Colombia: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Colombia

The Colombian balloon and dirigible market was estimated at $X in 2023, growing by X% against the previous year. Overall, consumption saw a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Balloon And Dirigible Production in Colombia

In value terms, balloon and dirigible production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Balloon And Dirigible Exports

Exports from Colombia

In 2023, overseas shipments of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2023, the growth of the exports failed to regain momentum.

In value terms, balloon and dirigible exports skyrocketed to $X in 2023. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Panama (X units), Guatemala (X units) and Norway (X units) were the main destinations of balloon and dirigible exports from Colombia, together accounting for X% of total exports. Moreover, balloon and dirigible exports in Panama exceeded the figures recorded by the second-largest exporter, Guatemala, twofold.

From 2012 to 2023, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X) remains the key foreign market for balloons, dirigibles and other non-powered aircraft exports from Colombia, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and the United States (X% per year).

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2023, approximately mirroring the previous year. In general, the export price posted noticeable growth. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, 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 Panama ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced mixed trend patterns.

Balloon And Dirigible Imports

Imports into Colombia

Balloon and dirigible imports into Colombia reduced to X units in 2023, which is down by X% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, balloon and dirigible imports skyrocketed to $X in 2023. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Finland (X units), Japan (X units) and China (X units) were the main suppliers of balloon and dirigible imports to Colombia, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest balloon and dirigible suppliers to Colombia were Spain ($X), Japan ($X) and China ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average balloon and dirigible import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform