Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $443 per unit, shrinking by -19.7% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $1,193 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,439 per unit), while the price for Spain ($182 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,529 per unit in 2022, increasing by 50% against the previous year. Overall, the export price saw a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 125%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($3,866 per unit), while the average price for exports to Mexico ($229 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 Venezuela (+14.5%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia

In 2022, the amount of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses imported into Colombia surged to 78 units, picking up by 63% on 2021. Overall, imports, however, recorded a abrupt setback. Over the period under review, imports of attained the maximum at 95 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $35K in 2022. In general, imports, however, showed a slight slump. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of reached the maximum at $36K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Colombia in 2022:

1. Canada (71.0 units)
2. China (2.0 units)
3. Italy (1.0 units)
4. United States (1.0 units)
5. Thailand (1.0 units)
6. Spain (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Colombia

In 2022, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from Colombia soared to 3 units, jumping by 50% compared with 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +50.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $4.6K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Colombia in 2022:

1. Venezuela (1.0 units)
2. Ecuador (1.0 units)
3. Mexico (1.0 units)

Source: IndexBox Market Intelligence Platform