Colombia - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFork-Lift Truck Price in Colombia - 2022
Contents:
- Fork-Lift Truck Price in Colombia (CIF) - 2022
- Fork-Lift Truck Price in Colombia (FOB) - 2022
- Fork-Lift Truck Imports in Colombia
- Fork-Lift Truck Exports in Colombia
Fork-Lift Truck Price in Colombia (CIF) - 2022
In February 2022, the average fork-lift truck import price amounted to $5,453 per unit, shrinking by -8.7% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2021 an increase of 90% against the previous month. The import price peaked at $9,540 per unit in June 2021; afterwards, it flattened through to February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($26,653 per unit), while the price for China ($2,200 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 the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Fork-Lift Truck Price in Colombia (FOB) - 2022
In 2022, the average fork-lift truck export price amounted to $7,998 per unit, surging by 23% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 714%. As a result, the export price attained the peak level of $10,354 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($39,334 per unit), while the average price for exports to Costa Rica ($301 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 Guatemala (+51.4%), while the prices for the other major destinations experienced more modest paces of growth.
Fork-Lift Truck Imports in Colombia
In 2022, imports of fork-lift trucks into Colombia shrank rapidly to 14K units, dropping by -20.3% against the previous year. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, imports reached the peak of 17K units, and then dropped dramatically in the following year.
In value terms, fork-lift truck imports declined to $48M in 2022. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Imports peaked at $58M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Fork-Lift Truck in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.1 | 12.8 | 12.1 | 14.2 | -2.0% |
China | 10.2 | 8.2 | 14.7 | 13.9 | 10.9% |
Germany | 12.0 | 7.7 | 6.4 | 6.8 | -17.2% |
Sweden | 3.4 | 1.5 | 1.6 | 1.9 | -17.6% |
Others | 17.6 | 12.5 | 18.3 | 11.2 | -14.0% |
Total | 58.3 | 42.7 | 53.1 | 47.9 | -6.3% |
Top Suppliers of Fork-Lift Truck to Colombia in 2022:
- China (11.6K units)
- United States (0.8K units)
- Germany (0.6K units)
- Sweden (0.2K units)
Fork-Lift Truck Exports in Colombia
For the third consecutive year, Colombia recorded decline in overseas shipments of fork-lift trucks, which decreased by -1.9% to 53 units in 2022. In general, exports showed a precipitous decline. Over the period under review, the exports reached the maximum at 178 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, fork-lift truck exports skyrocketed to $424K in 2022. Over the period under review, exports saw a abrupt decrease. Over the period under review, the exports reached the maximum at $660K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Fork-Lift Truck in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 263 | 376 | 76.8 | 262 | -0.1% |
United States | 60.8 | 23.1 | 49.9 | 39.3 | -13.5% |
Chile | 19.3 | 9.2 | 24.6 | 36.2 | 23.3% |
Venezuela | 7.1 | 28.6 | 52.9 | 29.7 | 61.1% |
Mexico | 19.9 | 29.0 | 13.0 | 13.2 | -12.8% |
Guatemala | 33.5 | 5.3 | 35.9 | 12.2 | -28.6% |
Panama | 8.7 | 7.0 | 3.1 | 1.6 | -43.1% |
Norway | N/A | N/A | N/A | 1.2 | 0% |
Costa Rica | 1.5 | 0.4 | 0.6 | 0.3 | -41.5% |
Peru | 160 | N/A | N/A | N/A | 0% |
Others | 86.6 | 18.5 | 93.4 | 28.4 | -31.0% |
Total | 660 | 497 | 350 | 424 | -13.7% |
Top Export Markets for Fork-Lift Truck from Colombia in 2022:
- Ecuador (43.0 units)
- Chile (2.0 units)
- Mexico (1.0 units)
- Norway (1.0 units)
- Panama (1.0 units)
- Costa Rica (1.0 units)
- United States (1.0 units)
- Guatemala (1.0 units)
- Venezuela (1.0 units)
This report provides an in-depth analysis of the fork-lift truck 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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
This report provides an in-depth analysis of the fork-lift truck market in Colombia.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Colombia.
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Colombia.
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in Colombia.
This report provides an in-depth analysis of the global fork-lift truck market.
This report provides an in-depth analysis of the global market for forklift truck and industrial works truck.
This report provides an in-depth analysis of the global non-self-propelled fork-lift truck market.
This report provides an in-depth analysis of the global market for self-propelled non-electric fork-lift truck.
This report provides an in-depth analysis of the fork-lift truck market in Colombia.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Colombia.
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