Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia - 2022

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $3,985 per ton in 2022, growing by 85% against the previous year. In general, the import price, however, showed a abrupt decline. Over the period under review, average import prices reached the maximum at $6,987 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($55,675 per ton), while the price for Brazil ($2,230 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26,411.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $2,024 per ton in 2022, with an increase of 8% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. The export price peaked at $5,205 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($10,517 per ton), while the average price for exports to the United States amounted to $1,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+10.4%), while the prices for the other major destinations experienced a decline.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia

Imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into Colombia reduced to 1.5K tons in 2022, shrinking by -13.6% compared with 2021 figures. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 104%. As a result, imports attained the peak of 1.7K tons, and then fell in the following year.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $6M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +83.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Colombia in 2022:

1. China (1242.9 tons)
2. United States (85.1 tons)
3. Venezuela (57.8 tons)
4. South Africa (35.1 tons)
5. Hong Kong SAR (28.4 tons)
6. Brazil (27.3 tons)
7. Spain (1.2 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Colombia

In 2022, shipments abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses increased by 14% to 780 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous shrinkage.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $1.6K in 2022. Over the period under review, exports, however, showed a precipitous decline.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Colombia in 2022:

1. United States (713.0 kg)
2. Ecuador (60.0 kg)
3. Panama (7.0 kg)

Source: IndexBox Market Intelligence Platform