Colombia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Colombia

The Colombian ceramic tile market declined slightly to $X in 2023, remaining constant against the previous year. Over the period under review, consumption recorded a mild decrease. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Ceramic Tile Production in Colombia

In value terms, ceramic tile production fell slightly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Ceramic tile production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Ceramic Tile Exports

Exports from Colombia

In 2023, approx. X square meters of ceramic tiles were exported from Colombia; picking up by X% on 2022. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X square meters in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, ceramic tile exports expanded sharply to $X in 2023. In general, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Ecuador (X square meters), the United States (X square meters) and El Salvador (X square meters) were the main destinations of ceramic tile exports from Colombia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by El Salvador (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the United States ($X) and El Salvador ($X) constituted the largest markets for ceramic tile exported from Colombia worldwide, with a combined X% share of total exports.

El Salvador, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ceramic tile export price stood at $X per square meter in 2023, leveling off at the previous year. In general, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2023, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Guatemala ($X per square meter) and Chile ($X per square meter), while the average price for exports to Ecuador ($X per square meter) and Panama ($X per square meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced a decline.

Ceramic Tile Imports

Imports into Colombia

In 2023, the amount of ceramic tiles imported into Colombia expanded markedly to X square meters, with an increase of X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, ceramic tile imports expanded markedly to $X in 2023. In general, imports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Brazil (X square meters), China (X square meters) and Spain (X square meters) were the main suppliers of ceramic tile imports to Colombia, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ceramic tile suppliers to Colombia were Brazil ($X), China ($X) and Spain ($X), together accounting for X% of total imports. India, Peru, Ecuador, Italy and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ceramic tile import price stood at $X per square meter in 2023, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2023, the average 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 India ($X per square meter), while the price for Peru ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform