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Colombia - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Container Price in Colombia - 2022
Contents:
- Plastic Container Price in Colombia (CIF) - 2022
- Plastic Container Price in Colombia (FOB) - 2022
- Plastic Container Imports in Colombia
- Plastic Container Exports in Colombia
Plastic Container Price in Colombia (CIF) - 2022
The average plastic container import price stood at $7,041 per ton in February 2022, growing by 71% against the previous month. Overall, import price indicated a buoyant increase from February 2021 to February 2022: its price increased at an average monthly rate of +5.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, plastic container import price increased by +112.4% against December 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was China ($35,140 per ton), while the price for Chile ($2,571 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 (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Container Price in Colombia (FOB) - 2022
The average plastic container export price stood at $3,992 per ton in February 2022, falling by -29.6% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 40% against the previous month. As a result, the export price reached the peak level of $5,669 per ton, and then declined sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Peru ($9,097 per ton), while the average price for exports to Argentina ($1,334 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 Panama (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Container Imports in Colombia
After three years of growth, supplies from abroad of plastic containers decreased by -66.8% to 1.9K tons in 2022. Overall, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, imports attained the peak of 5.8K tons, and then declined remarkably in the following year.
In value terms, plastic container imports fell to $20M in 2022. Over the period under review, imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of $21M, and then declined in the following year.
Import of Plastic Container in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 1.2 | 1.1 | 1.4 | 18.8 | 150.2% |
Turkey | N/A | N/A | 0.2 | 0.3 | 50.0% |
Hungary | 0.5 | 0.6 | 0.4 | N/A | -10.6% |
Chile | 1.8 | 1.4 | 1.5 | N/A | -8.7% |
China | 1.3 | 1.6 | 2.5 | N/A | 38.7% |
United States | 5.4 | 8.8 | 5.8 | N/A | 3.6% |
Mexico | 4.9 | 0.2 | 3.1 | N/A | -20.5% |
Italy | 1.5 | 1.1 | 0.9 | N/A | -22.5% |
Others | 4.0 | 3.0 | 5.5 | 0.5 | -50.0% |
Total | 20.5 | 17.9 | 21.3 | 19.6 | -1.5% |
Top Suppliers of Plastic Container to Colombia in 2022:
- Brazil (1854.7 tons)
- Turkey (45.8 tons)
Plastic Container Exports in Colombia
In 2022, plastic container exports from Colombia fell remarkably to 235 tons, reducing by -85.2% against the previous year. Over the period under review, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5%.
In value terms, plastic container exports dropped modestly to $6.4M in 2022. Overall, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9% against the previous year.
Export of Plastic Container in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 372 | 260 | 583 | 5,920 | 151.5% |
Brazil | 220 | 89.5 | 123 | 372 | 19.1% |
Paraguay | 4.2 | 0.4 | 6.1 | 67.2 | 152.0% |
Ecuador | 2,132 | 523 | 761 | N/A | -40.3% |
Panama | 2,077 | 517 | 909 | N/A | -33.8% |
Argentina | 500 | 106 | 314 | N/A | -20.8% |
Peru | 1,421 | 416 | 631 | N/A | -33.4% |
United States | 13,090 | 2,992 | 1,884 | N/A | -62.1% |
Dominican Republic | 572 | 107 | 183 | N/A | -43.4% |
Mexico | 579 | 78.9 | 10.3 | N/A | -86.7% |
Chile | 436 | 162 | 249 | N/A | -24.4% |
Jamaica | 420 | 115 | N/A | N/A | -72.6% |
Canada | 593 | 253 | 266 | N/A | -33.0% |
Others | 1,859 | 498 | 682 | 0.4 | -94.0% |
Total | 24,275 | 6,119 | 6,601 | 6,360 | -36.0% |
Top Export Markets for Plastic Container from Colombia in 2022:
- Turkey (154.6 tons)
- Brazil (72.3 tons)
- Paraguay (7.8 tons)
This report provides an in-depth analysis of the plastic container 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)
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
-
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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