Colombia: Lead Market 2024

Lead Market Size in Colombia

In 2022, the Colombian lead market increased by X% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Lead consumption peaked in 2022 and is expected to retain growth in the immediate term.

Lead Production in Colombia

In value terms, lead production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Lead production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Lead Exports

Exports from Colombia

In 2022, approx. X tons of lead were exported from Colombia; dropping by X% compared with 2021 figures. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead exports fell rapidly to $X in 2022. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for lead exports from Colombia, with a X% share of total exports. Moreover, lead exports to Brazil exceeded the volume sent to the second major destination, Venezuela (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled X%.

In value terms, Brazil ($X) remains the key foreign market for lead exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Venezuela ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to X%.

Export Prices by Country

In 2022, the average lead export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Venezuela stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Lead Imports

Imports into Colombia

In 2022, supplies from abroad of lead increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, lead imports surged to $X in 2022. Overall, imports recorded strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Costa Rica (X tons), Chile (X tons) and Ecuador (X tons) were the main suppliers of lead imports to Colombia, with a combined X% share of total imports. Venezuela, Mexico, Ghana and Peru lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ghana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lead suppliers to Colombia were Costa Rica ($X), Chile ($X) and Ecuador ($X), together accounting for X% of total imports. Mexico, Venezuela, Ghana and Peru lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Ghana, 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 lead import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Peru ($X per ton) and Mexico ($X per ton), while the price for Venezuela ($X per ton) and Costa Rica ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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