Colombia - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia - 2022
Contents:
- Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (CIF) - 2022
- Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (FOB) - 2022
- Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia
- Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia
Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (CIF) - 2022
In February 2022, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $15,929 per ton, rising by 43% against the previous month. Overall, import price indicated a temperate expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for wiring sets used in vehicles, aircraft or ships increased by +42.8% against January 2022 indices. The import price peaked at $17,228 per ton in May 2021; however, from June 2021 to February 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($63,403 per ton), while the price for Morocco ($8,012 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 China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (FOB) - 2022
In 2022, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $33,953 per ton, waning by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 51%. As a result, the export price attained the peak level of $34,975 per ton, and then contracted modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($45,708 per ton), while the average price for exports to Panama ($3,391 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 Venezuela (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia
In 2022, approx. 406 tons of wiring sets used in vehicles, aircraft or ships were imported into Colombia; rising by 28% against 2021 figures. In general, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of wiring sets used in vehicles, aircraft or ships soared to $11M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +94.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 62%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,457 | 1,872 | 2,433 | 2,243 | 15.5% |
| United States | 1,938 | 824 | 1,751 | 1,285 | -12.8% |
| Mexico | 838 | 93.8 | 111 | 1,070 | 8.5% |
| Spain | 14.5 | 1.0 | 0.9 | 934 | 300.9% |
| Japan | 193 | 176 | 119 | 827 | 62.4% |
| India | 365 | 198 | 379 | 717 | 25.2% |
| Brazil | 393 | 357 | 660 | 647 | 18.1% |
| South Korea | 438 | 166 | 221 | 552 | 8.0% |
| Romania | 181 | 69.4 | 148 | 312 | 19.9% |
| Morocco | N/A | N/A | N/A | 217 | 0% |
| Thailand | 226 | 155 | 262 | 41.1 | -43.3% |
| Others | 2,154 | 1,608 | 2,842 | 1,872 | -4.6% |
| Total | 8,200 | 5,521 | 8,926 | 10,718 | 9.3% |
Top Suppliers of Wiring Sets Used in Vehicles, Aircraft or Ships to Colombia in 2022:
- China (251.5 tons)
- Romania (48.6 tons)
- India (48.6 tons)
- South Korea (35.4 tons)
- Japan (33.4 tons)
- Spain (30.8 tons)
- United States (30.0 tons)
- Morocco (28.9 tons)
- Mexico (28.5 tons)
- Brazil (15.1 tons)
- Thailand (3.5 tons)
Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia
In 2022, approx. 302 tons of wiring sets used in vehicles, aircraft or ships were exported from Colombia; with an increase of 19% against 2021 figures. Over the period under review, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year.
In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $10M in 2022. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 129%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Wiring Sets Used in Vehicles, Aircraft or Ships in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 1.9 | 5.7 | 5.8 | 64.6% |
| Ecuador | 6.4 | 1.7 | 2.8 | 4.2 | -13.1% |
| Chile | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 8.1 | 3.9 | 8.8 | 10.2 | 8.0% |
Top Export Markets for Wiring Sets Used in Vehicles, Aircraft or Ships from Colombia in 2022:
- Ecuador (155.8 tons)
- United States (126.0 tons)
- Chile (11.2 tons)
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships 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 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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.
-
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
-
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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