Colombia: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Colombia

The Colombian vapour generating boiler parts market declined modestly to $X in 2023, waning by X% against the previous year. Overall, the total consumption indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Colombia

In value terms, vapour generating boiler parts production dropped slightly to $X in 2023 estimated in export price. In general, the total production indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. 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 2023, production growth failed to regain momentum.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Colombia

In 2023, shipments abroad of parts of vapour generating boilers and super-heater water boilers decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, vapour generating boiler parts exports surged to $X in 2023. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Guatemala (X tons) was the main destination for vapour generating boiler parts exports from Colombia, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to Guatemala amounted to X%.

In value terms, Guatemala ($X) emerged as the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Colombia.

From 2012 to 2023, the average annual growth rate of value to Guatemala amounted to X%.

Export Prices by Country

In 2023, the average vapour generating boiler parts export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2023, the rate of growth in terms of prices for Costa Rica amounted to X% per year.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Colombia

In 2023, overseas purchases of parts of vapour generating boilers and super-heater water boilers were finally on the rise to reach X tons after three years of decline. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, vapour generating boiler parts imports surged to $X in 2023. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and the United States (X tons) were the main suppliers of vapour generating boiler parts imports to Colombia.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%).

In value terms, the largest vapour generating boiler parts suppliers to Colombia were the United States ($X) and India ($X).

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average vapour generating boiler parts import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vapour generating boiler parts import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform