Colombia - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Colombia - 2022
Contents:
- Plastic Furniture Fittings Price in Colombia (CIF) - 2022
- Plastic Furniture Fittings Price in Colombia (FOB) - 2022
- Plastic Furniture Fittings Imports in Colombia
- Plastic Furniture Fittings Exports in Colombia
Plastic Furniture Fittings Price in Colombia (CIF) - 2022
In February 2022, the average plastic furniture fittings import price amounted to $8,281 per ton, remaining stable against the previous month. Overall, import price indicated a slight expansion from February 2021 to February 2022: its price increased at an average monthly rate of +1.3% 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 furniture fittings import price increased by +77.7% against December 2021 indices. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 77% against the previous month. The import price peaked at $9,030 per ton in May 2021; however, from June 2021 to February 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Taiwan (Chinese) ($15,946 per ton), while the price for the Czech Republic ($4,420 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 Brazil (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Plastic Furniture Fittings Price in Colombia (FOB) - 2022
The average plastic furniture fittings export price stood at $7,834 per ton in 2022, rising by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. Over the period under review, the average export prices attained the maximum at $14,205 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Ecuador ($12,924 per ton), while the average price for exports to Panama ($4,379 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 Ecuador (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Plastic Furniture Fittings Imports in Colombia
In 2022, supplies from abroad of plastic fittings for furniture increased by 30% to 420 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt descent.
In value terms, plastic furniture fittings imports rose rapidly to $2.8M in 2022. In general, imports, however, recorded a deep reduction.
Import of Plastic Furniture Fittings in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 697 | 918 | 912 | 935 | 10.3% |
Romania | 1,006 | 601 | 177 | 363 | -28.8% |
Italy | 209 | 220 | 245 | 251 | 6.3% |
Czech Republic | 26.4 | 67.9 | 194 | 199 | 96.1% |
Taiwan (Chinese) | 274 | 277 | 172 | 176 | -13.7% |
Brazil | 278 | 180 | 134 | 138 | -20.8% |
France | 371 | 164 | 111 | 138 | -28.1% |
Mexico | 155 | 100 | 106 | 109 | -11.1% |
Spain | 109 | 66.3 | 47.6 | 49.2 | -23.3% |
Poland | 11.0 | 38.2 | 47.8 | 49.0 | 64.5% |
Turkey | 54.1 | 58.2 | 34.9 | 35.8 | -12.9% |
Others | 564 | 374 | 307 | 333 | -16.1% |
Total | 3,754 | 3,065 | 2,489 | 2,777 | -9.6% |
Top Suppliers of Plastic Furniture Fittings to Colombia in 2022:
- China (223.4 tons)
- Romania (56.6 tons)
- Czech Republic (33.6 tons)
- Brazil (20.1 tons)
- France (15.3 tons)
- Italy (13.4 tons)
- Taiwan (Chinese) (11.1 tons)
- Mexico (7.9 tons)
- Poland (7.9 tons)
- Turkey (6.5 tons)
- Spain (5.6 tons)
Plastic Furniture Fittings Exports in Colombia
Plastic furniture fittings exports from Colombia contracted remarkably to 25 tons in 2022, dropping by -24.2% against 2021. Overall, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. As a result, the exports attained the peak of 33 tons, and then contracted rapidly in the following year.
In value terms, plastic furniture fittings exports shrank remarkably to $197K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of $253K, and then dropped notably in the following year.
Export of Plastic Furniture Fittings in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 88.2 | 81.2 | 104 | 81.7 | -2.5% |
Guatemala | 7.3 | 0.2 | 38.4 | 30.1 | 60.4% |
Panama | 5.8 | 9.5 | 25.4 | 19.9 | 50.8% |
Peru | 6.6 | 10.4 | 18.1 | 14.1 | 28.8% |
Chile | 0.2 | 1.1 | 14.7 | 11.5 | 286.0% |
Venezuela | 3.5 | 13.4 | 12.6 | 9.9 | 41.4% |
Honduras | 16.0 | 5.5 | 9.5 | 8.0 | -20.6% |
El Salvador | 7.3 | 0.9 | 3.9 | 3.1 | -24.8% |
Spain | 7.8 | N/A | N/A | N/A | 0% |
Others | 10.7 | 17.7 | 26.4 | 18.3 | 19.6% |
Total | 153 | 140 | 253 | 197 | 8.8% |
Top Export Markets for Plastic Furniture Fittings from Colombia in 2022:
- Ecuador (6.3 tons)
- Guatemala (4.8 tons)
- Panama (4.5 tons)
- Peru (2.6 tons)
- Chile (1.7 tons)
- Venezuela (1.5 tons)
- Honduras (0.8 tons)
- El Salvador (0.4 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
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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
This report provides an in-depth analysis of the plastic furniture fittings market in Colombia.
This report provides an in-depth analysis of the office supply market in Colombia.
This report provides an in-depth analysis of the plastic ornamental articles market in Colombia.
This report provides an in-depth analysis of the global plastic furniture fittings market.
This report provides an in-depth analysis of the global office supply market.
This report provides an in-depth analysis of the global plastic ornamental articles market.
This report provides an in-depth analysis of the plastic furniture fittings market in Colombia.
This report provides an in-depth analysis of the office supply market in Colombia.
This report provides an in-depth analysis of the plastic ornamental articles market in Colombia.
This report provides an in-depth analysis of the global plastic furniture fittings market.
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