Colombia - Sanitary Ware And Parts Of Copper - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Sanitary Ware And Parts Of Copper - Market Analysis, Forecast, Size, Trends And Insights

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Copper Sanitary Ware Price in Colombia - 2022

Contents:

  1. Copper Sanitary Ware Price in Colombia (CIF) - 2022
  2. Copper Sanitary Ware Price in Colombia (FOB) - 2022
  3. Copper Sanitary Ware Imports in Colombia
  4. Copper Sanitary Ware Exports in Colombia

Copper Sanitary Ware Price in Colombia (CIF) - 2022

In February 2022, the average copper sanitary ware import price amounted to $14,460 per ton, picking up by 2% against the previous month. In general, import price indicated tangible growth from February 2021 to February 2022: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, copper sanitary ware import price decreased by -5.3% against December 2021 indices. The pace of growth appeared the most rapid in December 2021 an increase of 61% m-o-m. The import price peaked at $15,781 per ton in August 2021; however, from September 2021 to February 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +3.9% per month.

Copper Sanitary Ware Price in Colombia (FOB) - 2022

The average copper sanitary ware export price stood at $21,597 per ton in 2022, waning by -5.8% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 6.8% against the previous year. Over the period under review, the average export prices attained the maximum at $33,155 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($112,763 per ton), while the average price for exports to the United States ($3,972 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 (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports in Colombia

In 2022, the amount of sanitary ware and parts of copper imported into Colombia shrank notably to 208 tons, falling by -24.8% on the year before. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, imports attained the peak of 277 tons, and then fell notably in the following year.

In value terms, copper sanitary ware imports declined sharply to $2.3M in 2022. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $3.2M, and then fell markedly in the following year.

Import of Copper Sanitary Ware in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.31.22.92.117.3%
Others0.30.30.30.2-12.6%
Total1.61.53.22.312.9%

Top Suppliers of Copper Sanitary Ware to Colombia in 2022:

  1. China (201.8 tons)

Copper Sanitary Ware Exports in Colombia

In 2022, approx. 422 kg of sanitary ware and parts of copper were exported from Colombia; with an increase of 5.2% on the year before. Overall, exports, however, saw a precipitous decrease.

In value terms, copper sanitary ware exports fell modestly to $9.1K in 2022. In general, exports, however, faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 1.6%.

Export of Copper Sanitary Ware in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba0.20.32.72.9143.8%
Ecuador10.43.72.22.4-38.7%
Mexico7.62.81.81.9-37.0%
Guatemala0.20.20.60.644.2%
Costa Rica0.20.30.40.426.0%
Honduras0.40.30.20.2-20.6%
Venezuela1.60.50.20.2-50.0%
Others2.10.91.10.5-38.0%
Total22.79.09.29.1-26.3%

Top Export Markets for Copper Sanitary Ware from Colombia in 2022:

  1. Mexico (121.0 kg)
  2. Ecuador (109.0 kg)
  3. Cuba (92.0 kg)
  4. Guatemala (31.0 kg)
  5. Costa Rica (14.0 kg)
  6. Venezuela (13.0 kg)
  7. Honduras (11.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper sanitary ware 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 25991135 - Sanitary ware and parts thereof of copper

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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