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Colombia - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Foil Price in Colombia - 2022
Contents:
- Aluminium Foil Price in Colombia (CIF) - 2022
- Aluminium Foil Price in Colombia (FOB) - 2022
- Aluminium Foil Imports in Colombia
- Aluminium Foil Exports in Colombia
Aluminium Foil Price in Colombia (CIF) - 2022
The average aluminium foil import price stood at $5,434 per ton in February 2022, growing by 3.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in July 2021 an increase of 25% m-o-m. As a result, import price attained the peak level of $5,514 per ton. From August 2021 to February 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($7,819 per ton), while the price for China ($4,841 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Foil Price in Colombia (FOB) - 2022
The average aluminium foil export price stood at $8,193 per ton in February 2022, picking up by 59% against the previous month. Over the period under review, export price indicated mild growth from February 2021 to February 2022: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, aluminium foil export price increased by +58.7% against January 2022 indices. The export price peaked at $11,374 per ton in July 2021; however, from August 2021 to February 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In February 2022, the country with the highest price was Peru ($13,813 per ton), while the average price for exports to Costa Rica ($5,792 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Foil Imports in Colombia
For the fourth consecutive year, Colombia recorded growth in purchases abroad of aluminium foil, which increased by 16% to 14K tons in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium foil imports soared to $72M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
Import of Aluminium Foil in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.1 | 22.6 | 31.3 | 40.0 | 18.4% |
Brazil | 1.2 | 2.2 | 5.9 | 7.5 | 84.2% |
Italy | 2.9 | 4.4 | 4.6 | 5.9 | 26.7% |
Austria | 2.7 | 2.3 | 2.0 | 2.9 | 2.4% |
Germany | 1.5 | 1.6 | 1.8 | 2.4 | 17.0% |
United States | 2.0 | 1.5 | 1.8 | 2.3 | 4.8% |
Peru | 2.2 | 1.9 | 1.2 | 2.2 | 0.0% |
Others | 2.8 | 3.3 | 6.3 | 8.5 | 44.8% |
Total | 39.4 | 39.9 | 54.9 | 71.7 | 22.1% |
Top Suppliers of Aluminium Foil to Colombia in 2022:
- China (9.6K tons)
- Brazil (1.6K tons)
- Italy (0.8K tons)
- Austria (0.4K tons)
- Peru (0.3K tons)
- United States (0.2K tons)
- Germany (0.2K tons)
Aluminium Foil Exports in Colombia
In 2022, aluminium foil exports from Colombia shrank notably to 606 tons, declining by -18.6% compared with the previous year's figure. In general, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 161%. As a result, the exports attained the peak of 744 tons, and then declined significantly in the following year.
In value terms, aluminium foil exports shrank sharply to $4.8M in 2022. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 147% against the previous year. As a result, the exports reached the peak of $6.4M, and then reduced sharply in the following year.
Export of Aluminium Foil in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 83.8 | 295 | 1,474 | 1,047 | 132.0% |
United States | 17.1 | 17.6 | 1,429 | 1,014 | 290.0% |
Ecuador | 737 | 781 | 1,287 | 914 | 7.4% |
Costa Rica | 680 | 299 | 394 | 415 | -15.2% |
Brazil | 258 | 335 | 371 | 280 | 2.8% |
Mexico | 358 | 255 | 306 | 272 | -8.8% |
Bolivia | 165 | 72.8 | 335 | 238 | 13.0% |
Guatemala | 192 | 237 | 195 | 185 | -1.2% |
Dominican Republic | 47.7 | 9.2 | 169 | 120 | 36.0% |
France | 170 | 8.1 | 1.1 | 59.6 | -29.5% |
Others | 316 | 267 | 392 | 260 | -6.3% |
Total | 3,025 | 2,576 | 6,353 | 4,804 | 16.7% |
Top Export Markets for Aluminium Foil from Colombia in 2022:
- United States (164.9 tons)
- Panama (140.6 tons)
- Ecuador (88.9 tons)
- Costa Rica (58.7 tons)
- Mexico (32.8 tons)
- Guatemala (30.1 tons)
- Dominican Republic (18.5 tons)
- Bolivia (16.4 tons)
- Brazil (12.1 tons)
- France (8.9 tons)
This report provides an in-depth analysis of the aluminium foil 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 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm
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
-
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 aluminium foil market in Colombia.
This report provides an in-depth analysis of the global aluminium foil market.
This report provides an in-depth analysis of the aluminium foil market in Colombia.
This report provides an in-depth analysis of the global aluminium foil market.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.