Colombia: Mattocks And Rakes Market 2024

Mattocks And Rakes Market Size in Colombia

In 2022, the Colombian mattocks and rakes market increased by X% to $X, rising for the sixth consecutive year after three years of decline. In general, consumption showed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mattocks And Rakes Production in Colombia

In value terms, mattocks and rakes production expanded notably to $X in 2022 estimated in export price. Overall, production recorded a slight increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Mattocks And Rakes Exports

Exports from Colombia

In 2022, the amount of mattocks, picks, hoes and rakes exported from Colombia reduced markedly to X tons, waning by X% on the previous year. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mattocks and rakes exports reduced slightly to $X in 2022. Overall, exports recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for mattocks and rakes exports from Colombia, with a X% share of total exports. Moreover, mattocks and rakes exports to Ecuador exceeded the volume sent to the second major destination, Peru (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Venezuela (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for mattocks, picks, hoes and rakes exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Venezuela (X% per year).

Export Prices by Country

In 2022, the average mattocks and rakes export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mattocks and rakes export price increased by X% against 2017 indices. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Ecuador ($X 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 Peru (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mattocks And Rakes Imports

Imports into Colombia

In 2022, the amount of mattocks, picks, hoes and rakes imported into Colombia surged to X tons, jumping by X% against 2021 figures. Over the period under review, imports posted a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mattocks and rakes imports surged to $X in 2022. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Mexico (X tons) were the main suppliers of mattocks and rakes imports to Colombia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest mattocks and rakes suppliers to Colombia were China ($X), India ($X) and Mexico ($X), with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average mattocks and rakes import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform