Colombia - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Metal Permanent Magnet Price in Colombia - 2022
Contents:
- Non-Metal Permanent Magnet Price in Colombia (CIF) - 2022
- Non-Metal Permanent Magnet Price in Colombia (FOB) - 2022
- Non-Metal Permanent Magnet Imports in Colombia
- Non-Metal Permanent Magnet Exports in Colombia
Non-Metal Permanent Magnet Price in Colombia (CIF) - 2022
In 2022, the average non-metal permanent magnet import price amounted to $2,134 per ton, approximately reflecting the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2015 an increase of 7.3%. As a result, import price attained the peak level of $2,446 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,895 per ton), while the price for Germany stood at $1,736 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%).
Non-Metal Permanent Magnet Price in Colombia (FOB) - 2022
The average non-metal permanent magnet export price stood at $8,499 per ton in 2022, rising by 20% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 126%. As a result, the export price attained the peak level of $19,072 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($7,197 per ton) and Chile ($4,975 per ton), while the average price for exports to Ecuador ($4,963 per ton) and Peru ($4,967 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Metal Permanent Magnet Imports in Colombia
In 2022, imports of non-metal permanent magnets into Colombia reached 1.5K tons, remaining constant against 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +54.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, non-metal permanent magnet imports reached $3.2M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +44.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Non-Metal Permanent Magnet in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.3 | 1.8 | 2.1 | 7.3% |
| Germany | 0.4 | 0.7 | 1.1 | 0.7 | 20.5% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 2.4 | 2.2 | 3.2 | 3.2 | 10.1% |
Top Suppliers of Non-Metal Permanent Magnet to Colombia in 2022:
- China (1129.2 tons)
- Germany (375.9 tons)
Non-Metal Permanent Magnet Exports in Colombia
Non-metal permanent magnet exports from Colombia skyrocketed to 86 tons in 2022, increasing by 36% against the year before. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 175%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, non-metal permanent magnet exports surged to $735K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 122% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Non-Metal Permanent Magnet in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 94.0 | 87.1 | 259 | 324 | 51.1% |
| Argentina | 16.5 | 34.1 | 49.3 | 47.2 | 42.0% |
| Chile | 50.4 | 35.7 | 42.8 | 18.8 | -28.0% |
| Others | 155 | 46.9 | 102 | 345 | 30.6% |
| Total | 316 | 204 | 453 | 735 | 32.5% |
Top Export Markets for Non-Metal Permanent Magnet from Colombia in 2022:
- Ecuador (65.3 tons)
- Argentina (6.6 tons)
- Chile (3.8 tons)
This report provides an in-depth analysis of the non-metal permanent magnet 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 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)
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
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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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Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
631
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
1206
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
1931
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
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Discover the leading countries in the global market for metal permanent magnets and their import values for 2023. Gain insights into key players and market trends in this industry.
253
Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
631
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
1206
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
1931
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
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Discover the leading countries in the global market for metal permanent magnets and their import values for 2023. Gain insights into key players and market trends in this industry.
