Colombia - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMechano-Therapy Appliances Price in Colombia - 2022
Contents:
- Mechano-Therapy Appliances Price in Colombia (CIF) - 2022
- Mechano-Therapy Appliances Price in Colombia (FOB) - 2022
- Mechano-Therapy Appliances Imports in Colombia
- Mechano-Therapy Appliances Exports in Colombia
Mechano-Therapy Appliances Price in Colombia (CIF) - 2022
The average mechano-therapy appliances import price stood at $12 per unit in 2022, picking up by 7.5% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechano-therapy appliances import price increased by +57.5% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21 per unit), while the price for China ($9.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced a decline.
Mechano-Therapy Appliances Price in Colombia (FOB) - 2022
The average mechano-therapy appliances export price stood at $23 per unit in 2022, surging by 22% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 27% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Peru ($56 per unit), while the average price for exports to Venezuela ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Mechano-Therapy Appliances Imports in Colombia
After three years of growth, overseas purchases of mechano-therapy appliances and massage apparatus decreased by -15.9% to 1.7M units in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of 2M units, and then declined notably in the following year.
In value terms, mechano-therapy appliances imports fell to $20M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of $22M, and then reduced in the following year.
Import of Mechano-Therapy Appliances in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 9.3 | 14.7 | 13.3 | 22.7% |
United States | 1.8 | 0.8 | 1.3 | 1.5 | -5.9% |
Mexico | 0.7 | 0.5 | 0.8 | 1.1 | 16.3% |
South Korea | 1.0 | 0.6 | 0.2 | 0.7 | -11.2% |
Others | 2.8 | 3.9 | 5.0 | 3.3 | 5.6% |
Total | 13.6 | 15.1 | 22.1 | 20.0 | 13.7% |
Top Suppliers of Mechano-Therapy Appliances to Colombia in 2022:
- China (1413.3K units)
- Mexico (95.8K units)
- United States (69.8K units)
- South Korea (52.1K units)
Mechano-Therapy Appliances Exports in Colombia
In 2022, mechano-therapy appliances exports from Colombia reduced notably to 37K units, with a decrease of -18.6% against the previous year's figure. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 219% against the previous year. As a result, the exports attained the peak of 46K units, and then reduced markedly in the following year.
In value terms, mechano-therapy appliances exports contracted slightly to $857K in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 188%. As a result, the exports reached the peak of $864K, leveling off in the following year.
Export of Mechano-Therapy Appliances in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 127 | 102 | 358 | 346 | 39.7% |
United States | 156 | 14.2 | 50.6 | 214 | 11.1% |
Spain | N/A | 0.3 | 85.3 | 76.0 | 1491.6% |
Panama | 27.7 | 42.5 | 94.4 | 52.9 | 24.1% |
Trinidad and Tobago | 1.8 | N/A | 2.1 | 38.0 | 176.4% |
Aruba | 5.7 | 1.1 | 1.8 | 13.5 | 33.3% |
Dominican Republic | 67.3 | N/A | 38.6 | 11.3 | -44.8% |
Peru | 39.2 | 28.2 | 22.5 | 7.3 | -42.9% |
Suriname | 8.5 | 15.9 | N/A | N/A | 87.1% |
Chile | N/A | N/A | 126 | N/A | 0% |
Others | 39.8 | 96.5 | 85.2 | 98.9 | 35.4% |
Total | 473 | 300 | 864 | 857 | 21.9% |
Top Export Markets for Mechano-Therapy Appliances from Colombia in 2022:
- Ecuador (20.9K units)
- United States (5.4K units)
- Spain (3.7K units)
- Panama (2.5K units)
- Trinidad and Tobago (2.3K units)
- Aruba (0.7K units)
- Dominican Republic (0.5K units)
- Peru (0.1K units)
This report provides an in-depth analysis of the mechano-therapy appliances 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 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)
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
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