Colombia - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 8, 2024

Colombia - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights

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Threshing Machinery Price in Colombia - 2022

Contents:

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

Threshing Machinery Price in Colombia (CIF) - 2022

The average threshing machinery import price stood at $2,470 per unit in 2022, shrinking by -11.1% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 27%. Over the period under review, average import prices attained the maximum at $4,936 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United States ($5,061 per unit), while the price for China ($1,837 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced a decline.

Threshing Machinery Price in Colombia (FOB) - 2022

The average threshing machinery export price stood at $5,810 per unit in 2022, waning by -7.2% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, threshing machinery export price decreased by -22.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,472 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($7,185 per unit), while the average price for exports to Spain ($879 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 El Salvador (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports in Colombia

In 2022, after three years of growth, there was significant decline in purchases abroad of threshing machinery except combine harvester-threshers, when their volume decreased by -28.2% to 296 units. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 281%. As a result, imports attained the peak of 412 units, and then dropped significantly in the following year.

In value terms, threshing machinery imports declined notably to $731K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 260%. As a result, imports reached the peak of $1.1M, and then reduced markedly in the following year.

Import of Threshing Machinery in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.391.2198176176.8%
Brazil14252.934.71512.1%
United StatesN/AN/A16030.4-81.0%
CanadaN/AN/A61.0N/A0%
Others16117469137332.3%
Total3113181,14573133.0%

Top Suppliers of Threshing Machinery to Colombia in 2022:

  1. China (96.0 units)
  2. Brazil (63.0 units)
  3. United States (6.0 units)

Threshing Machinery Exports in Colombia

In 2022, approx. 43 units of threshing machinery except combine harvester-threshers were exported from Colombia; declining by -36.8% on 2021 figures. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 580%. As a result, the exports reached the peak of 68 units, and then fell remarkably in the following year.

In value terms, threshing machinery exports contracted remarkably to $250K in 2022. Over the period under review, exports, however, recorded pronounced growth. The growth pace was the most rapid in 2021 when exports increased by 474%. As a result, the exports reached the peak of $426K, and then reduced markedly in the following year.

Export of Threshing Machinery in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.43.743.697.2243.4%
BoliviaN/AN/AN/A14.40%
El Salvador35.07.25.67.0-41.5%
Guatemala19.84.97.83.1-46.1%
SwitzerlandN/AN/AN/A1.50%
SpainN/AN/A21.10.9-95.7%
Ecuador8.35.032.1N/A96.7%
PeruN/AN/A4.8N/A0%
Panama6.00.86.5N/A4.1%
Honduras23.915.453.2N/A49.2%
Others13237.1251126-1.5%
Total22874.14262503.1%

Top Export Markets for Threshing Machinery from Colombia in 2022:

  1. United States (16.0 units)
  2. Bolivia (2.0 units)
  3. El Salvador (1.0 units)
  4. Guatemala (1.0 units)
  5. Switzerland (1.0 units)
  6. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threshing 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 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)

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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