
Colombia - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Colombia: Wrapping Papers Market 2022
Wrapping Papers Market Size in Colombia
The Colombian wrapping papers market surged to $X in 2021, jumping by X% against the previous year. Over the period under review, consumption, however, saw a pronounced shrinkage. Wrapping papers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Wrapping Papers Production in Colombia
In value terms, wrapping papers production rose significantly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Wrapping papers production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Wrapping Papers Exports
Exports from Colombia
In 2021, approx. X tons of wrapping paper, packaging paper and paperboard were exported from Colombia; waning by -X% compared with 2020 figures. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, wrapping papers exports shrank remarkably to $X in 2021. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Ecuador (X tons) was the main destination for wrapping papers exports from Colombia, accounting for a X% share of total exports. Moreover, wrapping papers exports to Ecuador exceeded the volume sent to the second major destination, the Dominican Republic (X tons), fivefold. The third position in this ranking was taken by Costa Rica (X tons), with an X% share.
From 2012 to 2021, the average annual growth rate of volume to Ecuador stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Costa Rica (-X% per year).
In value terms, Ecuador ($X) remains the key foreign market for wrapping papers exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with an X% share of total exports. It was followed by Costa Rica, with an X% share.
From 2012 to 2021, the average annual growth rate of value to Ecuador stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Costa Rica (-X% per year).
Export Prices by Country
In 2021, the average wrapping papers export price amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Venezuela ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.
From 2012 to 2021, 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 a decline.
Wrapping Papers Imports
Imports into Colombia
For the third consecutive year, Colombia recorded growth in purchases abroad of wrapping paper, packaging paper and paperboard, which increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wrapping papers imports surged to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest wrapping papers supplier to Colombia, accounting for a X% share of total imports. Moreover, wrapping papers imports from China exceeded the figures recorded by the second-largest supplier, Finland (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-X% per year) and France (+X% per year).
In value terms, China ($X) constituted the largest supplier of wrapping papers to Colombia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports. It was followed by France, with a X% share.
From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-X% per year) and France (+X% per year).
Import Prices by Country
The average wrapping papers import price stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably countryorigin: the country with the highest price was Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wrapping papers 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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