Colombia - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Colombia - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machinery for Material Treatment by Heating or Cooling Process in Colombia - 2022

Contents:

  1. Price for Machinery for Material Treatment by Heating or Cooling Process in Colombia (CIF) - 2022
  2. Price for Machinery for Material Treatment by Heating or Cooling Process in Colombia (FOB) - 2022
  3. Imports of Machinery for Material Treatment by Heating or Cooling Process in Colombia
  4. Exports of Machinery for Material Treatment by Heating or Cooling Process in Colombia

Price for Machinery for Material Treatment by Heating or Cooling Process in Colombia (CIF) - 2022

The average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $8,109 per unit in 2022, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2020 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($24,570 per unit), while the price for China ($3,417 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery for Material Treatment by Heating or Cooling Process in Colombia (FOB) - 2022

In 2022, the average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $7,624 per unit, waning by -5.8% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,094 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($12,697 per unit), while the average price for exports to Ecuador ($5,650 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 Free Zones (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Material Treatment by Heating or Cooling Process in Colombia

In 2022, approx. 2.8K units of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process were imported into Colombia; reducing by -16.8% on the year before. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked at 4.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process dropped to $23M in 2022. In general, imports recorded a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $24M, and then fell in the following year.

Import of Machinery for Material Treatment by Heating or Cooling Process in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.70.14.84.078.8%
Germany2.87.23.13.68.7%
United States4.33.53.33.0-11.3%
China3.71.52.62.2-15.9%
Brazil1.42.22.42.012.6%
Italy2.51.90.41.3-19.6%
Spain0.30.31.31.154.2%
Mexico1.70.70.50.8-22.2%
Malaysia1.5N/A1.00.8-18.9%
Argentina0.5N/A0.60.50.0%
TurkeyN/A0.70.10.2-46.5%
IndiaN/A0.60.10.2-42.3%
Others3.92.23.92.8-10.5%
Total23.420.924.222.5-1.3%

Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to Colombia in 2022:

  1. China (646.0 units)
  2. Brazil (421.0 units)
  3. Germany (293.0 units)
  4. United States (250.0 units)
  5. Mexico (215.0 units)
  6. Malaysia (212.0 units)
  7. Netherlands (163.0 units)
  8. Spain (113.0 units)
  9. Italy (92.0 units)
  10. Argentina (86.0 units)
  11. Turkey (45.0 units)
  12. India (43.0 units)

Exports of Machinery for Material Treatment by Heating or Cooling Process in Colombia

In 2022, approx. 437 units of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process were exported from Colombia; declining by -7.2% on the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 471 units, and then contracted in the following year.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process shrank to $3.3M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $3.8M, and then dropped in the following year.

Export of Machinery for Material Treatment by Heating or Cooling Process in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador1,77371.81,4261,249-11.0%
Mexico3.52,001567660473.4%
Panama34.825.0527423129.9%
Dominican Republic21.589.6456366157.2%
United States32910.8174207-14.3%
Costa Rica88.31.01271024.9%
Peru10198.562.490.1-3.7%
Honduras233N/A22.3N/A-69.1%
Others291553450235-6.9%
Total2,8752,8513,8123,3325.0%

Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from Colombia in 2022:

  1. Ecuador (221.0 units)
  2. Mexico (72.0 units)
  3. Panama (59.0 units)
  4. Dominican Republic (30.0 units)
  5. United States (19.0 units)
  6. Peru (11.0 units)
  7. Costa Rica (10.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
  • Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
  • Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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