Price for Moulding Boxes; for Metal Foundry in Colombia - 2022

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in Colombia (CIF) - 2022
  2. Price for Moulding Boxes; for Metal Foundry in Colombia (FOB) - 2022
  3. Imports of Moulding Boxes; for Metal Foundry in Colombia
  4. Exports of Moulding Boxes; for Metal Foundry in Colombia

Price for Moulding Boxes; for Metal Foundry in Colombia (CIF) - 2022

The average import price for moulding boxes; for metal foundries stood at $15,939 per ton in 2022, growing by 55% against the previous year. In general, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 146%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($45,296 per ton), while the price for Germany ($6,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in Colombia (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $2,480 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12%. The export price peaked at $12,798 per ton in 2014; however, from 2015 to 2022, the 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 Honduras ($31,400 per ton), while the average price for exports to the Dominican Republic ($2,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+10.7%), while the prices for the other major destinations experienced a decline.

Imports of Moulding Boxes; for Metal Foundry in Colombia

Moulding boxes; for metal foundry imports into Colombia contracted sharply to 3.9 tons in 2022, falling by -45.6% on the previous year's figure. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 7.3 tons, and then fell sharply in the following year.

In value terms, moulding boxes; for metal foundry imports fell significantly to $63K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $75K, and then declined sharply in the following year.

Import of Moulding Boxes; for Metal Foundry in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.913.26.625.517.1%
China6.84.535.716.233.6%
Italy11.123.59.414.28.6%
Spain5.23.30.73.2-14.9%
Germany1.53.21.31.98.2%
Others1.73.420.91.81.9%
Total42.351.174.662.914.1%

Top Suppliers of Moulding Boxes; for Metal Foundry to Colombia in 2022:

  1. China (1946.0 kg)
  2. United States (1226.0 kg)
  3. Italy (363.0 kg)
  4. Germany (294.0 kg)
  5. Spain (71.0 kg)

Exports of Moulding Boxes; for Metal Foundry in Colombia

In 2022, shipments abroad of moulding boxes; for metal foundries decreased by -22.7% to 22 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year. As a result, the exports reached the peak of 28 tons, and then declined dramatically in the following year.

In value terms, moulding boxes; for metal foundry exports contracted to $54K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports attained the peak of $63K, and then reduced in the following year.

Export of Moulding Boxes; for Metal Foundry in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador27.834.144.948.720.5%
Dominican Republic10.17.310.95.4-18.8%
Others0.53.97.50.2-26.3%
Total38.345.363.354.312.3%

Top Export Markets for Moulding Boxes; for Metal Foundry from Colombia in 2022:

  1. Ecuador (19.4 tons)
  2. Dominican Republic (2.4 tons)

Source: IndexBox Market Intelligence Platform

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