Report Update: Apr 1, 2024

Colombia - Articles of Plaster or of Compositions Based On Plaster - Market Analysis, Forecast, Size, Trends and Insights

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Plaster Article Price in Colombia - 2022

Plaster Article Price in Colombia (CIF) - 2022

The average plaster article import price stood at $0.2 per square meter in 2022, remaining relatively unchanged against the previous year. Overall, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum at $0.2 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Free Zones ($0.2 per square meter), while the price for Mexico amounted to $0.2 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-1.3%).

Plaster Article Price in Colombia (FOB) - 2022

The average plaster article export price stood at $0.2 per square meter in 2022, declining by -3.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. The export price peaked at $0.4 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($0.3 per square meter), while the average price for exports to Jamaica ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+499.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports in Colombia

In 2022, supplies from abroad of articles of plaster or of compositions based on plaster decreased by -8.1% to 83M square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. Over the period under review, imports attained the peak figure at 90M square meters in 2021, and then contracted in the following year.

In value terms, plaster article imports fell to $16M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Over the period under review, imports hit record highs at $18M in 2021, and then contracted in the following year.

Import of Plaster Article in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Free Zones	3.5	13.5	16.3	13.9	58.4%
Mexico	3.6	N/A	0.1	1.0	-34.8%
Others	1.0	0.8	1.2	1.0	0.0%
Total	8.0	14.3	17.6	16.0	26.0%

Top Suppliers of Plaster Article to Colombia in 2022:

Free Zones (75.7M square meters)
Mexico (5.7M square meters)

Plaster Article Exports in Colombia

After three years of growth, shipments abroad of articles of plaster or of compositions based on plaster decreased by -4.3% to 46M square meters in 2022. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4%. As a result, the exports reached the peak of 48M square meters, and then dropped in the following year.

In value terms, plaster article exports fell to $11M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of $12M, and then declined in the following year.

Export of Plaster Article in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ecuador	5,047	4,916	5,686	5,060	0.1%
Panama	1,239	725	2,218	1,976	16.8%
Trinidad and Tobago	814	853	838	772	-1.8%
Guyana	433	538	667	594	11.1%
Aruba	414	460	552	492	5.9%
United States	497	398	447	415	-5.8%
Honduras	441	439	422	411	-2.3%
Jamaica	489	334	390	348	-10.7%
Peru	240	833	82.3	327	10.9%
Barbados	154	263	259	277	21.6%
Suriname	207	236	195	174	-5.6%
Others	199	256	299	308	15.7%
Total	10,172	10,252	12,056	11,154	3.1%

Top Export Markets for Plaster Article from Colombia in 2022:

Ecuador (22.0M square meters)
Panama (8.9M square meters)
Trinidad and Tobago (3.2M square meters)
Guyana (2.2M square meters)
Jamaica (1.7M square meters)
Peru (1.5M square meters)
Honduras (1.4M square meters)
United States (1.4M square meters)
Aruba (1.4M square meters)
Barbados (0.9M square meters)
Suriname (0.7M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plaster article 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 23621050 - Boards, sheets, panels, tiles and similar articles of plaster or of compositions based on plaster, faced or reinforced with paper or paperboard only (excluding articles agglomerated with plaster, ornamented)
Prodcom 23621090 - Boards, sheets, panels, tiles and similar articles of plaster or of compositions based on plaster, not faced or reinforced with paper or paperboard only (excluding articles agglomerated with plaster, ornamented)
Prodcom 23691100 - Articles of plaster or compositions based on plaster, n.e.c.

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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