Colombia - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Colombia - 2022
Contents:
- Non-Electric Industrial Furnace Price in Colombia (CIF) - 2022
- Non-Electric Industrial Furnace Price in Colombia (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Colombia
- Non-Electric Industrial Furnace Exports in Colombia
Non-Electric Industrial Furnace Price in Colombia (CIF) - 2022
In 2022, the average non-electric industrial furnace import price amounted to $518 per unit, with an increase of 15% against the previous year. Overall, the import price saw pronounced growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 91% against the previous year. As a result, import price reached the peak level of $684 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 United States ($935 per unit), while the price for Belgium ($158 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+53.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Colombia (FOB) - 2022
In 2022, the average non-electric industrial furnace export price amounted to $391 per unit, declining by -21% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 113%. As a result, the export price reached the peak level of $660 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
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 the Dominican Republic ($772 per unit), while the average price for exports to Uruguay ($192 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 Guatemala (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in Colombia
In 2022, the amount of non-electric industrial or laboratory furnaces and ovens imported into Colombia plummeted to 4.7K units, dropping by -34% against 2021. In general, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 162%. Imports peaked at 14K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-electric industrial furnace imports shrank rapidly to $2.4M in 2022. Over the period under review, imports saw a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. Over the period under review, imports hit record highs at $9.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Non-Electric Industrial Furnace in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 162 | 77.4 | 33.1 | 681 | 61.4% |
| Italy | 710 | 105 | 761 | 588 | -6.1% |
| Spain | 356 | 19.2 | 242 | 99.8 | -34.6% |
| China | 141 | 150 | 760 | 89.7 | -14.0% |
| Germany | 1,443 | N/A | 41.0 | 66.5 | -64.1% |
| Brazil | N/A | 215 | N/A | 35.5 | -59.4% |
| Belgium | N/A | N/A | N/A | 25.7 | 0% |
| France | 1,651 | N/A | 134 | 4.0 | -86.6% |
| South Africa | 634 | 763 | N/A | N/A | 20.3% |
| Others | 4,238 | 306 | 1,210 | 819 | -42.2% |
| Total | 9,335 | 1,636 | 3,182 | 2,409 | -36.3% |
Top Suppliers of Non-Electric Industrial Furnace to Colombia in 2022:
- Italy (2609.0 units)
- United States (728.0 units)
- China (274.0 units)
- Belgium (162.0 units)
- Spain (143.0 units)
- Germany (25.0 units)
- Brazil (5.0 units)
- France (1.0 units)
Non-Electric Industrial Furnace Exports in Colombia
For the fourth consecutive year, Colombia recorded growth in overseas shipments of non-electric industrial or laboratory furnaces and ovens, which increased by 1.5% to 3.7K units in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, non-electric industrial furnace exports fell remarkably to $1.5M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports reached the peak of $1.8M, and then dropped significantly in the following year.
| Export of Non-Electric Industrial Furnace in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 244 | 766 | 1,485 | 534 | 29.8% |
| Chile | 15.8 | N/A | 111 | 371 | 186.4% |
| Uruguay | N/A | N/A | 41.3 | 253 | 512.6% |
| Dominican Republic | 19.2 | 24.8 | 42.9 | 232 | 129.5% |
| Bolivia | N/A | N/A | N/A | 48.3 | 0% |
| Spain | 30.5 | N/A | N/A | N/A | 0% |
| Peru | 298 | 43.5 | 52.0 | N/A | -58.2% |
| Brazil | 100 | 16.0 | 61.8 | N/A | -21.4% |
| Others | 269 | 245 | 22.0 | 17.8 | -59.6% |
| Total | 976 | 1,095 | 1,816 | 1,456 | 14.3% |
Top Export Markets for Non-Electric Industrial Furnace from Colombia in 2022:
- Uruguay (1319.0 units)
- United States (1162.0 units)
- Chile (807.0 units)
- Dominican Republic (300.0 units)
- Bolivia (105.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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