Colombia: Helicopter Market 2022

Helicopter Market Size in Colombia

In 2020, the Colombian helicopter market decreased by -X% to $X, falling for the third year in a row after five years of growth. Overall, consumption faced a significant decline. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Helicopter consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Helicopter Exports

Exports from Colombia

In 2020, the amount of helicopters exported from Colombia soared to X units, jumping by X% on the year before. Over the period under review, exports saw a moderate expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X units in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, helicopter exports declined to $X in 2020. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for helicopter exports from Colombia, accounting for a X% share of total exports. Moreover, helicopter exports to the United States exceeded the volume sent to the second major destination, Uganda (X units), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Free Zones (-X% per year).

In value terms, the largest markets for helicopter exported from Colombia were the United States ($X), Uganda ($X) and Free Zones ($X), together comprising X% of total exports.

Among the main countries of destination, the United States saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average helicopter export price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Uganda ($X per unit), while the average price for exports to Free Zones ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States, while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Colombia

In 2020, overseas purchases of helicopters decreased by -X% to X units, falling for the fourth consecutive year after three years of growth. Overall, imports faced a drastic downturn. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, helicopter imports fell to $X in 2020. In general, imports recorded slight growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of helicopter to Colombia, with a X% share of total imports. Moreover, helicopter imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold. The third position in this ranking was occupied by the United States (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and the United States (-X% per year).

In value terms, the United States ($X) constituted the largest supplier of helicopter to Colombia, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2020, surging by X% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform

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