Report Update: Apr 1, 2024

Colombia - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Electric Lamp Price in Colombia - 2022

Electric Lamp Price in Colombia (CIF) - 2022

In 2022, the average electric lamp import price amounted to $0.8 per unit, rising by 23% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric lamp import price increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 50%. As a result, import price attained the peak level of $0.9 per unit. From 2015 to 2022, the average import prices remained at a 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 the United States ($3 per unit), while the price for Slovakia (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Lamp Price in Colombia (FOB) - 2022

The average electric lamp export price stood at $1.1 per unit in 2022, with an increase of 5.2% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 218% against the previous year. As a result, the export price attained the peak level of $1.5 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($8.1 per unit), while the average price for exports to Ecuador ($1 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 (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports in Colombia

Electric lamp imports into Colombia shrank dramatically to 73M units in 2022, declining by -32.9% against the year before. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 12%. Imports peaked at 111M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports contracted remarkably to $57M in 2022. Overall, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $69M, and then shrank notably in the following year.

Import of Electric Lamp in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ecuador	N/A	N/A	N/A	41.3	0%
China	43.3	38.8	53.3	5.4	-50.0%
Poland	2.8	2.1	2.3	2.4	-5.0%
Germany	2.6	1.7	2.3	2.3	-4.0%
India	0.7	0.7	0.5	0.5	-10.6%
Italy	0.5	0.2	0.1	0.1	-41.5%
Slovakia	0.1	0.1	0.1	0.1	0.0%
Others	11.2	7.5	10.1	4.6	-25.7%
Total	61.1	51.2	68.7	56.8	-2.4%

Top Suppliers of Electric Lamp to Colombia in 2022:

Ecuador (29.4M units)
China (15.4M units)
Poland (12.8M units)
Slovakia (3.8M units)
India (3.4M units)
Italy (2.6M units)
Germany (1.9M units)

Electric Lamp Exports in Colombia

In 2022, approx. 680K units of electric lamps were exported from Colombia; increasing by 9.7% on the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, electric lamp exports skyrocketed to $767K in 2022. Overall, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at $916K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Lamp in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ecuador	45.7	42.2	189	568	131.6%
Brazil	49.2	N/A	17.9	43.2	-4.2%
Mexico	N/A	0.5	4.5	42.4	820.9%
Panama	423	420	58.0	30.8	-58.2%
Peru	45.4	53.2	56.0	20.0	-23.9%
Venezuela	31.4	0.1	N/A	6.9	-39.7%
Guatemala	183	60.8	139	5.8	-68.4%
Others	138	142	201	50.3	-28.6%
Total	916	719	665	767	-5.7%

Top Export Markets for Electric Lamp from Colombia in 2022:

Ecuador (583.7K units)
Mexico (26.4K units)
Panama (25.5K units)
Brazil (16.7K units)
Peru (5.5K units)
Guatemala (2.5K units)
Venezuela (0.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric lamp 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 27401100 - Sealed beam lamp units
Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
Prodcom 27401490 - Filament lamps n.e.c.
Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps
Prodcom 27403090 -

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023