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Colombia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Ferro-Chromium Market Overview 2020

Ferro-Chromium Market Size in Colombia

The revenue of the ferro-chromium market in Colombia amounted to $X in 2018, growing 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). The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. In that year, the ferro-chromium market reached its peak level of $X; afterwards, it flattened through to 2018.

Ferro-Chromium Exports

Exports from Colombia

Ferro-chromium exports from Colombia stood at X tonnes in 2018, lowering by -X% against the previous year. Overall, ferro-chromium exports continue to indicate an abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Colombia exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, ferro-chromium exports amounted to $X in 2018. In general, ferro-chromium exports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Colombia exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

South Africa was the major exporter of ferro-chromium exported in the world, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2018. Kazakhstan (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by India (X%). The following exporters - Finland (X tonnes), Russia (X tonnes), Zimbabwe (X tonnes) and Sweden (X tonnes) - together made up X% of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2018. At the same time, Finland (+X%), India (+X%), Sweden (+X%), Kazakhstan (+X%) and Zimbabwe (+X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of South Africa (+X p.p.), India (+X p.p.), Kazakhstan (+X p.p.) and Finland (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ferro-chromium supplying countries from Colombia were South Africa ($X), Kazakhstan ($X) and India ($X), with a combined X% share of total exports. These countries were followed by Russia, Finland, Zimbabwe and Sweden, which together accounted for a further X the main exporting countries, Finland experienced the highest growth rate of the value of exports, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the ferro-chromium export price in Colombia amounted to $X per tonne, remaining constant against the previous year. Over the period under review, the ferro-chromium export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Colombia export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Russia ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Ferro-Chromium Imports

Imports into Colombia

In 2018, approx. X tonnes of ferro-chromium were imported into Colombia; surging by X% against the previous year. Overall, ferro-chromium imports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, ferro-chromium imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, ferro-chromium imports amounted to $X in 2018. Over the period under review, the total imports indicated a temperate expansion from 2007 to 2018: its value decreased 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 2018 figures, ferro-chromium imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, ferro-chromium imports reached their peak of $X. From 2012 to 2018, the growth of ferro-chromium imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes), distantly followed by Japan (X tonnes), the U.S. (X tonnes), South Korea (X tonnes), the United Arab Emirates (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the key importers of ferro-chromium, together comprising X% of total imports. The following importers - Taiwan, Chinese (X tonnes), Germany (X tonnes), Spain (X tonnes) and Indonesia (X tonnes) - together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the United Arab Emirates (+X%), Indonesia (+X%), the U.S. (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. By contrast, Spain (-X%), Japan (-X%), Belgium (-X%), Italy (-X%), Taiwan, Chinese (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), the United Arab Emirates (+X p.p.), the U.S. (+X p.p.), Indonesia (+X p.p.) and South Korea (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Belgium (-X p.p.), Italy (-X p.p.), Taiwan, Chinese (-X p.p.), Japan (-X p.p.) and Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and the U.S. ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. South Korea, Germany, Taiwan, Chinese, Belgium, the United Arab Emirates, Italy, Spain and Indonesia lagged somewhat behind, together comprising a further X the main importing countries, the United Arab Emirates (+X% per year) experienced the highest growth rate of the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The ferro-chromium import price in Colombia stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the period under review, the import price indicated notable growth from 2007 to 2018: 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 2018 figures, ferro-chromium import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. In that year, the import prices for ferro-chromium attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the import prices for ferro-chromium remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

This report provides an in-depth analysis of the ferro-chromium 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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