Colombia - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRock Cutter Price in Colombia - 2022
Contents:
- Rock Cutter Price in Colombia (CIF) - 2022
- Rock Cutter Price in Colombia (FOB) - 2022
- Rock Cutter Imports in Colombia
- Rock Cutter Exports in Colombia
Rock Cutter Price in Colombia (CIF) - 2022
In 2022, the average rock cutter import price amounted to $23,603 per unit, falling by -13.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure at $35,977 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($48,006 per unit), while the price for Mexico ($293 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Rock Cutter Price in Colombia (FOB) - 2022
The average rock cutter export price stood at $4,144 per unit in 2022, shrinking by -17.2% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 114%. The export price peaked at $26,966 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($27,343 per unit), while the average price for exports to Nicaragua ($981 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 Nicaragua (+179.5%), while the prices for the other major destinations experienced mixed trend patterns.
Rock Cutter Imports in Colombia
In 2022, approx. 45 units of coal or rock cutters and tunnelling machinery were imported into Colombia; waning by -2.2% against the year before. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 59%. Imports peaked at 56 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, rock cutter imports dropped rapidly to $1.1M in 2022. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Rock Cutter in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 113 | 192 | 145 | 417 | 54.5% |
| Spain | 198 | 209 | 41.7 | 138 | -11.3% |
| United States | 176 | 147 | 26.5 | 127 | -10.3% |
| Italy | 157 | 20.5 | 31.1 | 103 | -13.1% |
| Canada | 163 | 136 | 24.2 | 96.0 | -16.2% |
| Brazil | 10.0 | 3.9 | 0.1 | 17.1 | 19.6% |
| South Africa | N/A | N/A | N/A | 10.5 | 0% |
| China | 133 | 25.0 | 2.9 | 9.2 | -59.0% |
| Japan | 2.5 | 1.6 | 0.2 | 0.7 | -34.6% |
| Panama | 0.3 | 0.8 | 0.1 | 0.4 | 10.1% |
| South Korea | 0.7 | 0.6 | 0.1 | 0.4 | -17.0% |
| Mexico | 1.7 | 0.9 | 0.1 | 0.3 | -43.9% |
| Others | 512 | 128 | 987 | 142 | -34.8% |
| Total | 1,468 | 866 | 1,259 | 1,062 | -10.2% |
Top Suppliers of Rock Cutter to Colombia in 2022:
- Germany (16.0 units)
- Spain (8.0 units)
- Italy (4.0 units)
- United States (3.0 units)
- Brazil (2.0 units)
- Canada (2.0 units)
- South Africa (2.0 units)
- China (2.0 units)
- Mexico (1.0 units)
- Panama (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
Rock Cutter Exports in Colombia
In 2022, rock cutter exports from Colombia skyrocketed to 47 units, growing by 24% against 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 567% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, rock cutter exports amounted to $195K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,324% against the previous year. As a result, the exports attained the peak of $199K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Rock Cutter in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 4.0 | 73.7 | 164 | 161 | 242.7% |
| Ecuador | 5.3 | 19.3 | 23.4 | 27.3 | 72.7% |
| Peru | 4.7 | 8.1 | 2.0 | 5.6 | 6.0% |
| Nicaragua | N/A | N/A | 0.4 | 1.0 | 150.0% |
| Dominican Republic | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | 98.3 | N/A | N/A | 0% |
| Total | 14.0 | 199 | 190 | 195 | 140.6% |
Top Export Markets for Rock Cutter from Colombia in 2022:
- Mexico (44.0 units)
- Nicaragua (1.0 units)
- Ecuador (1.0 units)
- Peru (1.0 units)
This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)
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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