Colombia - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in Colombia - 2022
Contents:
- Threaded Metal Articles Price in Colombia (CIF) - 2022
- Threaded Metal Articles Price in Colombia (FOB) - 2022
- Threaded Metal Articles Imports in Colombia
- Threaded Metal Articles Exports in Colombia
Threaded Metal Articles Price in Colombia (CIF) - 2022
The average threaded metal articles import price stood at $2,273 per ton in February 2022, with an increase of 22% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.5%. The growth pace was the most rapid in April 2021 when the average import price increased by 41% against the previous month. The import price peaked at $2,296 per ton in September 2021; afterwards, it flattened through to February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,754 per ton), while the price for China amounted to $2,063 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%).
Threaded Metal Articles Price in Colombia (FOB) - 2022
The average threaded metal articles export price stood at $5,600 per ton in 2022, declining by -8.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 37% against the previous year. The export price peaked at $8,342 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($9,869 per ton), while the average price for exports to Costa Rica ($3,423 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 Venezuela (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Imports in Colombia
In 2022, the amount of threaded articles of iron or steel imported into Colombia reduced to 5.9K tons, with a decrease of -12.1% against 2021. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of 6.7K tons, and then declined in the following year.
In value terms, threaded metal articles imports shrank sharply to $9.6M in 2022. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +33.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, imports reached the peak of $12M, and then shrank rapidly in the following year.
| Import of Threaded Metal Articles in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 4.8 | 9.4 | 7.2 | 7.5% |
| Germany | 0.2 | 0.5 | 1.0 | 0.7 | 51.8% |
| Others | 2.5 | 1.8 | 1.7 | 1.7 | -12.1% |
| Total | 8.5 | 7.2 | 12.0 | 9.6 | 4.1% |
Top Suppliers of Threaded Metal Articles to Colombia in 2022:
- China (5.7K tons)
- Germany (0.1K tons)
Threaded Metal Articles Exports in Colombia
After two years of decline, overseas shipments of threaded articles of iron or steel increased by 13% to 28 tons in 2022. Overall, exports, however, showed a abrupt decline.
In value terms, threaded metal articles exports amounted to $158K in 2022. In general, exports, however, showed a abrupt decrease.
| Export of Threaded Metal Articles in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 13.5 | 2.7 | 46.0 | 40.6 | 44.3% |
| Guatemala | 23.4 | 56.0 | 41.2 | 36.4 | 15.9% |
| United States | 68.6 | 8.7 | 14.2 | 25.6 | -28.0% |
| Panama | 18.5 | 47.9 | 19.7 | 19.8 | 2.3% |
| Dominican Republic | 38.8 | 7.1 | 5.3 | 14.1 | -28.6% |
| Costa Rica | 11.6 | 13.7 | 11.8 | 10.4 | -3.6% |
| Chile | 0.2 | 2.0 | 8.1 | 7.2 | 230.2% |
| Others | 11.4 | 25.2 | 6.2 | 3.7 | -31.3% |
| Total | 186 | 163 | 152 | 158 | -5.3% |
Top Export Markets for Threaded Metal Articles from Colombia in 2022:
- Panama (5.5 tons)
- Ecuador (5.3 tons)
- United States (5.2 tons)
- Guatemala (4.7 tons)
- Costa Rica (3.1 tons)
- Dominican Republic (3.1 tons)
- Chile (0.7 tons)
This report provides an in-depth analysis of the threaded metal articles 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 25941190 - Threaded articles, n.e.c., of iron or steel
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.
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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
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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
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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
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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
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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
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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
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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
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