Colombia: Barbed Wire Market 2024

Barbed Wire Market Size in Colombia

The Colombian barbed wire market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Barbed wire consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Barbed Wire Production in Colombia

In value terms, barbed wire production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Barbed Wire Exports

Exports from Colombia

In 2022, overseas shipments of barbed wire and entanglements decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell significantly in the following year.

In value terms, barbed wire exports shrank rapidly to $X in 2022. Overall, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined sharply in the following year.

Exports by Country

Chile (X tons), Ecuador (X tons) and Peru (X tons) were the main destinations of barbed wire exports from Colombia, together comprising X% of total exports. Mexico, Venezuela and Costa Rica lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Ecuador ($X) and Peru ($X) were the largest markets for barbed wire exported from Colombia worldwide, together comprising X% of total exports. Mexico, Venezuela and Costa Rica lagged somewhat behind, together comprising a further X%.

Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average barbed wire export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Venezuela ($X per ton) and Peru ($X per ton), while the average price for exports to Mexico ($X per ton) and Costa Rica ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barbed Wire Imports

Imports into Colombia

In 2022, purchases abroad of barbed wire and entanglements increased by X% to X tons, rising for the second year in a row after four years of decline. In general, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, barbed wire imports skyrocketed to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of barbed wire to Colombia, with a X% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), threefold. Free Zones (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Free Zones (X% per year).

In value terms, China ($X) constituted the largest supplier of barbed wire and entanglements to Colombia, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports. It was followed by Free Zones, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Free Zones (X% per year).

Import Prices by Country

In 2022, the average barbed wire import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barbed wire import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :