Report Update: Apr 1, 2024

Colombia - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights

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Files and Rasps Price in Colombia - 2022

Files and Rasps Price in Colombia (CIF) - 2022

The average files and rasps import price stood at $555 per thousand units in February 2022, reducing by -16.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 30% m-o-m. Over the period under review, average import prices reached the maximum at $701 per thousand units in October 2021; however, from November 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 Switzerland ($3.2 per unit), while the price for China ($378 per thousand units) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Files and Rasps Price in Colombia (FOB) - 2022

The average files and rasps export price stood at $1 per unit in 2022, declining by -3.2% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 8.2% against the previous year. Over the period under review, the average export prices hit record highs at $1.3 per unit in 2012; however, from 2013 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 the United States ($2.5 per unit), while the average price for exports to Guatemala ($0.5 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 (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Files and Rasps Imports in Colombia

Files and rasps imports into Colombia declined significantly to 10M units in 2022, reducing by -25.5% compared with the year before. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 104%. As a result, imports reached the peak of 14M units, and then fell significantly in the following year.

In value terms, files and rasps imports fell remarkably to $5.6M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 96%. As a result, imports reached the peak of $7.5M, and then declined markedly in the following year.

Import of Files and Rasps in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	1,478	2,118	4,970	3,498	33.3%
Mexico	1,769	136	136	472	-35.6%
China	488	338	641	451	-2.6%
Switzerland	296	363	462	326	3.3%
Free Zones	390	261	423	298	-8.6%
Brazil	465	346	372	273	-16.3%
Others	281	256	470	328	5.3%
Total	5,167	3,819	7,474	5,646	3.0%

Top Suppliers of Files and Rasps to Colombia in 2022:

India (7.9M units)
China (1.0M units)
Mexico (0.5M units)
Free Zones (0.3M units)
Brazil (0.2M units)
Switzerland (0.2M units)

Files and Rasps Exports in Colombia

After three years of growth, overseas shipments of files, rasps and similar tools decreased by -14.6% to 5.6M units in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 6.6M units, and then contracted in the following year.

In value terms, files and rasps exports shrank significantly to $5.5M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +26.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of $6.6M, and then contracted significantly in the following year.

Export of Files and Rasps in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	1,018	997	2,354	1,925	23.7%
Ecuador	1,966	1,630	2,261	1,848	-2.0%
Paraguay	424	394	384	317	-9.2%
Guatemala	217	269	274	224	1.1%
Mexico	243	278	216	194	-7.2%
Venezuela	43.2	28.2	201	164	56.0%
Brazil	165	163	181	148	-3.6%
Argentina	124	117	98.8	89.3	-10.4%
Others	436	435	638	548	7.9%
Total	4,636	4,309	6,606	5,458	5.6%

Top Export Markets for Files and Rasps from Colombia in 2022:

Peru (2395.8K units)
Ecuador (1036.5K units)
Guatemala (467.8K units)
Paraguay (417.0K units)
Mexico (341.9K units)
Venezuela (146.9K units)
Brazil (122.6K units)
Argentina (97.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)

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