Colombia: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Colombia

The Colombian market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined to $X in 2020, waning by -X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2017 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Colombia

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted significantly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2017 to 2020, production growth failed to regain the momentum.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Colombia

For the third consecutive year, Colombia recorded decline in overseas shipments of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, which decreased by -X% to X square meters in 2020. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at X square meters in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped notably to $X in 2020. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Ecuador (X square meters) was the main destination for exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Colombia, with a X% share of total exports. Moreover, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Ecuador exceeded the volume sent to the second major destination, Chile (X square meters), threefold. Venezuela (X square meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ecuador stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-X% per year) and Venezuela (-X% per year).

In value terms, Ecuador ($X) emerged as the key foreign market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by Venezuela, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Ecuador totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-X% per year) and Venezuela (-X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, waning by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per square meter. from 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Venezuela ($X per square meter), while the average price for exports to Ecuador ($X per square meter) was amongst the lowest.

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

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Colombia

After four years of growth, supplies from abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters in 2020. Over the period under review, imports, however, saw a tangible increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses fell significantly to $X in 2020. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X square meters) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Colombia, with a X% share of total imports. Moreover, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, Mexico (X square meters), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%.

In value terms, Mexico ($X) and China ($X) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Colombia.

In terms of the main suppliers, China saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, declining by -X% against the previous year. In general, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Mexico ($X per square meter), while the price for China amounted to $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico.

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Source: IndexBox Platform

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