Colombia: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Colombia

The Colombian poultry-keeping machinery market expanded significantly to $X in 2022, picking up by X% against the previous year. Overall, consumption showed buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Poultry-Keeping Machinery Production in Colombia

In value terms, poultry-keeping machinery production rose sharply to $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Poultry-Keeping Machinery Exports

Exports from Colombia

In 2022, approx. X units of poultry-keeping machinery were exported from Colombia; increasing by X% compared with the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Ecuador (X units), the Dominican Republic (X units) and Costa Rica (X units) were the main destinations of poultry-keeping machinery exports from Colombia, together comprising X% of total exports. Venezuela, Guatemala, Panama, Honduras, Nicaragua and Bolivia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry-keeping machinery exported from Colombia were Ecuador ($X), Guatemala ($X) and the Dominican Republic ($X), together accounting for X% of total exports. Costa Rica, Panama, Honduras, Nicaragua, Venezuela and Bolivia lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry-keeping machinery export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per unit), while the average price for exports to Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Colombia

Poultry-keeping machinery imports into Colombia fell to X units in 2022, dropping by X% compared with the previous year. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry-keeping machinery imports surged to $X in 2022. Overall, imports saw a mild reduction. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of poultry-keeping machinery to Colombia, with a X% share of total imports. Moreover, poultry-keeping machinery imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, the largest poultry-keeping machinery suppliers to Colombia were Brazil ($X), Germany ($X) and the United States ($X), together comprising X% of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poultry-keeping machinery import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 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 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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