Colombia: Market for Wood Concrete Shuttering, Shingles and Shakes 2024

Market Size for Wood Concrete Shuttering, Shingles and Shakes in Colombia

In 2022, the Colombian market for wood concrete shuttering, shingles and shakes increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate a mild decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Wood Concrete Shuttering, Shingles and Shakes

Exports from Colombia

In 2022, after six years of growth, there was significant decline in overseas shipments of wood concrete shuttering, shingles and shakes, when their volume decreased by X% to X tons. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, wood concrete shuttering and shingle exports shrank sharply to $X in 2022. Overall, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

El Salvador (X tons) was the main destination for wood concrete shuttering and shingle exports from Colombia, with a X% share of total exports. Moreover, wood concrete shuttering and shingle exports to El Salvador exceeded the volume sent to the second major destination, Mexico (X tons), fourfold. The third position in this ranking was held by Uruguay (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Uruguay (X% per year).

In value terms, El Salvador ($X) emerged as the key foreign market for wood concrete shuttering, shingles and shakes exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for wood concrete shuttering, shingles and shakes stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Uruguay ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Concrete Shuttering, Shingles and Shakes

Imports into Colombia

In 2022, purchases abroad of wood concrete shuttering, shingles and shakes decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, imports showed a mild contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wood concrete shuttering and shingle imports rose significantly to $X in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of wood concrete shuttering and shingle to Colombia, accounting for a X% share of total imports. Moreover, wood concrete shuttering and shingle imports from Spain exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and China (X% per year).

In value terms, Spain ($X) constituted the largest supplier of wood concrete shuttering, shingles and shakes to Colombia, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and China (X% per year).

Import Prices by Country

The average import price for wood concrete shuttering, shingles and shakes stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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