Colombia: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in Colombia

In 2023, after two years of growth, there was decline in the Colombian metal automatic door closer market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a perceptible reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Exports of Base Metal Automatic Door Closers

Exports from Colombia

In 2023, after four years of decline, there was significant growth in overseas shipments of base metal automatic door closers, when their volume increased by X% to X tons. In general, exports posted notable growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal automatic door closer exports surged to $X in 2023. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for metal automatic door closer exports from Colombia, with a X% share of total exports. Moreover, metal automatic door closer exports to Germany exceeded the volume sent to the second major destination, Guyana (X tons), fourfold. The third position in this ranking was taken by Paraguay (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X.0% per year) and Paraguay (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for base metal automatic door closers exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Guyana ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X.2% per year) and the United States (X% per year).

Export Prices by Country

In 2023, the average metal automatic door closer export price amounted to $X per ton, dropping by X% against the previous year. Overall, export price indicated a strong increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal automatic door closer export price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Automatic Door Closers

Imports into Colombia

Metal automatic door closer imports into Colombia was estimated at X tons in 2023, surging by X% against the previous year. Over the period under review, imports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, metal automatic door closer imports declined to $X in 2023. In general, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest metal automatic door closer supplier to Colombia, accounting for a X% share of total imports. Moreover, metal automatic door closer imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Brazil (X% per year).

In value terms, the largest metal automatic door closer suppliers to Colombia were China ($X), Italy ($X) and Brazil ($X), with a combined X% share of total imports.

Among the main suppliers, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal automatic door closer import price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform