Colombia: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Colombia

The Colombian market for building blocks and bricks of cement, concrete or artificial stone expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated a temperate increase 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Colombia

In value terms, production of building blocks and bricks of cement, concrete or artificial stone rose notably to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Colombia

In 2022, the amount of building blocks and bricks of cement, concrete or artificial stone exported from Colombia dropped notably to X tons, shrinking by X% against the year before. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone fell remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Costa Rica (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Colombia, with a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Costa Rica exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by France (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Costa Rica totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and France (X% per year).

In value terms, the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Colombia were the United States ($X), Costa Rica ($X) and France ($X), together comprising X% of total exports.

Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Colombia

In 2022, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Colombia, accounting for a X% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Spain (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Colombia, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Spain (X% per year).

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price showed a strong increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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