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Colombia - Perfumes And Toilet Waters - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Perfume Market Overview 2021

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Perfume Market Size in Colombia

The Colombian perfume market rose notably to $X in 2020, surging by X% against the previous year. In general, the total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2011 indices. The growth pace was the most rapid in 2013 when the market value increased by X% year-to-year. Perfume consumption peaked in 2020 and is expected to retain growth in years to come.

Perfume Production in Colombia

In value terms, perfume production dropped rapidly to $X in 2020 estimated in export prices. In general, the total production indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Perfume Exports

Exports from Colombia

In 2020, approx. X tonnes of perfumes and toilet waters were exported from Colombia; dropping by -X% compared with the year before. In general, exports recorded a noticeable contraction. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, perfume exports dropped rapidly to $X in 2020. Overall, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Mexico (X tonnes), Peru (X tonnes) and Chile (X tonnes) were the main destinations of perfume exports from Colombia, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Chile, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and Mexico ($X) were the largest markets for perfume exported from Colombia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Chile recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average perfume export price amounted to $X per tonne, jumping by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Dominican Republic ($X per tonne), while the average price for exports to Bolivia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic, while the prices for the other major destinations experienced more modest paces of growth.

Perfume Imports

Imports into Colombia

In 2020, after two years of growth, there was significant decline in purchases abroad of perfumes and toilet waters, when their volume decreased by -X% to X tonnes. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, perfume imports dropped rapidly to $X in 2020. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

China (X tonnes), the U.S. (X tonnes) and Spain (X tonnes) were the main suppliers of perfume imports to Colombia, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest perfume suppliers to Colombia were the U.S. ($X), France ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by Brazil, Italy, Peru, Poland and China, which together accounted for a further X terms of the main suppliers, Brazil recorded the highest growth rate of 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 perfume import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild slump. The growth pace was the most rapid in 2019 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for perfumes and toilet waters in the world?
+
The country with the largest volume of perfume consumption was India (1.4M tonnes), comprising approx. 63% of total volume. Moreover, perfume consumption in India exceeded the figures recorded by the second-largest consumer, China (220K tonnes), sixfold. The U.S. (117K tonnes) ranked third in terms of total consumption with a 5.2% share.
What are the largest producers of perfumes and toilet waters in the world?
+
India (1.4M tonnes) remains the largest perfume producing country worldwide, accounting for 65% of total volume. Moreover, perfume production in India exceeded the figures recorded by the second-largest producer, China (239K tonnes), sixfold. The third position in this ranking was occupied by France (106K tonnes), with a 4.8% share.
What are the leading suppliers of perfumes and toilet waters to Colombia?
+
In value terms, the U.S. ($4.5M), France ($4.1M) and Spain ($2.4M) appeared to be the largest perfume suppliers to Colombia, with a combined 52% share of total imports. Brazil, Italy, Peru, Poland and China lagged somewhat behind, together comprising a further 30%.
What are the leading importers of perfumes and toilet waters from Colombia?
+
In value terms, the largest markets for perfume exported from Colombia were Peru ($8.2M), Chile ($6.2M) and Mexico ($5.3M), together comprising 59% of total exports.
What is the average export price for perfumes and toilet waters in Colombia?
+
In 2020, the average perfume export price amounted to $12,895 per tonne, with an increase of 42% against the previous year.
What is the average import price for perfumes and toilet waters in Colombia?
+
In 2020, the average perfume import price amounted to $21,805 per tonne, surging by 3.7% against the previous year.

Product coverage:
• Prodcom 20421150 - Perfumes
• Prodcom 20421170 - Toilet waters

This report provides an in-depth analysis of the perfume 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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