Life-Jackets and Life-Belts Price in Colombia - 2022
Contents:
- Life-Jackets and Life-Belts Price in Colombia (CIF) - 2022
- Life-Jackets and Life-Belts Price in Colombia (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Colombia
- Life-Jackets and Life-Belts Exports in Colombia
Life-Jackets and Life-Belts Price in Colombia (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $17,482 per ton, picking up by 8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 78%. The import price peaked at $30,891 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($71,922 per ton), while the price for India ($9,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Colombia (FOB) - 2022
The average life-jackets and life-belts export price stood at $34,282 per ton in 2022, surging by 18% against the previous year. Over the period under review, the export price, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2019 an increase of 81% against the previous year. As a result, the export price attained the peak level of $51,726 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($98,000 per ton), while the average price for exports to Australia ($12,411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Colombia
In 2022, the amount of life-jackets and life-beltses imported into Colombia contracted sharply to 52 tons, declining by -46.2% against the previous year's figure. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,083% against the previous year. As a result, imports attained the peak of 96 tons, and then fell significantly in the following year.
In value terms, life-jackets and life-belts imports reduced markedly to $901K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 520% against the previous year. As a result, imports attained the peak of $1.6M, and then shrank markedly in the following year.
| Import of Life-Jackets and Life-Belts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 254 | 139 | 609 | 456 | 21.5% |
| United States | 86.2 | 83.6 | 353 | 211 | 34.8% |
| India | 0.1 | N/A | 366 | 69.7 | 786.6% |
| Others | 113 | 27.3 | 223 | 164 | 13.2% |
| Total | 454 | 250 | 1,551 | 901 | 25.7% |
Top Suppliers of Life-Jackets and Life-Belts to Colombia in 2022:
- China (37.3 tons)
- India (7.7 tons)
- United States (2.9 tons)
Life-Jackets and Life-Belts Exports in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of life-jackets and life-beltses, when their volume decreased by -21.1% to 5.4 tons. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year.
In value terms, life-jackets and life-belts exports contracted to $185K in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year.
| Export of Life-Jackets and Life-Belts in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 0.1 | N/A | N/A | 117 | 953.7% |
| Chile | 87.1 | 55.4 | 117 | 48.8 | -17.6% |
| Germany | N/A | N/A | N/A | 4.9 | 0% |
| Australia | N/A | N/A | N/A | 2.4 | 0% |
| Nicaragua | N/A | 13.1 | 0.8 | N/A | -93.9% |
| Costa Rica | 5.2 | 11.9 | 0.5 | N/A | -69.0% |
| Honduras | 39.0 | N/A | 76.4 | N/A | 40.0% |
| Others | 14.2 | 91.3 | 2.9 | 11.5 | -6.8% |
| Total | 146 | 172 | 198 | 185 | 8.2% |
Top Export Markets for Life-Jackets and Life-Belts from Colombia in 2022:
- Dominican Republic (4015.0 kg)
- Chile (688.0 kg)
- Australia (192.0 kg)
- Germany (97.0 kg)
- Nicaragua (2.0 kg)
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