Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia - 2022

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $12,600 per unit, falling by -37% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 50%. Over the period under review, average import prices reached the maximum at $33,771 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($49,560 per unit), while the price for Brazil ($87 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+47.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $7,000 per unit in 2022, surging by 13% against the previous year. Over the period under review, the export price recorded tangible growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 450% against the previous year. The export price peaked at $7,903 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia

For the fourth year in a row, Colombia recorded growth in supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, which increased by 247% to 59 units in 2022. 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, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $743K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.814.962.5197526.8%
MexicoN/AN/AN/A1680%
Italy0.412.03.1152624.3%
Taiwan (Chinese)22.812.029.411069.0%
Spain33.930.964.399.143.0%
SlovakiaN/AN/AN/A16.90%
Brazil3.81.87.80.1-70.3%
Germany4.23.95.9N/A18.5%
Hong Kong SAR39.487.4144N/A91.2%
United States2.04.78.2N/A102.5%
India0.20.30.6N/A73.2%
Canada4.55.811.3N/A58.5%
OthersN/AN/A2.6N/A0%
Total11217434074387.9%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Colombia in 2022:

  1. Italy (33.0 units)
  2. Taiwan (Chinese) (8.0 units)
  3. China (7.0 units)
  4. Mexico (5.0 units)
  5. Slovakia (3.0 units)
  6. Spain (2.0 units)
  7. Brazil (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia

Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Colombia stood at 1 units in 2022, stabilizing at 2021. In general, exports continue to indicate a sharp decline. The smallest decline of -33.3% was in 2020. Over the period under review, the exports of attained the peak figure at 3 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses stood at $7K in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican RepublicN/AN/AN/A7.00%
ChileN/AN/AN/AN/A0%
United States3.75.86.2N/A29.4%
Mexico1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.55.86.27.08.4%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Colombia in 2022:

  1. Dominican Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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