Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $5,835 per unit, reducing by -8.5% against the previous year. In general, the import price, however, saw noticeable growth. The growth pace was the most rapid in 2017 an increase of 110% against the previous year. Over the period under review, average import prices attained the peak figure at $6,895 per unit in 2013; however, from 2014 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 Chile ($10,498 per unit), while the price for Poland ($1,050 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $2,189 per unit, falling by -18.5% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 74% against the previous year. Over the period under review, the average export prices attained the maximum at $5,225 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($3,819 per unit), while the average price for exports to the United States ($45 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 Aruba (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia

In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs imported into Colombia declined notably to 147 units, with a decrease of -39.5% compared with 2021 figures. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs at 271 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs declined markedly to $858K in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the peak figure at $1.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile556258280472-5.3%
United States604299626167-34.9%
China16975.8166128-8.8%
Spain6.017.313240.188.4%
Italy3.371.222.317.373.7%
FinlandN/A5.8N/A14.558.1%
PolandN/AN/AN/A8.40%
Germany2761.0N/AN/A-99.6%
India10.3137N/AN/A1230.1%
Others21814232210.9-63.2%
Total1,8431,0081,549858-22.5%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Colombia in 2022:

  1. Chile (45.0 units)
  2. Spain (37.0 units)
  3. China (24.0 units)
  4. United States (19.0 units)
  5. Poland (8.0 units)
  6. Italy (5.0 units)
  7. Finland (4.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia

Exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Colombia soared to 19 units in 2022, with an increase of 138% against 2021 figures. Over the period under review, exports enjoyed a significant increase. Over the period under review, the exports of reached the peak figure at 23 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $42K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 143% against the previous year. As a result, the exports attained the peak of $50K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama14.342.918.719.110.1%
El SalvadorN/AN/A2.714.9451.9%
VenezuelaN/AN/AN/A7.20%
ArubaN/A0.10.20.4100.0%
ChileN/A3.9N/AN/A0%
Guatemala3.51.1N/AN/A-68.6%
United StatesN/AN/AN/AN/A0%
HondurasN/A1.8N/AN/A0%
Australia2.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total20.549.821.541.626.6%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Colombia in 2022:

  1. El Salvador (10.0 units)
  2. Panama (5.0 units)
  3. Venezuela (2.0 units)
  4. United States (1.0 units)
  5. Aruba (1.0 units)

Source: IndexBox Market Intelligence Platform

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