Colombia - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Colombia - 2022
Contents:
- Lift and Hoist Price in Colombia (CIF) - 2022
- Lift and Hoist Price in Colombia (FOB) - 2022
- Lift and Hoist Imports in Colombia
- Lift and Hoist Exports in Colombia
Lift and Hoist Price in Colombia (CIF) - 2022
The average lift and hoist import price stood at $18,836 per unit in February 2022, rising by 69% against the previous month. Overall, import price indicated modest growth from February 2021 to February 2022: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, lift and hoist import price increased by +78.1% against August 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Thailand ($31,380 per unit), while the price for Mexico ($8,216 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 China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Lift and Hoist Price in Colombia (FOB) - 2022
In 2022, the average lift and hoist export price amounted to $20,998 per unit, reducing by -5.9% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $22,309 per unit in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($30,323 per unit), while the average price for exports to the United States ($15,967 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 Panama (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.
Lift and Hoist Imports in Colombia
Lift and hoist imports into Colombia contracted modestly to 2.6K units in 2022, with a decrease of -2.4% on 2021. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 5.2% against the previous year. Imports peaked at 3.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, lift and hoist imports dropped modestly to $46M in 2022. Over the period under review, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 6% against the previous year. Over the period under review, imports attained the peak figure at $50M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Lift and Hoist in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.7 | 24.2 | 26.8 | 30.0 | 5.3% |
| Brazil | 11.3 | 11.1 | 10.8 | 9.1 | -7.0% |
| Spain | 1.7 | 1.3 | 1.4 | 1.6 | -2.0% |
| Thailand | 6.1 | 4.4 | 2.6 | N/A | -34.7% |
| Others | 5.4 | 3.4 | 5.5 | 5.0 | -2.5% |
| Total | 50.1 | 44.4 | 47.1 | 45.7 | -3.0% |
Top Suppliers of Lift and Hoist to Colombia in 2022:
- China (1516.0 units)
- Brazil (796.0 units)
- Spain (70.0 units)
Lift and Hoist Exports in Colombia
In 2022, lift and hoist exports from Colombia dropped significantly to 9 units, waning by -25% on 2021. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. The exports peaked at 15 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lift and hoist exports contracted sharply to $189K in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 143% against the previous year. The exports peaked at $319K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lift and Hoist in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 23.4 | N/A | N/A | 60.6 | 37.3% |
| United States | 8.5 | N/A | 84.0 | 47.9 | 78.0% |
| Panama | 73.1 | N/A | 31.7 | 41.0 | -17.5% |
| Chile | N/A | N/A | N/A | 39.4 | 0% |
| Ecuador | 131 | 110 | 65.5 | N/A | -29.3% |
| Dominican Republic | 41.1 | N/A | 13.9 | N/A | -41.8% |
| Aruba | N/A | 0.1 | 2.8 | N/A | 2700.0% |
| Guatemala | 37.5 | N/A | 10.6 | N/A | -46.8% |
| Costa Rica | 2.5 | N/A | N/A | N/A | 0% |
| Jamaica | 1.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 59.2 | N/A | 0% |
| Total | 319 | 110 | 268 | 189 | -16.0% |
Top Export Markets for Lift and Hoist from Colombia in 2022:
- United States (3.0 units)
- Panama (2.0 units)
- Bolivia (2.0 units)
- Chile (2.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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.
-
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
-
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
-
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
-
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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