Colombia - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electrical Board and Console in Colombia - 2022
Contents:
- Price for Electrical Board and Console in Colombia (CIF) - 2022
- Price for Electrical Board and Console in Colombia (FOB) - 2022
- Imports of Electrical Board and Console in Colombia
- Exports of Electrical Board and Console in Colombia
Price for Electrical Board and Console in Colombia (CIF) - 2022
In February 2022, the average electrical board and console import price amounted to $369 per unit, rising by 47% against the previous month. In general, import price indicated a perceptible increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, electrical board and console import price increased by +113.3% against November 2021 indices. The growth pace was the most rapid in December 2021 when the average import price increased by 53% month-to-month. Over the period under review, average import prices hit record highs in February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($526 per unit), while the price for Hungary ($122 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Board and Console in Colombia (FOB) - 2022
The average electrical board and console export price stood at $254 per unit in 2022, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. As a result, the export price reached the peak level of $352 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bolivia ($290 per unit) and Chile ($261 per unit), while the average price for exports to Peru ($199 per unit) and Ecuador ($257 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Board and Console in Colombia
In 2022, approx. 129K units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v were imported into Colombia; falling by -19.4% against the previous year. In general, imports showed a pronounced decline. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports attained the peak of 159K units, and then fell rapidly in the following year.
In value terms, electrical board and console imports declined sharply to $28M in 2022. Overall, imports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports attained the peak of $36M, and then dropped rapidly in the following year.
Import of Electrical Board and Console in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.6 | 4.3 | 14.9 | 11.0 | 18.6% |
China | 9.1 | 5.9 | 13.8 | 10.2 | 3.9% |
Spain | 2.8 | 4.3 | 2.2 | 2.3 | -6.3% |
United States | 1.9 | 1.4 | 0.6 | 1.0 | -19.3% |
Hungary | 1.2 | 0.8 | 1.4 | 1.0 | -5.9% |
Brazil | 1.4 | 0.6 | 0.9 | 0.7 | -20.6% |
Turkey | 1.3 | 0.8 | 0.9 | 0.7 | -18.6% |
Mexico | 1.5 | 0.9 | N/A | 0.6 | -26.3% |
Others | 1.9 | 1.7 | 1.5 | 1.0 | -19.3% |
Total | 27.6 | 20.7 | 36.2 | 28.5 | 1.1% |
Top Suppliers of Electrical Board and Console to Colombia in 2022:
- China (54.0K units)
- Germany (37.3K units)
- Hungary (8.8K units)
- Spain (8.2K units)
- Turkey (4.9K units)
- Brazil (4.1K units)
- Mexico (4.0K units)
- United States (2.6K units)
Exports of Electrical Board and Console in Colombia
In 2022, the amount of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v exported from Colombia dropped dramatically to 41K units, shrinking by -28.8% compared with 2021 figures. Overall, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 135%. The exports peaked at 96K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical board and console exports reduced markedly to $10M in 2022. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 126%. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electrical Board and Console in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 7.9 | 4.3 | 8.4 | 7.4 | -2.2% |
Chile | 2.4 | 0.3 | 0.8 | 1.1 | -22.9% |
Bolivia | 2.1 | 0.8 | 0.1 | 0.9 | -24.6% |
Peru | 1.4 | 0.9 | 0.6 | 0.9 | -13.7% |
Venezuela | 1.8 | N/A | N/A | N/A | 0% |
Argentina | 3.4 | N/A | N/A | N/A | 0% |
Paraguay | 1.1 | N/A | 3.6 | N/A | 80.9% |
Suriname | 2.4 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.1 | 0.9 | N/A | -5.1% |
Total | 23.5 | 6.3 | 14.4 | 10.4 | -23.8% |
Top Export Markets for Electrical Board and Console from Colombia in 2022:
- Ecuador (28.9K units)
- Peru (4.6K units)
- Chile (4.0K units)
- Bolivia (3.2K units)
This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
- Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV
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
-
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 market for electrical board and console in Colombia.
This report provides an in-depth analysis of the global market for electrical board and console.
This report provides an in-depth analysis of the market for electrical board and console in Colombia.
This report provides an in-depth analysis of the global market for electrical board and console.
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...