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Colombia - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Aluminium Market Overview 2021

Aluminium Market Size in Colombia

The Colombian aluminium market shrank to $X in 2019, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt descent. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Aluminium consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Aluminium Exports

Exports from Colombia

Aluminium exports from Colombia surged to X tonnes in 2019, rising by X% compared with the previous year's figure. Over the period under review, exports enjoyed a tangible increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium exports skyrocketed to $X in 2019. In general, exports saw a mild increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Dominican Republic (X tonnes), Guatemala (X tonnes) and Belgium (X tonnes) were the main destinations of aluminium exports from Colombia, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X), Guatemala ($X) and Belgium ($X) were the largest markets for aluminium exported from Colombia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Guatemala (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average aluminium export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Latvia ($X per tonne), while the average price for exports to Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic, while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Imports

Imports into Colombia

In 2019, purchases abroad of aluminium decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, aluminium imports fell to $X in 2019. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

India (X tonnes), Russia (X tonnes) and Argentina (X tonnes) were the main suppliers of aluminium imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in India (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium suppliers to Colombia were India ($X), Russia ($X) and Argentina ($X), together comprising X% of total imports.

India (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Argentina ($X per tonne) and Brazil ($X per tonne), while the price for Viet Nam ($X per tonne) and India ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium in the world?
+
The country with the largest volume of aluminium consumption was China (36M tonnes), accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. India (2.8M tonnes) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of aluminium in the world?
+
The country with the largest volume of aluminium production was China (36M tonnes), accounting for 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. Russia (3.6M tonnes) ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of aluminium to Colombia?
+
In value terms, the largest aluminium suppliers to Colombia were India ($31M), Russia ($17M) and Argentina ($6.2M), together comprising 89% of total imports.
What are the leading importers of aluminium from Colombia?
+
In value terms, the Dominican Republic ($854K), Guatemala ($757K) and Belgium ($81K) appeared to be the largest markets for aluminium exported from Colombia worldwide, with a combined 89% share of total exports.
What is the average export price for aluminium in Colombia?
+
The average aluminium export price stood at $2,117 per tonne in 2019, with an increase of 18% against the previous year.
What is the average import price for aluminium in Colombia?
+
The average aluminium import price stood at $2,182 per tonne in 2019, with a decrease of -3.1% against the previous year.

Product coverage:

This report provides an in-depth analysis of the aluminium 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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