Tobago ($332 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 Peru (-1.6%), while the prices for the other major destinations experienced a decline.

Mineral Wool Imports in Colombia

Mineral wool imports into Colombia reduced dramatically to 845 tons in 2022, with a decrease of -24.8% on the previous year. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year.

In value terms, mineral wool imports contracted to $1.6M in 2022. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year.

Import of Mineral Wool in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45922838863311.3%
United States444576408216-21.4%
France1631111311935.8%
Mexico72.248.110215127.9%
Germany11.95.733.288.094.8%
Brazil32.422.585.029.0-3.6%
TurkeyN/AN/A47.011.6-75.3%
Netherlands91.320.722.711.2-50.3%
Others700342593249-29.1%
Total1,9751,3531,8091,581-7.1%

Top Suppliers of Mineral Wool to Colombia in 2022:

  1. China (318.2 tons)
  2. United States (163.3 tons)
  3. France (69.8 tons)
  4. Mexico (51.9 tons)
  5. Germany (51.2 tons)
  6. Turkey (35.8 tons)
  7. Brazil (11.6 tons)
  8. Netherlands (6.4 tons)

Mineral Wool Exports in Colombia

Mineral wool exports from Colombia shrank rapidly to 499 tons in 2022, declining by -19.1% against the previous year's figure. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year.

In value terms, mineral wool exports shrank remarkably to $630K in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year.

Export of Mineral Wool in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile80.033.811113920.2%
Ecuador24095.8160122-20.2%
Peru12510575.374.7-15.8%
Honduras61.238.070.349.9-6.6%
Bolivia9.72.149.535.153.5%
Costa Rica4.614.045.232.090.9%
Jamaica17.922.427.219.32.5%
BahamasN/AN/A78.0N/A0%
Others365178154158-24.4%
Total904490770630-11.3%

Top Export Markets for Mineral Wool from Colombia in 2022:

  1. Chile (107.3 tons)
  2. Ecuador (104.9 tons)
  3. Peru (60.8 tons)
  4. Jamaica (44.8 tons)
  5. Costa Rica (30.3 tons)
  6. Honduras (27.8 tons)
  7. Bolivia (23.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

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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In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

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In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...

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In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

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In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

Free Data: Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Colombia