Colombia - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBed-Convertible Seat Price in Colombia - 2021
Contents:
- Bed-Convertible Seat Price in Colombia (CIF) - 2021
- Bed-Convertible Seat Price in Colombia (FOB) - 2022
- Bed-Convertible Seat Imports in Colombia
- Bed-Convertible Seat Exports in Colombia
Bed-Convertible Seat Price in Colombia (CIF) - 2021
In December 2021, the average bed-convertible seat import price amounted to $227 per unit, reducing by -9.4% against the previous month. In general, import price indicated a noticeable expansion from December 2020 to December 2021: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, bed-convertible seat import price increased by +7.0% against June 2021 indices. The most prominent rate of growth was recorded in June 2021 an increase of 46% month-to-month. Over the period under review, average import prices reached the peak figure at $251 per unit in November 2021, and then declined in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +3.7% per month.
Bed-Convertible Seat Price in Colombia (FOB) - 2022
The average bed-convertible seat export price stood at $204 per unit in 2022, standing approx. at the previous year. Overall, the export price showed a noticeable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 74%. Over the period under review, the average export prices attained the peak figure at $474 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +61.0% per year.
Bed-Convertible Seat Imports in Colombia
In 2022, approx. 20K units of seats convertible into beds were imported into Colombia; which is down by -30% on the year before. In general, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 150%. Over the period under review, imports reached the maximum at 45K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bed-convertible seat imports reduced notably to $3.5M in 2022. Overall, imports, however, continue to indicate modest growth. The pace of growth was the most pronounced in 2021 with an increase of 164% against the previous year. As a result, imports attained the peak of $5.1M, and then dropped notably in the following year.
| Import of Bed-Convertible Seat in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 1.7 | 4.9 | 3.4 | 3.1% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 3.3 | 1.9 | 5.1 | 3.5 | 2.0% |
Top Suppliers of Bed-Convertible Seat to Colombia in 2022:
- China (20.1K units)
Bed-Convertible Seat Exports in Colombia
In 2022, after three years of growth, there was significant decline in shipments abroad of seats convertible into beds, when their volume decreased by -15.2% to 418 units. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 78% against the previous year. The exports peaked at 493 units in 2021, and then declined dramatically in the following year.
In value terms, bed-convertible seat exports dropped to $85K in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 70%. Over the period under review, the exports hit record highs at $100K in 2021, and then contracted in the following year.
| Export of Bed-Convertible Seat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 0.1 | 70.1 | 77.3 | 85.2 | 848.0% |
| Ecuador | 34.8 | N/A | N/A | N/A | 0% |
| Bolivia | N/A | N/A | 22.5 | N/A | 0% |
| Aruba | 4.3 | N/A | N/A | N/A | 0% |
| Others | 2.3 | 0.6 | 0.1 | 0.1 | -64.8% |
| Total | 41.6 | 70.7 | 99.9 | 85.3 | 27.0% |
Top Export Markets for Bed-Convertible Seat from Colombia in 2022:
- Dominican Republic (415.0 units)
This report provides an in-depth analysis of the bed-convertible seat 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
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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