Colombia - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPlastic Bag Price in Colombia - 2022
Contents:
- Plastic Bag Price in Colombia (CIF) - 2022
- Plastic Bag Price in Colombia (FOB) - 2022
- Plastic Bag Imports in Colombia
- Plastic Bag Exports in Colombia
Plastic Bag Price in Colombia (CIF) - 2022
The average plastic bag import price stood at $5,225 per ton in February 2022, jumping by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in April 2021 when the average import price increased by 28% m-o-m. The import price peaked at $5,526 per ton in November 2021; however, from December 2021 to February 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($9,821 per ton), while the price for Free Zones ($2,967 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 Spain (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Price in Colombia (FOB) - 2022
The average plastic bag export price stood at $6,251 per ton in February 2022, waning by -9% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 19% m-o-m. As a result, the export price attained the peak level of $6,866 per ton, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($10,427 per ton), while the average price for exports to Panama ($3,293 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Imports in Colombia
Plastic bag imports into Colombia skyrocketed to 11K tons in 2022, increasing by 57% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic bag imports surged to $55M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +62.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plastic Bag in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 9.0 | 8.9 | 17.0 | 21.0% |
| Brazil | 4.7 | 4.6 | 6.8 | 10.8 | 32.0% |
| Free Zones | 4.9 | 5.3 | 5.1 | 7.1 | 13.2% |
| United States | 3.6 | 3.3 | 3.0 | 4.9 | 10.8% |
| Mexico | 5.9 | 4.5 | 2.8 | 4.6 | -8.0% |
| Spain | 1.1 | 1.2 | 0.5 | 2.1 | 24.1% |
| Others | 7.1 | 6.1 | 7.3 | 8.7 | 7.0% |
| Total | 36.8 | 34.0 | 34.4 | 55.3 | 14.5% |
Top Suppliers of Plastic Bag to Colombia in 2022:
- China (4.8K tons)
- Free Zones (2.3K tons)
- Brazil (1.6K tons)
- Mexico (0.6K tons)
- United States (0.5K tons)
- Spain (0.3K tons)
Plastic Bag Exports in Colombia
For the fourth year in a row, Colombia recorded growth in shipments abroad of plastic sacks and bags, which increased by 20% to 7.6K tons in 2022. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic bag exports surged to $48M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Plastic Bag in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 8.3 | 8.1 | 10.5 | 14.4 | 20.2% |
| United States | 5.3 | 5.9 | 9.7 | 12.6 | 33.5% |
| Costa Rica | 4.1 | 3.9 | 4.6 | 6.0 | 13.5% |
| Panama | 0.9 | 1.6 | 1.5 | 1.9 | 28.3% |
| Peru | 1.4 | 1.2 | 1.3 | 1.9 | 10.7% |
| Venezuela | 2.1 | 1.0 | 0.9 | 1.7 | -6.8% |
| Brazil | 3.2 | 2.2 | 0.8 | 1.2 | -27.9% |
| Mexico | 1.3 | 1.3 | 1.3 | 1.2 | -2.6% |
| Chile | 0.7 | 1.4 | 1.4 | 1.1 | 16.3% |
| Cuba | N/A | 0.8 | 0.7 | 1.0 | 11.8% |
| Honduras | 0.4 | 0.3 | 0.5 | 0.8 | 26.0% |
| El Salvador | 0.2 | 0.2 | 0.7 | 0.7 | 51.8% |
| Thailand | 1.6 | 1.0 | 0.9 | N/A | -25.0% |
| Others | 3.0 | 2.9 | 3.4 | 3.8 | 8.2% |
| Total | 32.6 | 31.8 | 38.4 | 48.2 | 13.9% |
Top Export Markets for Plastic Bag from Colombia in 2022:
- Ecuador (2624.9 tons)
- United States (1827.4 tons)
- Costa Rica (887.2 tons)
- Panama (398.9 tons)
- Peru (265.3 tons)
- Mexico (256.2 tons)
- Venezuela (220.7 tons)
- Honduras (140.3 tons)
- Chile (131.7 tons)
- Brazil (123.7 tons)
- El Salvador (121.3 tons)
- Cuba (115.5 tons)
This report provides an in-depth analysis of the plastic bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
403
This report provides an in-depth analysis of the plastic bag market in Colombia.
302
This report provides an in-depth analysis of the plastic packaging market in Colombia.
391
This report provides an in-depth analysis of the plastic box market in Colombia.
468
This report provides an in-depth analysis of the plastic bottle market in Colombia.
404
This report provides an in-depth analysis of the plastic support market in Colombia.
331
This report provides an in-depth analysis of the plastic bottle cap market in Colombia.
386
This report provides an in-depth analysis of the ethylene polymer bag market in Colombia.
352
This report provides an in-depth analysis of the plastic supports market in Colombia.
102
This report provides an in-depth analysis of the plastic closure market in Colombia.
229
This report provides an in-depth analysis of the plastic container market in Colombia.
333
Explore the top import markets for plastic bags around the world and the key statistics of each market. Find out which countries are leading the import demand for plastic bags and how they are addressing environmental concerns. Data from IndexBox market intelligence platform.
1075
In value terms, plastic waste, parings and scrap imports amounted to $X in 2016. Overall, plastic waste, parings and scrap imports continue to indicate a relatively flat trend pattern. Global plast...
906
In value terms, plastic waste, parings and scrap exports totaled $X in 2016. In general, plastic waste, parings and scrap exports continue to indicate a relatively flat trend pattern. Global plasti...
261
Explore the top import markets for plastic packaging based on the latest data provided by the IndexBox market intelligence platform. Discover the key countries and their import values, highlighting the immense demand for plastic packaging across diverse industries.
283
Explore the top import markets for plastic boxes worldwide, including the United States, Mexico, Germany, and more. Get key statistics and market insights from IndexBox.
234
Discover the world's best import markets for plastic bottles and explore key statistics and insights on the industry. Learn about the top countries, import values, and market trends.
757
The oil and gas industry is the largest supplier of plastic. It provides the raw material for everything from water bottles to food packaging to medical supplies. But the industry is also one of the biggest polluters, contributing to climate change and ocean plastic pollution.
675
The global plastic bottle market revenue amounted to $3,606.4B in 2017, jumping by 6.2% against the previous year. This fi...
1157
Germany took the second spot in the global carboy and other plastic article trade. In 2014, Germany exported X thousand tons of carboys, bottles and similar articles of plastics totaling X million USD, X% under the previous year. Its primary tr
56
Explore the top import markets for plastic support products in the world. Discover the key countries driving the global demand for these essential components.
