Colombia - Feldspar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFeldspar Price in Colombia - 2022
Contents:
- Feldspar Price in Colombia (CIF) - 2022
- Feldspar Price in Colombia (FOB) - 2022
- Feldspar Imports in Colombia
- Feldspar Exports in Colombia
Feldspar Price in Colombia (CIF) - 2022
In February 2022, the average feldspar import price amounted to $307 per ton, declining by -4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in October 2021 an increase of 30% against the previous month. As a result, import price attained the peak level of $366 per ton. From November 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 Spain ($425 per ton), while the price for Mexico ($212 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 Spain (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Feldspar Price in Colombia (FOB) - 2022
In 2022, the average feldspar export price amounted to $276 per ton, rising by 58% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, feldspar export price increased by +67.0% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($546 per ton), while the average price for exports to Spain ($11 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Feldspar Imports in Colombia
In 2022, feldspar imports into Colombia shrank to 5.4K tons, with a decrease of -10.8% compared with the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports attained the peak of 6.1K tons, and then declined in the following year.
In value terms, feldspar imports surged to $1.6M in 2022. Overall, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 85%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Feldspar in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 608 | 441 | 725 | 910 | 14.4% |
United States | 169 | 153 | 408 | 434 | 36.9% |
Mexico | 138 | 132 | 211 | 217 | 16.3% |
Turkey | 4.1 | 4.1 | 12.1 | 19.9 | 69.3% |
Others | 14.7 | 10.6 | 12.6 | 10.0 | -12.1% |
Total | 935 | 741 | 1,368 | 1,591 | 19.4% |
Top Suppliers of Feldspar to Colombia in 2022:
- Spain (2.8K tons)
- United States (1.3K tons)
- Mexico (1.1K tons)
- Turkey (0.1K tons)
Feldspar Exports in Colombia
In 2022, shipments abroad of feldspar decreased by -98.5% to 8.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 4.1% against the previous year. As a result, the exports reached the peak of 637 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, feldspar exports reduced rapidly to $2.4K in 2022. Overall, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 3.1% against the previous year. As a result, the exports reached the peak of $105K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Feldspar in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | N/A | 0.1 | 0.1 | 1.5 | 287.3% |
Peru | 1.5 | 1.2 | 0.7 | 0.8 | -18.9% |
Spain | N/A | N/A | N/A | N/A | 0% |
Venezuela | 46.6 | 65.5 | 63.7 | N/A | 16.9% |
Ecuador | 38.0 | 31.7 | 33.0 | N/A | -6.8% |
Guatemala | 16.0 | 6.7 | 2.8 | N/A | -58.2% |
Italy | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 102 | 105 | 100 | 2.4 | -71.3% |
Top Export Markets for Feldspar from Colombia in 2022:
- Spain (3.7 tons)
- Mexico (2.8 tons)
- Peru (2.1 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the feldspar 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:
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
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In 2021, global feldspar production picked up 15% y/y to 28M tons, driven by growing demand from the glass industry and solar panel manufacturing.
Feldspar exports from Turkey soared in the first half of this year, rising by 43% against the same period of 2020. The country remains the largest feldspar exporter, accounting for 63% of the total global exports. India and China continue to increase feldspar sales abroad. The average feldspar export price grew by +2.4% compared to the previous year. In 2020, Spain and Italy remain the major importers of this product, with a combined 53%-share of the global imports.
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In 2021, global feldspar production picked up 15% y/y to 28M tons, driven by growing demand from the glass industry and solar panel manufacturing.