Colombia - Rotary Converters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Rotary Converter Price in Colombia - 2022
Contents:
- Electric Rotary Converter Price in Colombia (CIF) - 2022
- Electric Rotary Converter Price in Colombia (FOB) - 2022
- Electric Rotary Converter Imports in Colombia
- Electric Rotary Converter Exports in Colombia
Electric Rotary Converter Price in Colombia (CIF) - 2022
The average electric rotary converter import price stood at $2,626 per unit in 2022, waning by -14.5% against the previous year. In general, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 56%. Over the period under review, average import prices reached the peak figure at $5,449 per unit in 2012; however, from 2013 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 the United States ($6,994 per unit), while the price for the Dominican Republic ($92 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 (+0.2%), while the prices for the other major suppliers experienced a decline.
Electric Rotary Converter Price in Colombia (FOB) - 2022
In 2022, the average electric rotary converter export price amounted to $998 per unit, shrinking by -41.5% against the previous year. In general, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 an increase of 651% against the previous year. Over the period under review, the average export prices attained the maximum at $6,675 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Spain ($5,844 per unit), while the average price for exports to Venezuela ($46 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 Costa Rica (-0.7%), while the prices for the other major destinations experienced a decline.
Electric Rotary Converter Imports in Colombia
In 2022, approx. 301 units of electric rotary converters were imported into Colombia; jumping by 70% on 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 323% against the previous year. As a result, imports attained the peak of 487 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, electric rotary converter imports surged to $791K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 483% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Electric Rotary Converter in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 6.2 | 140 | 275 | 512.0% |
| Japan | 12.6 | 535 | 118 | 232 | 164.1% |
| China | 86.9 | 348 | 81.8 | 160 | 22.6% |
| United States | 37.4 | 68.3 | 33.8 | 66.2 | 21.0% |
| Taiwan (Chinese) | 10.8 | 12.5 | 6.6 | 13.0 | 6.4% |
| Mexico | 10.1 | 13.4 | 5.1 | 11.1 | 3.2% |
| Dominican Republic | 1.4 | 6.4 | 1.7 | 3.4 | 34.4% |
| Others | 17.4 | 48.6 | 157 | 30.1 | 20.0% |
| Total | 178 | 1,038 | 544 | 791 | 64.4% |
Top Suppliers of Electric Rotary Converter to Colombia in 2022:
- China (107.0 units)
- Germany (61.0 units)
- Japan (48.0 units)
- Dominican Republic (37.0 units)
- Taiwan (Chinese) (25.0 units)
- United States (9.0 units)
- Mexico (4.0 units)
Electric Rotary Converter Exports in Colombia
In 2022, overseas shipments of electric rotary converters increased by 33% to 8 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease. The exports peaked at 10 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric rotary converter exports contracted sharply to $7.9K in 2022. Over the period under review, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports hit record highs at $16K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Rotary Converter in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.6 | 3.2 | 4.2 | 6.1 | -21.5% |
| Costa Rica | 1.3 | 0.5 | 0.7 | 1.0 | -8.4% |
| United States | 1.2 | 0.2 | 0.2 | 0.4 | -30.7% |
| Venezuela | 0.5 | 0.1 | 0.1 | 0.2 | -26.3% |
| Denmark | N/A | 1.1 | N/A | N/A | 0% |
| Others | 0.6 | 0.1 | 5.4 | 0.2 | -30.7% |
| Total | 16.2 | 5.3 | 10.6 | 7.9 | -21.3% |
Top Export Markets for Electric Rotary Converter from Colombia in 2022:
- Venezuela (4.0 units)
- Costa Rica (2.0 units)
- United States (1.0 units)
- Spain (1.0 units)
This report provides an in-depth analysis of the electric rotary converter 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 27113270 - Rotary converters
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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