Colombia - Tube Or Pipe Fittings Of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia - 2024
Contents:
- Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (CIF) - 2024
- Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia
- Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia
Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (CIF) - 2024
The average import price for tube or pipe fittings of non-malleable cast iron stood at $2,928 per ton in February 2024, reducing by -25.5% against the previous month. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in March 2023 an increase of 130% m-o-m. As a result, import price attained the peak level of $12,558 per ton. From April 2023 to February 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2023 to February 2024, the rate of growth in terms of prices for China amounted to -5.2% per month.
Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (FOB) - 2022
The average export price for tube or pipe fittings of non-malleable cast iron stood at $4,503 per ton in 2022, growing by 24% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ecuador ($4,981 per ton) and Guatemala ($4,318 per ton), while the average price for exports to Mexico ($3,606 per ton) and Nicaragua ($3,836 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia
In 2022, approx. 693 tons of tube or pipe fittings of non-malleable cast iron were imported into Colombia; picking up by 4.5% against 2021 figures. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 713 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe fittings of non-malleable cast iron skyrocketed to $3M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 882 | 1,618 | 1,534 | 2,217 | 36.0% |
| France | 621 | 31.2 | 17.0 | 208 | -30.6% |
| United States | 622 | 127 | 128 | 117 | -42.7% |
| Brazil | 2.7 | 79.4 | 211 | 93.1 | 225.5% |
| Others | 399 | 304 | 354 | 377 | -1.9% |
| Total | 2,527 | 2,160 | 2,243 | 3,013 | 6.0% |
Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Colombia in 2022:
- China (600.8 tons)
- France (40.2 tons)
- Brazil (21.9 tons)
- United States (4.8 tons)
Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia
In 2022, overseas shipments of tube or pipe fittings of non-malleable cast iron increased by 43% to 92 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of tube or pipe fittings of non-malleable cast iron skyrocketed to $414K in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage.
| Export of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 29.8 | 35.4 | 11.9 | 170 | 78.7% |
| Costa Rica | 417 | 247 | 171 | 155 | -28.1% |
| Nicaragua | 5.2 | 11.2 | 13.7 | 40.8 | 98.7% |
| Guatemala | 15.7 | N/A | 16.1 | 30.8 | 25.2% |
| Panama | 12.3 | 3.2 | 14.6 | 7.1 | -16.7% |
| Others | 37.8 | 1.7 | 5.9 | 9.5 | -36.9% |
| Total | 518 | 298 | 233 | 414 | -7.2% |
Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Colombia in 2022:
- Costa Rica (36.2 tons)
- Ecuador (34.2 tons)
- Nicaragua (10.6 tons)
- Guatemala (7.1 tons)
- Panama (1.8 tons)
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings 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 2025.
Product coverage:
- Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
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
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