Colombia - Furniture, Bases And Covers For Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Furniture Price in Colombia - 2022
Contents:
- Sewing Machine Furniture Price in Colombia (CIF) - 2022
- Sewing Machine Furniture Price in Colombia (FOB) - 2022
- Sewing Machine Furniture Imports in Colombia
- Sewing Machine Furniture Exports in Colombia
Sewing Machine Furniture Price in Colombia (CIF) - 2022
In February 2022, the average sewing machine furniture import price amounted to $3,787 per ton, surging by 16% against the previous month. Over the period under review, the import price showed a pronounced increase. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 259% month-to-month. As a result, import price reached the peak level of $13,916 per ton. From June 2021 to February 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +3.0% per month.
Sewing Machine Furniture Price in Colombia (FOB) - 2022
The average sewing machine furniture export price stood at $10,269 per ton in 2022, picking up by 43% against the previous year. Overall, the export price, however, recorded a abrupt slump. Over the period under review, the average export prices hit record highs at $56,596 per ton in 2012; however, from 2013 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 Spain ($92,875 per ton), while the average price for exports to Argentina ($1,263 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+19.2%), while the prices for the other major destinations experienced a decline.
Sewing Machine Furniture Imports in Colombia
In 2022, approx. 481 tons of furniture, bases and covers for sewing machines were imported into Colombia; with an increase of 2.5% on 2021. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10%. As a result, imports reached the peak of 501 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sewing machine furniture imports dropped to $3.1M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of $3.4M, and then fell in the following year.
| Import of Sewing Machine Furniture in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,745 | 1,869 | 2,141 | 2,007 | 4.8% |
| United States | 173 | 219 | 238 | 338 | 25.0% |
| Taiwan (Chinese) | 344 | 144 | 381 | 247 | -10.5% |
| Italy | 134 | 86.0 | 259 | 139 | 1.2% |
| Japan | 169 | 145 | 92.2 | 133 | -7.7% |
| Hong Kong SAR | 9.5 | 43.4 | 12.9 | 16.4 | 20.0% |
| Panama | 9.1 | 12.6 | 15.9 | 10.3 | 4.2% |
| Uruguay | 4.6 | 5.5 | 6.4 | 4.9 | 2.1% |
| Others | 248 | 211 | 284 | 187 | -9.0% |
| Total | 2,836 | 2,736 | 3,430 | 3,083 | 2.8% |
Top Suppliers of Sewing Machine Furniture to Colombia in 2022:
- China (297.1 tons)
- Taiwan (Chinese) (65.9 tons)
- Hong Kong SAR (38.8 tons)
- Panama (19.1 tons)
- Uruguay (15.6 tons)
- United States (14.8 tons)
- Italy (7.8 tons)
- Japan (2.5 tons)
Sewing Machine Furniture Exports in Colombia
After three years of growth, shipments abroad of furniture, bases and covers for sewing machines decreased by -43.2% to 487 kg in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 339%.
In value terms, sewing machine furniture exports declined significantly to $5K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 67% against the previous year.
| Export of Sewing Machine Furniture in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 466 | 242 | 1,294 | 1,049 | 31.1% |
| Spain | 313 | 848 | 917 | 743 | 33.4% |
| Panama | 12.0 | 305 | 884 | 563 | 260.7% |
| Nicaragua | 26.0 | 81.0 | 170 | 525 | 172.3% |
| Venezuela | 133 | 268 | 468 | 379 | 41.8% |
| United States | 557 | 3.0 | 337 | 346 | -14.7% |
| Dominican Republic | 18.0 | 23.0 | 201 | 303 | 156.3% |
| El Salvador | 36.0 | 10.0 | 1.0 | 277 | 97.4% |
| Honduras | 174 | 259 | 263 | 201 | 4.9% |
| Costa Rica | 78.0 | 194 | 235 | 191 | 34.8% |
| Canada | 24.0 | 19.0 | 8.0 | 113 | 67.6% |
| Argentina | N/A | N/A | N/A | 72.0 | 0% |
| China | N/A | N/A | 412 | N/A | 0% |
| Others | 461 | 1,575 | 982 | 239 | -19.7% |
| Total | 2,298 | 3,827 | 6,172 | 5,001 | 29.6% |
Top Export Markets for Sewing Machine Furniture from Colombia in 2022:
- Venezuela (113.0 kg)
- Aruba (100.0 kg)
- El Salvador (61.0 kg)
- Panama (57.0 kg)
- Argentina (57.0 kg)
- Honduras (16.0 kg)
- Dominican Republic (14.0 kg)
- Nicaragua (13.0 kg)
- Canada (11.0 kg)
- Costa Rica (11.0 kg)
- United States (11.0 kg)
- Spain (8.0 kg)
This report provides an in-depth analysis of the sewing machine furniture 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 28945260 - Furniture, bases and covers for sewing machines and parts thereof, other parts of sewing machines
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
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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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
886
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1189
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4111
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
3826
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
886
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1189
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4111
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
