Colombia - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pneumatic or Hydraulic Hand Tool in Colombia - 2022
Contents:
- Price for Pneumatic or Hydraulic Hand Tool in Colombia (CIF) - 2022
- Price for Pneumatic or Hydraulic Hand Tool in Colombia (FOB) - 2022
- Imports of Pneumatic or Hydraulic Hand Tool in Colombia
- Exports of Pneumatic or Hydraulic Hand Tool in Colombia
Price for Pneumatic or Hydraulic Hand Tool in Colombia (CIF) - 2022
The average import price for pneumatic or hydraulic hand tools stood at $116 per unit in 2022, picking up by 19% against the previous year. Overall, the import price, however, recorded a mild downturn. Over the period under review, average import prices hit record highs at $131 per unit in 2012; however, from 2013 to 2022, 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 Germany ($346 per unit), while the price for China ($55 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pneumatic or Hydraulic Hand Tool in Colombia (FOB) - 2022
In 2022, the average export price for pneumatic or hydraulic hand tools amounted to $89 per unit, declining by -7.3% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. The export price peaked at $134 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($170 per unit), while the average price for exports to Spain ($7.7 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 Costa Rica (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pneumatic or Hydraulic Hand Tool in Colombia
Pneumatic or hydraulic hand tool imports into Colombia amounted to 723K units in 2022, with an increase of 7.7% against the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, pneumatic or hydraulic hand tool imports surged to $84M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Pneumatic or Hydraulic Hand Tool in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.3 | 12.0 | 22.2 | 31.3 | 44.8% |
| China | 10.9 | 11.5 | 21.1 | 26.2 | 34.0% |
| Japan | 7.7 | 6.4 | 8.3 | 9.6 | 7.6% |
| Germany | 5.4 | 3.8 | 6.3 | 7.6 | 12.1% |
| United States | 3.3 | 2.0 | 3.1 | 3.1 | -2.1% |
| Others | 5.7 | 3.9 | 4.7 | 6.3 | 3.4% |
| Total | 43.3 | 39.7 | 65.7 | 84.1 | 24.8% |
Top Suppliers of Pneumatic or Hydraulic Hand Tool to Colombia in 2022:
- China (472.1K units)
- Brazil (127.9K units)
- Japan (42.9K units)
- Germany (22.0K units)
- United States (18.8K units)
Exports of Pneumatic or Hydraulic Hand Tool in Colombia
In 2022, approx. 8.1K units of pneumatic or hydraulic hand tools were exported from Colombia; jumping by 45% compared with the previous year. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, pneumatic or hydraulic hand tool exports soared to $721K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pneumatic or Hydraulic Hand Tool in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.2 | 41.0 | 91.0 | 212 | 93.6% |
| Mexico | 85.8 | 254 | 110 | 78.3 | -3.0% |
| Nicaragua | 7.4 | 5.9 | 3.5 | 70.4 | 111.9% |
| Dominican Republic | 1.7 | 19.3 | 20.8 | 51.8 | 212.3% |
| Peru | 44.9 | 33.1 | 49.5 | 44.2 | -0.5% |
| Costa Rica | 47.7 | 26.8 | 35.7 | 41.2 | -4.8% |
| Guatemala | 24.6 | 35.8 | 75.8 | 39.2 | 16.8% |
| El Salvador | 13.8 | 10.5 | 27.6 | 35.4 | 36.9% |
| Ecuador | 21.5 | 49.4 | 27.8 | 32.1 | 14.3% |
| Honduras | 2.3 | 12.5 | 16.7 | 20.5 | 107.3% |
| Panama | 38.4 | 20.3 | 2.7 | 7.1 | -43.0% |
| Spain | 0.1 | 0.7 | N/A | 2.4 | 188.4% |
| Argentina | 12.6 | 63.5 | 5.2 | N/A | -35.8% |
| Others | 139 | 53.9 | 70.5 | 87.0 | -14.5% |
| Total | 469 | 626 | 537 | 721 | 15.4% |
Top Export Markets for Pneumatic or Hydraulic Hand Tool from Colombia in 2022:
- United States (1658.0 units)
- Nicaragua (1204.0 units)
- Mexico (958.0 units)
- El Salvador (935.0 units)
- Dominican Republic (665.0 units)
- Ecuador (457.0 units)
- Guatemala (400.0 units)
- Peru (381.0 units)
- Spain (308.0 units)
- Costa Rica (243.0 units)
- Honduras (233.0 units)
- Panama (206.0 units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
- Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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
-
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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