Colombia - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in Colombia - 2022
Contents:
- Cement Price in Colombia (CIF) - 2022
- Cement Price in Colombia (FOB) - 2022
- Cement Imports in Colombia
- Cement Exports in Colombia
Cement Price in Colombia (CIF) - 2022
The average cement import price stood at $106 per ton in 2022, rising by 3.8% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $155 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the Dominican Republic ($1,260 per ton), while the price for Ecuador ($81 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Price in Colombia (FOB) - 2022
The average cement export price stood at $260 per ton in February 2022, rising by 125% against the previous month. Over the period under review, the export price recorded a prominent expansion. The export price peaked at $263 per ton in June 2021; however, from July 2021 to February 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In February 2022, the country with the highest price was Ecuador ($355 per ton), while the average price for exports to Venezuela amounted to $237 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Imports in Colombia
In 2022, imports of cement into Colombia reduced dramatically to 105K tons, waning by -17.2% compared with 2021 figures. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year.
In value terms, cement imports declined to $11M in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%.
Import of Cement in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 0.8 | 3.3 | 5.9 | 4.2 | 73.8% |
Turkey | 9.3 | 0.9 | 0.3 | 2.7 | -33.8% |
Germany | 4.3 | 2.7 | 2.2 | 2.2 | -20.0% |
Spain | 1.1 | 1.2 | 0.9 | 1.0 | -3.1% |
Others | 1.5 | 1.2 | 3.6 | 1.1 | -9.8% |
Total | 17.0 | 9.3 | 12.9 | 11.1 | -13.2% |
Top Suppliers of Cement to Colombia in 2022:
- Ecuador (51.7K tons)
- Turkey (33.3K tons)
- Germany (10.7K tons)
- Spain (6.5K tons)
Cement Exports in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of cement, when their volume decreased by -11.9% to 397K tons. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 621%.
In value terms, cement exports reduced rapidly to $37M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 494%.
Export of Cement in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 0.9 | 13.2 | 7.8 | 21.6 | 188.4% |
Panama | 0.5 | 14.0 | 1.4 | 14.7 | 208.6% |
Ecuador | 0.2 | 0.1 | 35.3 | 0.1 | -20.6% |
Honduras | 1.4 | N/A | N/A | N/A | 0% |
Others | 1.9 | 1.7 | 1.1 | 0.8 | -25.0% |
Total | 4.9 | 28.9 | 45.5 | 37.2 | 96.5% |
Top Export Markets for Cement from Colombia in 2022:
- Honduras (undefinedK tons)
- Panama (216.0K tons)
- Venezuela (177.1K tons)
- Ecuador (0.2K tons)
This report provides an in-depth analysis of the cement 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.
Product coverage:
- Prodcom 23511210 - Portland cement
- Prodcom 23511290 - Other hydraulic cements
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cement market in Colombia.
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This report provides an in-depth analysis of the global cement clinker market.
This report provides an in-depth analysis of the cement market in Colombia.
This report provides an in-depth analysis of the cement clinker market in Colombia.
This report provides an in-depth analysis of the global cement market.
This report provides an in-depth analysis of the global cement clinker market.
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