Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia - 2022
Contents:
- Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (CIF) - 2022
- Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (FOB) - 2022
- Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia
- Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia
Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (CIF) - 2022
In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.2 per unit, with a decrease of -10.3% against the previous year. Over the period under review, the import price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2015 an increase of 33%. Over the period under review, average import prices reached the maximum at $0.2 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1.3 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (FOB) - 2022
In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $1.3 per unit, growing by 16% against the previous year. In general, the export price posted a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 18%. As a result, the export price reached the peak level of $1.8 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($2 per unit), while the average price for exports to Ecuador ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia
In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones imported into Colombia soared to 1.6M units, rising by 15% compared with 2021. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones expanded modestly to $271K in 2022. Overall, imports, however, saw a perceptible curtailment. Imports peaked at $307K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.7 | 54.4 | 70.1 | 120 | 44.6% |
| Spain | 26.6 | 17.3 | 10.9 | 89.5 | 49.8% |
| United States | 59.7 | 41.8 | 56.7 | 39.1 | -13.2% |
| Germany | 42.7 | 28.9 | 30.9 | 4.2 | -53.8% |
| Thailand | 99.4 | 74.7 | 33.6 | N/A | -41.9% |
| Israel | 6.7 | 5.5 | 7.2 | N/A | 3.7% |
| Others | 32.1 | 33.3 | 52.3 | 17.9 | -17.7% |
| Total | 307 | 256 | 262 | 271 | -4.1% |
Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Colombia in 2022:
- China (1419.5K units)
- Spain (69.7K units)
- United States (60.4K units)
- Germany (21.7K units)
Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones, when their volume decreased by -28.8% to 292 units. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 341% against the previous year. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at 410 units in 2021, and then shrank significantly in the following year.
In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones shrank sharply to $392 in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 418%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at $475 in 2021, and then contracted markedly in the following year.
| Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1.0 | 215 | 375 | 307 | 574.6% |
| Panama | 26.0 | 49.0 | 49.0 | 41.0 | 16.4% |
| Jamaica | 19.0 | 37.0 | 39.0 | 34.0 | 21.4% |
| Others | 14.0 | 10.0 | 12.0 | 10.0 | -10.6% |
| Total | 60.0 | 311 | 475 | 392 | 86.9% |
Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Colombia in 2022:
- Peru (227.0 units)
- Panama (29.0 units)
- Jamaica (27.0 units)
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