Colombia - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Coffee Machine Price in Colombia - 2022
Contents:
- Domestic Coffee Machine Price in Colombia (CIF) - 2022
- Domestic Coffee Machine Price in Colombia (FOB) - 2022
- Domestic Coffee Machine Imports in Colombia
- Domestic Coffee Machine Exports in Colombia
Domestic Coffee Machine Price in Colombia (CIF) - 2022
The average domestic coffee machine import price stood at $19.8 per unit in February 2022, waning by -49.7% against the previous month. Overall, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in April 2021 an increase of 31% month-to-month. The import price peaked at $49.7 per unit in November 2021; however, from December 2021 to February 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($157 per unit), while the price for China ($16.0 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 Hungary (+8.5%), while the prices for the other major suppliers experienced a decline.
Domestic Coffee Machine Price in Colombia (FOB) - 2022
The average domestic coffee machine export price stood at $19 per unit in 2022, surging by 10% against the previous year. Over the period under review, the export price posted moderate growth. The pace of growth was the most pronounced in 2017 an increase of 121% against the previous year. As a result, the export price reached the peak level of $58 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($58 per unit), while the average price for exports to the United States ($5.9 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 Venezuela (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Coffee Machine Imports in Colombia
In 2022, approx. 1.4M units of domestic electric coffee or tea makers were imported into Colombia; surging by 48% on the previous year's figure. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 73%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, domestic coffee machine imports skyrocketed to $14M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Domestic Coffee Machine in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 4.9 | 8.0 | 11.1 | 33.2% |
| Hungary | N/A | N/A | N/A | 1.0 | 0% |
| Ukraine | 0.6 | 0.5 | 0.9 | 0.9 | 14.5% |
| Others | 0.7 | 0.5 | 0.9 | 1.1 | 16.3% |
| Total | 6.0 | 5.9 | 9.8 | 14.1 | 33.0% |
Top Suppliers of Domestic Coffee Machine to Colombia in 2022:
- China (1305.2K units)
- Ukraine (64.7K units)
- Hungary (46.3K units)
Domestic Coffee Machine Exports in Colombia
In 2022, approx. 7.3K units of domestic electric coffee or tea makers were exported from Colombia; with a decrease of -23.7% against 2021 figures. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 305%. As a result, the exports attained the peak of 9.6K units, and then fell markedly in the following year.
In value terms, domestic coffee machine exports shrank dramatically to $142K in 2022. In general, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 122% against the previous year. Over the period under review, the exports reached the peak figure at $328K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Domestic Coffee Machine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 217 | 18.7 | 69.5 | 51.4 | -38.1% |
| Venezuela | 54.5 | 31.3 | 16.9 | 42.1 | -8.2% |
| Dominican Republic | N/A | 1.9 | 57.6 | 23.2 | 249.4% |
| Panama | 11.3 | 4.6 | 11.2 | 15.0 | 9.9% |
| United States | N/A | 2.2 | 0.8 | 4.0 | 34.8% |
| Honduras | 0.5 | N/A | 3.0 | 3.2 | 85.7% |
| Guatemala | 37.8 | 1.6 | 0.8 | 2.2 | -61.2% |
| Costa Rica | N/A | 15.1 | 0.8 | 0.3 | -85.9% |
| El Salvador | 0.9 | N/A | 1.5 | N/A | 29.1% |
| Others | 5.8 | 0.3 | 6.7 | 0.7 | -50.6% |
| Total | 328 | 75.8 | 169 | 142 | -24.4% |
Top Export Markets for Domestic Coffee Machine from Colombia in 2022:
- Ecuador (3165.0 units)
- Dominican Republic (1410.0 units)
- Panama (1011.0 units)
- Venezuela (720.0 units)
- United States (679.0 units)
- Honduras (220.0 units)
- Guatemala (72.0 units)
- Costa Rica (16.0 units)
This report provides an in-depth analysis of the domestic coffee machine 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 27512430 - Domestic electric coffee or tea makers (including percolators)
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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