Report Update: May 1, 2024

Colombia - Waferboard - Market Analysis, Forecast, Size, Trends and Insights

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Waferboard Price in Colombia - 2022

Waferboard Price in Colombia (CIF) - 2022

The average waferboard import price stood at $343 per cubic meter in February 2022, waning by -3.7% against the previous month. In general, import price indicated a tangible increase from February 2021 to February 2022: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, waferboard import price decreased by -7.9% against December 2021 indices. The growth pace was the most rapid in July 2021 an increase of 51% month-to-month. Over the period under review, average import prices hit record highs at $372 per cubic meter in December 2021; however, from January 2022 to February 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($530 per cubic meter), while the price for Brazil ($314 per cubic meter) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in Colombia (FOB) - 2022

In February 2022, the average waferboard export price amounted to $609 per cubic meter, increasing by 36% against the previous month. Overall, the export price saw tangible growth. The most prominent rate of growth was recorded in August 2021 an increase of 203% month-to-month. As a result, the export price attained the peak level of $1,244 per cubic meter. From September 2021 to February 2022, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In February 2022, the country with the highest price was Panama ($632 per cubic meter), while the average price for exports to the Dominican Republic amounted to $604 per cubic meter.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Waferboard Imports in Colombia

After three years of growth, purchases abroad of waferboards decreased by -13.3% to 136K cubic meters in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +31.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of 157K cubic meters, and then declined in the following year.

In value terms, waferboard imports declined to $35M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of $39M, and then dropped in the following year.

Import of Waferboard in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	11.1	10.5	18.0	16.5	14.1%
Chile	13.6	13.4	12.9	11.8	-4.6%
Spain	2.7	3.6	4.5	4.2	15.9%
China	1.1	0.6	1.2	1.1	0.0%
Russia	0.5	1.9	0.7	0.9	21.6%
Ecuador	0.8	1.2	0.2	0.6	-9.1%
Others	0.4	0.4	1.8	0.3	-9.1%
Total	30.3	31.5	39.2	35.3	5.2%

Top Suppliers of Waferboard to Colombia in 2022:

Brazil (74.6K cubic meters)
Chile (35.6K cubic meters)
Spain (14.7K cubic meters)
Russia (4.7K cubic meters)
China (3.6K cubic meters)
Ecuador (2.5K cubic meters)

Waferboard Exports in Colombia

In 2022, waferboard exports from Colombia shrank rapidly to 3.8K cubic meters, dropping by -31.6% compared with the previous year. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 167% against the previous year. As a result, the exports attained the peak of 5.5K cubic meters, and then fell rapidly in the following year.

In value terms, waferboard exports dropped markedly to $1.5M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, the exports attained the peak of $2.2M, and then shrank remarkably in the following year.

Export of Waferboard in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	95.3	10.8	419	550	79.4%
Panama	381	166	320	420	3.3%
Dominican Republic	127	42.2	215	282	30.5%
Guatemala	31.0	28.5	51.6	67.7	29.7%
Costa Rica	101	22.5	49.1	64.1	-14.1%
Venezuela	43.7	122	2.2	58.8	10.4%
Ecuador	N/A	216	1,088	N/A	403.7%
Others	36.3	114	57.3	19.8	-18.3%
Total	815	722	2,202	1,462	21.5%

Top Export Markets for Waferboard from Colombia in 2022:

Chile (2397.0 cubic meters)
Panama (686.0 cubic meters)
Dominican Republic (333.0 cubic meters)
Venezuela (143.0 cubic meters)
Guatemala (106.0 cubic meters)
Costa Rica (91.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waferboard 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 16211313 - Particle board, of wood

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023