Colombia: Metallised Yarn Market 2024

Metallised Yarn Market Size in Colombia

The Colombian metallised yarn market shrank slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a notable expansion. Metallised yarn consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Metallised Yarn Production in Colombia

In value terms, metallised yarn production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Metallised Yarn Exports

Exports from Colombia

In 2022, the amount of metallised yarn and strip exported from Colombia skyrocketed to X tons, picking up by X% on 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, metallised yarn exports soared to $X in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X kg) was the main destination for metallised yarn exports from Colombia, with a X% share of total exports. Moreover, metallised yarn exports to Mexico exceeded the volume sent to the second major destination, Ecuador (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico totaled X%.

In value terms, Ecuador ($X) emerged as the key foreign market for metallised yarn and strip exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador totaled X%.

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Mexico amounted to $X per ton.

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

Metallised Yarn Imports

Imports into Colombia

In 2022, approx. X tons of metallised yarn and strip were imported into Colombia; rising by X% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metallised yarn imports surged to $X in 2022. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main metallised yarn supplier to Colombia, with a X% share of total imports. It was followed by South Korea (X kg), with a X% share of total imports. Japan (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of metallised yarn and strip to Colombia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

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

Import Prices by Country

The average metallised yarn import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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