Colombia - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Colombia - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights

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Resistor Price in Colombia - 2022

Contents:

  1. Resistor Price in Colombia (CIF) - 2022
  2. Resistor Price in Colombia (FOB) - 2022
  3. Resistor Imports in Colombia
  4. Resistor Exports in Colombia

Resistor Price in Colombia (CIF) - 2022

The average resistor import price stood at $94 per thousand units in 2022, jumping by 419% against the previous year. In general, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +28.7% per year.

Resistor Price in Colombia (FOB) - 2022

The average resistor export price stood at $0.1 per unit in 2022, picking up by 17% against the previous year. In general, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2020 when the average export price increased by 121% against the previous year. As a result, the export price reached the peak level of $0.1 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +37.6% per year.

Resistor Imports in Colombia

In 2022, after three years of growth, there was significant decline in supplies from abroad of electrical resistors (except heating resistors), when their volume decreased by -76.3% to 64M units. Over the period under review, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 270M units, and then reduced dramatically in the following year.

In value terms, resistor imports skyrocketed to $6M in 2022. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Resistor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.6N/AN/A6,0102055.6%
China5585181,000N/A33.9%
United States715553548N/A-12.5%
France431308668N/A24.5%
Mexico146150134N/A-4.2%
Taiwan (Chinese)61.440.150.4N/A-9.4%
Italy51.645.750.2N/A-1.4%
Others1,7181,4432,438N/A19.1%
Total3,6813,0584,8876,01017.8%

Top Suppliers of Resistor to Colombia in 2022:

  1. United Arab Emirates (64.0M units)

Resistor Exports in Colombia

In 2022, the amount of electrical resistors (except heating resistors) exported from Colombia reduced sharply to 1.4M units, falling by -40.6% against 2021. In general, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 353% against the previous year. As a result, the exports reached the peak of 2.4M units, and then contracted sharply in the following year.

In value terms, resistor exports contracted markedly to $132K in 2022. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $190K, and then fell sharply in the following year.

Export of Resistor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1320%
Ecuador50.222.313.0N/A-49.1%
Free Zones15.86.2N/AN/A-60.8%
Paraguay0.60.62.8N/A116.0%
Peru2.6N/A20.4N/A180.1%
United States8.242.4127N/A293.5%
Bolivia10.8N/A2.4N/A-52.9%
Others8.64.825.0N/A70.5%
Total96.876.219013210.9%

Top Export Markets for Resistor from Colombia in 2022:

  1. United Arab Emirates (1.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the resistor market 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 27906035 - Fixed electrical resistors for a power handling capacity . .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
  • Prodcom 27906037 - Fixed electrical resistors for a power handling capacity > .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
  • Prodcom 27906055 - Wirewound variable resistors for a power handling capacity. .20 W
  • Prodcom 27906057 - Wirewound variable resistors for a power handling capacity > .20 W
  • Prodcom 27906080 - Fixed carbon resistors, composition or film types (excluding heating resistors), electrical variable resistors, including rheostats and potentiometers (excluding wirewound variable resistors and heating resistors)

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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