Colombia - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in Colombia - 2022
Contents:
- Non-Combined Refrigerator-Freezer Price in Colombia (CIF) - 2022
- Non-Combined Refrigerator-Freezer Price in Colombia (FOB) - 2022
- Non-Combined Refrigerator-Freezer Imports in Colombia
- Non-Combined Refrigerator-Freezer Exports in Colombia
Non-Combined Refrigerator-Freezer Price in Colombia (CIF) - 2022
The average non-combined refrigerator-freezer import price stood at $189 per unit in February 2022, waning by -31.6% against the previous month. Over the period under review, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in March 2021 an increase of 61% month-to-month. As a result, import price reached the peak level of $373 per unit. From April 2021 to February 2022, the average import prices remained at a somewhat lower figure.
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 +12.3% per month.
Non-Combined Refrigerator-Freezer Price in Colombia (FOB) - 2022
The average non-combined refrigerator-freezer export price stood at $185 per unit in February 2022, shrinking by -44.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average export price increased by 33% month-to-month. Over the period under review, the average export prices hit record highs at $334 per unit in January 2022, and then contracted remarkably in the following month.
There were significant differences in the average prices for the major overseas markets. In February 2022, the country with the highest price was Venezuela ($221 per unit), while the average price for exports to Bolivia ($115 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Imports in Colombia
Non-combined refrigerator-freezer imports into Colombia surged to 166K units in 2022, jumping by 29% compared with the previous year's figure. In general, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports hit record highs at 203K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-combined refrigerator-freezer imports surged to $36M in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Non-Combined Refrigerator-Freezer in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.1 | 13.8 | 22.6 | 26.1 | 4.2% |
| Portugal | N/A | N/A | N/A | 5.6 | 0% |
| Others | 3.0 | 2.7 | 2.7 | 4.4 | 13.6% |
| Total | 26.1 | 16.5 | 25.3 | 36.0 | 11.3% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Colombia in 2022:
- China (158.7K units)
- Portugal (3.7K units)
Non-Combined Refrigerator-Freezer Exports in Colombia
Non-combined refrigerator-freezer exports from Colombia dropped markedly to 64K units in 2022, declining by -30.2% compared with 2021 figures. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 83% against the previous year. As a result, the exports attained the peak of 91K units, and then fell markedly in the following year.
In value terms, non-combined refrigerator-freezer exports fell notably to $12M in 2022. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $20M, and then contracted rapidly in the following year.
| Export of Non-Combined Refrigerator-Freezer in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 2.1 | 2.9 | 3.4 | 3.3 | 16.3% |
| El Salvador | 4.1 | 3.9 | 8.2 | 2.7 | -13.0% |
| Ecuador | 1.3 | 1.1 | 1.5 | 2.2 | 19.2% |
| Honduras | 2.4 | 2.1 | 3.1 | 1.8 | -9.1% |
| Costa Rica | 1.3 | 1.3 | 1.2 | 0.9 | -11.5% |
| Dominican Republic | 2.1 | 0.7 | 0.2 | 0.4 | -42.5% |
| Venezuela | N/A | N/A | 1.4 | 0.4 | -71.4% |
| Peru | 0.8 | 0.9 | 0.1 | N/A | -64.6% |
| Others | 0.3 | 0.2 | 0.8 | 0.5 | 18.6% |
| Total | 14.4 | 13.0 | 19.8 | 12.2 | -5.4% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Colombia in 2022:
- Peru (undefinedK units)
- Guatemala (19.2K units)
- El Salvador (15.3K units)
- Honduras (10.3K units)
- Ecuador (8.0K units)
- Costa Rica (4.8K units)
- Dominican Republic (2.0K units)
- Venezuela (2.0K units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
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
-
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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