Colombia - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in Colombia - 2022
Contents:
- Industrial Sewing Machine Price in Colombia (CIF) - 2022
- Industrial Sewing Machine Price in Colombia (FOB) - 2022
- Industrial Sewing Machine Imports in Colombia
- Industrial Sewing Machine Exports in Colombia
Industrial Sewing Machine Price in Colombia (CIF) - 2022
The average industrial sewing machine import price stood at $280 per unit in February 2022, growing by 100% against the previous month. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in April 2021 an increase of 109% m-o-m. The import price peaked in February 2022.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Vietnam ($656 per unit), while the price for China totaled $247 per unit.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%).
Industrial Sewing Machine Price in Colombia (FOB) - 2022
The average industrial sewing machine export price stood at $2,111 per unit in 2022, picking up by 125% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $2,686 per unit in 2019; however, from 2020 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 ($5,799 per unit), while the average price for exports to Canada ($1 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 Mexico (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Sewing Machine Imports in Colombia
In 2022, industrial sewing machine imports into Colombia reduced to 105K units, declining by -14.6% on the previous year's figure. In general, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 +55.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 82%. As a result, imports attained the peak of 123K units, and then fell in the following year.
In value terms, industrial sewing machine imports declined remarkably to $23M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $27M, and then declined dramatically in the following year.
Import of Industrial Sewing Machine in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.9 | 14.0 | 19.6 | 13.7 | -2.8% |
United States | 0.7 | 0.5 | 0.6 | 4.1 | 80.3% |
Vietnam | 0.8 | 0.6 | 0.9 | 0.8 | 0.0% |
Taiwan (Chinese) | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
Others | 5.8 | 3.0 | 5.2 | 3.4 | -16.3% |
Total | 22.6 | 18.3 | 26.7 | 22.5 | -0.1% |
Top Suppliers of Industrial Sewing Machine to Colombia in 2022:
- China (93.7K units)
- United States (5.0K units)
- Taiwan (Chinese) (2.5K units)
- Vietnam (2.4K units)
Industrial Sewing Machine Exports in Colombia
In 2022, industrial sewing machine exports from Colombia surged to 54 units, increasing by 100% against 2021 figures. In general, exports, however, recorded a perceptible descent. Over the period under review, the exports hit record highs at 83 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, industrial sewing machine exports soared to $114K in 2022. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports hit record highs at $203K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Industrial Sewing Machine in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 13.2 | 64.8 | 8.3 | 38.3 | 42.6% |
Bolivia | 21.4 | 25.5 | 4.0 | 21.9 | 0.8% |
Guatemala | 15.1 | 30.2 | 3.8 | 17.4 | 4.8% |
Italy | 7.2 | 12.2 | 1.6 | 7.3 | 0.5% |
Ecuador | 35.0 | 10.0 | 1.5 | 6.5 | -42.9% |
Cuba | 1.5 | 1.7 | 0.9 | 4.1 | 39.8% |
United States | 1.8 | 0.9 | 2.0 | 2.6 | 13.0% |
Venezuela | 2.0 | 4.6 | 0.5 | 2.5 | 7.7% |
Chile | 2.9 | 4.8 | N/A | 0.2 | -59.0% |
Dominican Republic | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Germany | 11.0 | 1.3 | N/A | N/A | -88.2% |
Costa Rica | N/A | 0.2 | N/A | N/A | 0% |
Canada | N/A | N/A | N/A | N/A | 0% |
Others | 55.3 | 46.3 | 2.6 | 13.1 | -38.1% |
Total | 167 | 203 | 25.3 | 114 | -11.9% |
Top Export Markets for Industrial Sewing Machine from Colombia in 2022:
- Mexico (20.0 units)
- Italy (6.0 units)
- Bolivia (4.0 units)
- Guatemala (3.0 units)
- Cuba (2.0 units)
- United States (2.0 units)
- Ecuador (2.0 units)
- Canada (1.0 units)
- Costa Rica (1.0 units)
- Germany (1.0 units)
- Chile (1.0 units)
- Dominican Republic (1.0 units)
- Venezuela (1.0 units)
This report provides an in-depth analysis of the industrial sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
- Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.