Colombia - Hand Or Foot-Operated Air Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHand-Operated Air Pump Price in Colombia - 2022
Contents:
- Hand-Operated Air Pump Price in Colombia (CIF) - 2022
- Hand-Operated Air Pump Price in Colombia (FOB) - 2022
- Hand-Operated Air Pump Imports in Colombia
- Hand-Operated Air Pump Exports in Colombia
Hand-Operated Air Pump Price in Colombia (CIF) - 2022
In February 2022, the average hand-operated air pump import price amounted to $1.6 per unit, shrinking by -73.3% against the previous month. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 92% against the previous month. Over the period under review, average import prices hit record highs at $6.8 per unit in December 2021; however, from January 2022 to February 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to -9.6% per month.
Hand-Operated Air Pump Price in Colombia (FOB) - 2022
The average hand-operated air pump export price stood at $3.8 per unit in 2022, increasing by 24% against the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($4.9 per unit), while the average price for exports to El Salvador ($0.9 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 (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.
Hand-Operated Air Pump Imports in Colombia
For the fourth year in a row, Colombia recorded growth in overseas purchases of hand or foot-operated air pumps, which increased by 0.9% to 2.9M units in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, hand-operated air pump imports dropped to $4.6M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.0% 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 +90.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 71%. Over the period under review, imports reached the peak figure at $5.1M in 2021, and then shrank in the following year.
| Import of Hand-Operated Air Pump in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 2.9 | 3.8 | 3.4 | 31.4% |
| Taiwan (Chinese) | 0.4 | 0.7 | 0.8 | 0.7 | 20.5% |
| Others | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
| Total | 2.4 | 4.1 | 5.1 | 4.6 | 24.2% |
Top Suppliers of Hand-Operated Air Pump to Colombia in 2022:
- China (2531.8K units)
- Taiwan (Chinese) (296.4K units)
Hand-Operated Air Pump Exports in Colombia
In 2022, after two years of decline, there was significant growth in overseas shipments of hand or foot-operated air pumps, when their volume increased by 7.6% to 11K units. In general, exports, however, continue to indicate a drastic downturn. The exports peaked at 18K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, hand-operated air pump exports skyrocketed to $41K in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports attained the peak of $52K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Hand-Operated Air Pump in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 7.7 | 0.6 | 23.2 | 30.5 | 58.2% |
| Ecuador | 21.3 | 29.1 | 4.7 | 8.4 | -26.7% |
| Aruba | 1.0 | 1.0 | 0.5 | 0.6 | -15.7% |
| El Salvador | 0.7 | 0.2 | 0.1 | 0.2 | -34.1% |
| Mexico | 5.1 | N/A | 0.3 | N/A | -75.7% |
| Others | 1.2 | 20.6 | 2.2 | 1.5 | 7.7% |
| Total | 36.9 | 51.5 | 30.9 | 41.2 | 3.7% |
Top Export Markets for Hand-Operated Air Pump from Colombia in 2022:
- Costa Rica (6.2K units)
- Ecuador (3.6K units)
- Aruba (0.6K units)
- El Salvador (0.2K units)
This report provides an in-depth analysis of the hand-operated air pump 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 28132200 - Hand or foot-operated air pumps
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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