Colombia - Tamping Or Compacting Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTamping Machinery Price in Colombia - 2022
Contents:
- Tamping Machinery Price in Colombia (CIF) - 2022
- Tamping Machinery Price in Colombia (FOB) - 2022
- Tamping Machinery Imports in Colombia
- Tamping Machinery Exports in Colombia
Tamping Machinery Price in Colombia (CIF) - 2022
In February 2022, the average tamping machinery import price amounted to $1,373 per unit, declining by -15% against the previous month. Over the period under review, the import price, however, showed notable growth. The pace of growth was the most pronounced in April 2021 when the average import price increased by 204% month-to-month. Over the period under review, average import prices hit record highs at $3,150 per unit in December 2021; afterwards, it flattened through to February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,943 per unit), while the price for China ($766 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Tamping Machinery Price in Colombia (FOB) - 2022
In 2022, the average tamping machinery export price amounted to $1,146 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $4,021 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($2,648 per unit), while the average price for exports to El Salvador ($74 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 Ecuador (-4.9%), while the prices for the other major destinations experienced a decline.
Tamping Machinery Imports in Colombia
In 2022, imports of tamping or compacting machinery into Colombia fell markedly to 652 units, reducing by -21.8% against the previous year. Overall, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports reached the maximum at 1.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, tamping machinery imports fell notably to $1.4M in 2022. Over the period under review, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports reached the peak of $1.8M, and then dropped markedly in the following year.
| Import of Tamping Machinery in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 742 | 437 | 621 | 697 | -2.1% |
| Japan | 133 | 90.7 | 77.6 | 106 | -7.3% |
| United States | 153 | 137 | 48.3 | 94.6 | -14.8% |
| South Korea | 74.2 | 63.8 | 40.8 | 63.1 | -5.3% |
| Germany | 219 | 17.2 | 362 | 59.1 | -35.4% |
| Panama | 0.3 | 37.5 | 37.3 | 41.9 | 418.8% |
| Sweden | 8.1 | 5.5 | 34.3 | 24.9 | 45.4% |
| Philippines | 15.6 | 15.7 | 17.5 | 22.0 | 12.1% |
| Others | 296 | 288 | 536 | 324 | 3.1% |
| Total | 1,641 | 1,091 | 1,775 | 1,433 | -4.4% |
Top Suppliers of Tamping Machinery to Colombia in 2022:
- China (450.0 units)
- Japan (33.0 units)
- Germany (27.0 units)
- Sweden (21.0 units)
- Panama (17.0 units)
- South Korea (15.0 units)
- Philippines (14.0 units)
- United States (8.0 units)
Tamping Machinery Exports in Colombia
In 2022, overseas shipments of tamping or compacting machinery decreased by 0% to 8 units, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 9 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tamping machinery exports amounted to $9.1K in 2022. Overall, exports saw a slight decline. The exports peaked at $9.5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tamping Machinery in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 4.4 | 5.0 | 4.9 | 5.5 | 7.7% |
| Venezuela | 1.5 | 1.4 | 1.1 | 1.1 | -9.8% |
| Peru | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Panama | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| El Salvador | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 3.0 | 2.1 | 2.2 | 1.8 | -15.7% |
| Total | 9.5 | 9.2 | 8.9 | 9.1 | -1.4% |
Top Export Markets for Tamping Machinery from Colombia in 2022:
- Peru (3.0 units)
- Venezuela (2.0 units)
- Ecuador (2.0 units)
- El Salvador (1.0 units)
This report provides an in-depth analysis of the tamping machinery 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 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)
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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