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Colombia - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Dc Motor Market Overview 2021

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Dc Motor Market Size in Colombia

The Colombian dc motor market contracted remarkably to $X in 2020, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2019 when the market value increased by X% y-o-y. Dc motor consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Dc Motor Exports

Exports from Colombia

In 2020, approx. X units of dc motors were exported from Colombia; waning by -X% against 2019. Overall, exports, however, saw measured growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of X units. From 2013 to 2020, the growth exports remained at a lower figure.

In value terms, dc motor exports reduced to $X in 2020. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then fell in the following year.

Exports by Country

Ecuador (X units), Peru (X units) and the U.S. (X units) were the main destinations of dc motor exports from Colombia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Peru, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for dc motor exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+X% per year) and Panama (-X% per year).

Export Prices by Country

The average dc motor export price stood at $X per unit in 2020, growing by X% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Costa Rica ($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 U.S., while the prices for the other major destinations experienced mixed trend patterns.

Dc Motor Imports

Imports into Colombia

Dc motor imports into Colombia shrank dramatically to X units in 2020, with a decrease of -X% compared with the previous year. Overall, imports showed a deep setback. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, dc motor imports reduced sharply to $X in 2020. Over the period under review, imports recorded a pronounced setback. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest dc motor supplier to Colombia, accounting for a X% share of total imports. Moreover, dc motor imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), fourfold. Romania (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Romania (+X% per year).

In value terms, the U.S. ($X), China ($X) and Brazil ($X) constituted the largest dc motor suppliers to Colombia, with a combined X% share of total imports. These countries were followed by Romania, France and South Korea, which together accounted for a further X terms of the main suppliers, Romania recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average dc motor import price amounted to $X per unit, picking up by X% against the previous year. Overall, import price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, dc motor import price increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dc motors in the world?
+
The country with the largest volume of dc motor consumption was China (1B units), accounting for 27% of total volume. Moreover, dc motor consumption in China exceeded the figures recorded by the second-largest consumer, Mexico (312M units), threefold. The U.S. (273M units) ranked third in terms of total consumption with a 7.1% share.
What are the largest producers of dc motors in the world?
+
The country with the largest volume of dc motor production was China (976M units), comprising approx. 43% of total volume. Moreover, dc motor production in China exceeded the figures recorded by the second-largest producer, Viet Nam (185M units), fivefold. Switzerland (134M units) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of dc motors to Colombia?
+
In value terms, the largest dc motor suppliers to Colombia were the U.S. ($4.5M), China ($4.2M) and Brazil ($1.2M), with a combined 70% share of total imports. Romania, France and South Korea lagged somewhat behind, together comprising a further 11%.
What are the leading importers of dc motors from Colombia?
+
In value terms, the U.S. ($2.4M) remains the key foreign market for dc motor exports from Colombia, comprising 86% of total exports. The second position in the ranking was occupied by Ecuador ($146K), with a 5.2% share of total exports. It was followed by Panama, with a 2.4% share.
What is the average export price for dc motors in Colombia?
+
In 2020, the average dc motor export price amounted to $39 per unit, surging by 11% against the previous year.
What is the average import price for dc motors in Colombia?
+
The average dc motor import price stood at $17 per unit in 2020, picking up by 11% against the previous year.

Product coverage:
• Prodcom 27111010 - Electric motors of an output . .37,5 W (including synchronous motors . .18 W, universal AC/DC motors, AC and DC motors)
• Prodcom 27111030 - DC motors and generators of an output > .37,5 W but . .750 W (excluding starter motors for internal combustion engines)
• Prodcom 27111053 -
• Prodcom 27111055 -
• Prodcom 27111070 - DC motors and generators of an output > .75 kW but . .375 kW (excluding starter motors for internal combustion engines)
• Prodcom 27111090 - DC motors and generators of an output > .375 kW (excluding starter motors for internal combustion engines)

This report provides an in-depth analysis of the dc motor 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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