Colombia - Electric Sound Amplifier Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Sound Amplifier Price in Colombia - 2022
Contents:
- Electric Sound Amplifier Price in Colombia (CIF) - 2022
- Electric Sound Amplifier Price in Colombia (FOB) - 2022
- Electric Sound Amplifier Imports in Colombia
- Electric Sound Amplifier Exports in Colombia
Electric Sound Amplifier Price in Colombia (CIF) - 2022
In February 2022, the average electric sound amplifier import price amounted to $32.4 per unit, shrinking by -53.7% against the previous month. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in October 2021 when the average import price increased by 82% month-to-month. As a result, import price attained the peak level of $102 per unit. From November 2021 to February 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($179 per unit), while the price for China amounted to $31.5 per unit.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.4%).
Electric Sound Amplifier Price in Colombia (FOB) - 2022
The average electric sound amplifier export price stood at $352 per unit in 2022, increasing by 7.3% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2016 when the average export price increased by 9.2%. Over the period under review, the average export prices attained the peak figure at $432 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($470 per unit), while the average price for exports to the United Arab Emirates ($252 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 the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Sound Amplifier Imports in Colombia
In 2022, after two years of decline, there was significant growth in overseas purchases of electric sound amplifier sets, when their volume increased by 2,783% to 558K units. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric sound amplifier imports surged to $32M in 2022. In general, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Sound Amplifier in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.0 | 20.1 | 1.1 | 27.8 | 13.5% |
| Vietnam | N/A | 0.3 | 0.1 | 1.9 | 151.7% |
| Others | 1.1 | 0.6 | N/A | 2.1 | 24.1% |
| Total | 20.1 | 21.0 | 1.3 | 31.8 | 16.5% |
Top Suppliers of Electric Sound Amplifier to Colombia in 2022:
- China (539.4K units)
- Vietnam (12.5K units)
Electric Sound Amplifier Exports in Colombia
In 2022, electric sound amplifier exports from Colombia soared to 2.1K units, growing by 34% on 2021 figures. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric sound amplifier exports skyrocketed to $723K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Sound Amplifier in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 173 | 154 | 193 | 345 | 25.9% |
| Ecuador | 23.2 | 10.9 | 30.0 | 111 | 68.5% |
| United Arab Emirates | 73.5 | 160 | 69.9 | 99.8 | 10.7% |
| Venezuela | 119 | 61.8 | 84.4 | 77.5 | -13.3% |
| Canada | N/A | 7.1 | N/A | 33.1 | 115.9% |
| Guatemala | 25.9 | 26.0 | 51.2 | 27.2 | 1.6% |
| United States | 67.0 | 49.8 | 33.4 | 6.0 | -55.3% |
| Others | 27.3 | 25.9 | 41.1 | 22.6 | -6.1% |
| Total | 508 | 496 | 503 | 723 | 12.5% |
Top Export Markets for Electric Sound Amplifier from Colombia in 2022:
- Mexico (930.0 units)
- United Arab Emirates (396.0 units)
- Ecuador (280.0 units)
- Venezuela (190.0 units)
- Canada (120.0 units)
- Guatemala (58.0 units)
- United States (14.0 units)
This report provides an in-depth analysis of the electric sound amplifier 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 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
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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