Colombia: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Colombia

In 2022, the Colombian stone sawing machine market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a deep setback. Stone sawing machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Stone Sawing Machine Exports

Exports from Colombia

In 2022, approx. X units of sawing machines for working stone, ceramics and concrete were exported from Colombia; reducing by X% compared with 2021. In general, exports, however, saw prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, stone sawing machine exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X units) was the main destination for stone sawing machine exports from Colombia, accounting for a X% share of total exports. Moreover, stone sawing machine exports to Ecuador exceeded the volume sent to the second major destination, Nicaragua (X units), fourfold. Haiti (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Ecuador ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Nicaragua ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ecuador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Chile (X% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the 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 ($X per unit), while the average price for exports to Haiti ($X 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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Colombia

In 2022, purchases abroad of sawing machines for working stone, ceramics and concrete increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, stone sawing machine imports surged to $X in 2022. Overall, imports, however, showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest stone sawing machine supplier to Colombia, with a X% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), fourfold. The third position in this ranking was held by Spain (X units), with a X% share.

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

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Colombia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

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

Import Prices by Country

In 2022, the average stone sawing machine import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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