Colombia - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Colombia - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electric Central Heating Radiator in Colombia - 2022

Contents:

  1. Price for Non-Electric Central Heating Radiator in Colombia (CIF) - 2022
  2. Price for Non-Electric Central Heating Radiator in Colombia (FOB) - 2022
  3. Imports of Non-Electric Central Heating Radiator in Colombia
  4. Exports of Non-Electric Central Heating Radiator in Colombia

Price for Non-Electric Central Heating Radiator in Colombia (CIF) - 2022

The average non-electric central heating radiator import price stood at $5.8 per unit in 2022, picking up by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13 per unit), while the price for India ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Central Heating Radiator in Colombia (FOB) - 2022

The average non-electric central heating radiator export price stood at $3.9 per unit in 2022, declining by -2.1% against the previous year. In general, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 179% against the previous year. As a result, the export price reached the peak level of $12 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($25 per unit), while the average price for exports to Venezuela ($2 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 Chile (+30.6%), while the prices for the other major destinations experienced a decline.

Imports of Non-Electric Central Heating Radiator in Colombia

In 2022, non-electric central heating radiator imports into Colombia shrank remarkably to 96K units, with a decrease of -38.2% compared with the previous year. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked at 162K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric central heating radiator imports reduced dramatically to $563K in 2022. Over the period under review, imports recorded a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 167%. As a result, imports attained the peak of $820K, and then dropped rapidly in the following year.

Import of Non-Electric Central Heating Radiator in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19.171.6303255137.2%
France87.866.413512011.0%
China37410512346.1-50.2%
United States71.322.816141.8-16.3%
Others90.540.796.71013.7%
Total643307820563-4.3%

Top Suppliers of Non-Electric Central Heating Radiator to Colombia in 2022:

  1. India (62.9K units)
  2. France (18.0K units)
  3. China (5.6K units)
  4. United States (3.1K units)

Exports of Non-Electric Central Heating Radiator in Colombia

In 2022, non-electric central heating radiator exports from Colombia contracted significantly to 24K units, waning by -34.2% compared with 2021. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 217%. Over the period under review, the exports attained the maximum at 43K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-electric central heating radiator exports dropped dramatically to $93K in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 246% against the previous year. The exports peaked at $163K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Electric Central Heating Radiator in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela71.99.069.934.4-21.8%
Guatemala51.628.026.626.2-20.2%
United States3.80.54.015.058.0%
Peru13.81.815.27.9-17.0%
Ecuador9.91.415.46.7-12.2%
Chile9.90.95.72.4-37.6%
Kuwait1.3N/AN/AN/A0%
El SalvadorN/AN/A6.8N/A0%
Others0.3N/A0.60.2-12.6%
Total16341.614492.8-17.1%

Top Export Markets for Non-Electric Central Heating Radiator from Colombia in 2022:

  1. Venezuela (17.5K units)
  2. Guatemala (3.9K units)
  3. United States (1.3K units)
  4. Peru (0.3K units)
  5. Ecuador (0.3K units)
  6. Chile (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

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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