Colombia - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPublic Works Machinery Price in Colombia - 2022
Contents:
- Public Works Machinery Price in Colombia (CIF) - 2022
- Public Works Machinery Price in Colombia (FOB) - 2022
- Public Works Machinery Imports in Colombia
- Public Works Machinery Exports in Colombia
Public Works Machinery Price in Colombia (CIF) - 2022
The average public works machinery import price stood at $7,463 per unit in 2022, which is down by -40.4% against the previous year. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2021 an increase of 109% against the previous year. Over the period under review, average import prices attained the maximum at $13,335 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($42,935 per unit), while the price for China ($1,989 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Public Works Machinery Price in Colombia (FOB) - 2022
The average public works machinery export price stood at $37,410 per unit in 2022, surging by 79% against the previous year. Over the period under review, the export price saw buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($120,000 per unit), while the average price for exports to Peru totaled $33,281 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Public Works Machinery Imports in Colombia
In 2022, approx. 1.4K units of machinery for public works and building were imported into Colombia; increasing by 57% compared with 2021 figures. Over the period under review, imports, however, faced a sharp reduction. Imports peaked at 2.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, public works machinery imports reduced to $11M in 2022. Overall, imports, however, continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 218% against the previous year. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Public Works Machinery in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.4 | 1.1 | 7.9 | 5.8 | -14.9% |
United States | 2.8 | 0.4 | 1.1 | 2.0 | -10.6% |
China | 0.7 | 0.4 | 0.9 | 2.0 | 41.9% |
Italy | 1.2 | 0.5 | 0.5 | 0.5 | -25.3% |
Spain | 6.1 | 0.7 | 0.7 | 0.2 | -68.0% |
Others | 2.3 | 0.4 | 0.5 | 0.3 | -49.3% |
Total | 22.4 | 3.6 | 11.5 | 10.8 | -21.6% |
Top Suppliers of Public Works Machinery to Colombia in 2022:
- China (1006.0 units)
- United States (162.0 units)
- Germany (135.0 units)
- Italy (84.0 units)
- Spain (40.0 units)
Public Works Machinery Exports in Colombia
In 2022, approx. 21 units of machinery for public works and building were exported from Colombia; waning by -36.4% against the previous year. Overall, exports faced a abrupt slump. The smallest decline of -2.7% was in 2020. The exports peaked at 37 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, public works machinery exports totaled $786K in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Public Works Machinery in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 401 | 278 | 348 | 666 | 18.4% |
Costa Rica | N/A | N/A | N/A | 120 | 0% |
Ecuador | 194 | 3.6 | 4.5 | N/A | -84.8% |
Nigeria | N/A | 319 | N/A | N/A | 0% |
Paraguay | N/A | N/A | 222 | N/A | 0% |
Spain | 45.5 | N/A | 19.2 | N/A | -35.0% |
Aruba | N/A | 23.7 | N/A | N/A | 0% |
Guatemala | N/A | 70.0 | N/A | N/A | 0% |
Others | 18.6 | 4.0 | 96.4 | N/A | 127.7% |
Total | 659 | 698 | 691 | 786 | 6.1% |
Top Export Markets for Public Works Machinery from Colombia in 2022:
- Peru (20.0 units)
- Costa Rica (1.0 units)
This report provides an in-depth analysis of the public works machinery 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 28923090 - Machinery for public works, building..., having individual functions
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
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