Lamps; Arc-Lamps Price in Colombia - 2022

Contents:

  1. Lamps; Arc-Lamps Price in Colombia (CIF) - 2022
  2. Lamps; Arc-Lamps Price in Colombia (FOB) - 2022
  3. Lamps; Arc-Lamps Imports in Colombia
  4. Lamps; Arc-Lamps Exports in Colombia

Lamps; Arc-Lamps Price in Colombia (CIF) - 2022

In 2022, the average lamps; arc-lamps import price amounted to $9.2 per unit, which is down by -75.6% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 96%. Over the period under review, average import prices hit record highs at $56 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($293 per unit), while the price for China ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.1%), while the prices for the other major suppliers experienced a decline.

Lamps; Arc-Lamps Price in Colombia (FOB) - 2022

In 2022, the average lamps; arc-lamps export price amounted to $147 per unit, with an increase of 16% against the previous year. In general, the export price, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2014 when the average export price increased by 107% against the previous year. As a result, the export price attained the peak level of $230 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($644 per unit), while the average price for exports to Ecuador ($13 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 Brazil (+10.7%), while the prices for the other major destinations experienced a decline.

Lamps; Arc-Lamps Imports in Colombia

In 2022, approx. 35K units of lamps; arc-lampses were imported into Colombia; increasing by 296% against 2021 figures. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lamps; arc-lamps imports declined modestly to $326K in 2022. Over the period under review, imports, however, recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 7.5% against the previous year. Imports peaked at $667K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Lamps; Arc-Lamps in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.32.62.7172107.3%
Germany19012611664.5-30.2%
Others45718521988.9-42.1%
Total667314337326-21.2%

Top Suppliers of Lamps; Arc-Lamps to Colombia in 2022:

  1. China (32.4K units)
  2. Germany (2.5K units)

Lamps; Arc-Lamps Exports in Colombia

In 2022, after three years of growth, there was significant decline in shipments abroad of lamps; arc-lampses, when their volume decreased by -52.2% to 66 units. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 712%. As a result, the exports attained the peak of 138 units, and then declined dramatically in the following year.

In value terms, lamps; arc-lamps exports reduced dramatically to $9.7K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 789% against the previous year. As a result, the exports reached the peak of $17K, and then reduced remarkably in the following year.

Export of Lamps; Arc-Lamps in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/A0.37.64.2274.2%
Peru0.21.04.73.2152.0%
DenmarkN/AN/AN/A0.60%
Panama0.10.31.00.571.0%
EcuadorN/A0.10.60.4100.0%
United StatesN/AN/A0.20.20.0%
MexicoN/AN/A3.5N/A0%
OthersN/A0.3N/A0.752.8%
Total0.32.017.59.7218.6%

Top Export Markets for Lamps; Arc-Lamps from Colombia in 2022:

  1. Ecuador (29.0 units)
  2. Brazil (18.0 units)
  3. Peru (13.0 units)
  4. Panama (3.0 units)
  5. Denmark (1.0 units)
  6. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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