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

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Colombia: Asbestos Market 2022

Asbestos Market Size in Colombia

In 2020, the Colombian asbestos market decreased by -X% to $X, falling for the eighth consecutive year after four years of growth. In general, consumption faced a abrupt downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Asbestos Exports

Exports from Colombia

In 2020, approx. X tons of asbestos were exported from Colombia; increasing by X% on the previous year. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, asbestos exports soared to $X in 2020. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for asbestos exports from Colombia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ecuador totaled +X%.

In value terms, Ecuador ($X) also remains the key foreign market for asbestos exports from Colombia.

From 2007 to 2020, the average annual growth rate of value to Ecuador amounted to +X%.

Export Prices by Country

The average asbestos export price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the export price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2007 to 2020, the rate of growth in terms of prices for Ecuador amounted to +X% per year.

Asbestos Imports

Imports into Colombia

In 2020, purchases abroad of asbestos decreased by -X% to X tons, falling for the eighth consecutive year after three years of growth. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports declined remarkably to $X in 2020. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Canada (X tons) constituted the largest supplier of asbestos to Colombia, with a X% share of total imports. Moreover, asbestos imports from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X tons), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada stood at -X%.

In value terms, Canada ($X) constituted the largest supplier of asbestos to Colombia, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada totaled -X%.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2020, approximately reflecting the previous year. In general, import price indicated tangible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, asbestos import price decreased by -X% against 2013 indices. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per ton), while the price for Brazil stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

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Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of consumption in 2022 were India, China and Russia, with a combined 59% share of global consumption. Uzbekistan, Indonesia, Turkey, Thailand, Sri Lanka, Bangladesh and Tajikistan lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of asbestos in the world?

Russia remains the largest asbestos producing country worldwide, accounting for 50% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was held by Brazil, with a 15% share.

What are the leading suppliers of asbestos to Colombia?

In value terms, Canada constituted the largest supplier of asbestoses to Colombia, comprising 99% of total imports. The second position in the ranking was held by Brazil $691), with a 0.3% share of total imports.

What are the leading importers of asbestos from Colombia?

In value terms, Ecuador remains the key foreign market for asbestoses exports from Colombia.

What is the average export price for asbestos in Colombia?

The average asbestos export price stood at $635 per ton in 2022, remaining constant against the previous year.

What is the average import price for asbestos in Colombia?

The average asbestos import price stood at $807 per ton in 2022, waning by -4.3% against the previous year.

This report provides an in-depth analysis of the asbestos 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.

Product coverage:

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