Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia - 2022

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (FOB) - 2022
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (CIF) - 2022
  3. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia
  4. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $6,039 per ton in February 2022, stabilizing at the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in May 2021 when the average export price increased by 19% month-to-month. The export price peaked at $6,174 per ton in December 2021; however, from January 2022 to February 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From February 2021 to February 2022, the rate of growth in terms of prices for Venezuela amounted to +13.9% per month.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (CIF) - 2022

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $2,554 per ton in February 2022, which is down by -76.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 142% m-o-m. As a result, import price attained the peak level of $10,762 per ton, and then contracted rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($15,577 per ton), while the price for China ($1,293 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 Mexico (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia

In 2022, approx. 572 tons of footwear; parts, outer soles and heels, of rubber or plasticses were exported from Colombia; surging by 17% on 2021 figures. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses skyrocketed to $3.7M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 129% against the previous year.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador3,4779822,1283,211-2.6%
Venezuela65.923.416013827.9%
El SalvadorN/AN/A74.410338.4%
Dominican Republic51.26.412727.3-18.9%
Cuba68.529.815.812.0-44.0%
Others84.312516424843.3%
Total3,7471,1662,6693,740-0.1%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Colombia in 2022:

  1. Ecuador (501.8 tons)
  2. Venezuela (27.6 tons)
  3. El Salvador (12.9 tons)
  4. Dominican Republic (3.7 tons)
  5. Cuba (2.7 tons)

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia

In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Colombia contracted rapidly to 956 tons, which is down by -23.5% compared with 2021. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses shrank notably to $3.6M in 2022. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $4.4M, and then contracted dramatically in the following year.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6471,6012,8762,37312.9%
Mexico710353574458-13.6%
Italy1,546790686414-35.5%
Brazil49.050.013616850.8%
Others251137166149-16.0%
Total4,2022,9304,4383,562-5.4%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Colombia in 2022:

  1. China (852.6 tons)
  2. Mexico (38.4 tons)
  3. Italy (28.7 tons)
  4. Brazil (17.9 tons)

Source: IndexBox Market Intelligence Platform

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