Report Update Apr 1, 2024

Colombia - Railway or Tramway Maintenance or Service Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Railway Maintenance Vehicle Market 2024

Railway Maintenance Vehicle Market Size in Colombia

The Colombian railway maintenance vehicle market reduced slightly to $X in 2022, shrinking by X% against the previous year. In general, consumption enjoyed a strong expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Railway Maintenance Vehicle Production in Colombia

In value terms, railway maintenance vehicle production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Railway Maintenance Vehicle Exports

Exports from Colombia

In 2021, overseas shipments of railway or tramway maintenance or service vehicles decreased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports saw a abrupt downturn. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, railway maintenance vehicle exports totaled $X in 2021. Overall, exports saw a dramatic setback. The smallest decline of X% was in 2013. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for railway maintenance vehicle exports from Colombia, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average railway maintenance vehicle export price amounted to $X per unit, leveling off at the previous year. Overall, the export price saw a sharp downturn. The growth pace was the most rapid in 2013 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Railway Maintenance Vehicle Imports

Imports into Colombia

In 2022, overseas purchases of railway or tramway maintenance or service vehicles decreased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, railway maintenance vehicle imports reduced to $X in 2022. Over the period under review, imports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Austria (X units), the United States (X units) and Spain (X units) were the main suppliers of railway maintenance vehicle 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 Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest railway maintenance vehicle suppliers to Colombia were Spain ($X), Germany ($X) and Austria ($X), together accounting for X% of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded 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

The average railway maintenance vehicle import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway maintenance or service vehicles in the world?

The country with the largest volume of railway maintenance vehicle consumption was China, comprising approx. 14% of total volume. Moreover, railway maintenance vehicle consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was held by the United States, with a 6% share.

What are the largest producers of railway or tramway maintenance or service vehicles in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 30% share of global production. Pakistan, Nigeria, Germany, Russia, Indonesia, Ethiopia, Turkey, Democratic Republic of the Congo, France and Italy lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of railway or tramway maintenance or service vehicles to Colombia?

In value terms, Spain, Germany and Austria appeared to be the largest railway maintenance vehicle suppliers to Colombia, with a combined 96% share of total imports.

What is the average export price for railway or tramway maintenance or service vehicles in Colombia?

The average railway maintenance vehicle export price stood at $14,238 per unit in 2021, leveling off at the previous year.

What is the average import price for railway or tramway maintenance or service vehicles in Colombia?

In 2022, the average railway maintenance vehicle import price amounted to $159,211 per unit, rising by 2.9% against the previous year.

This report provides an in-depth analysis of the railway maintenance vehicle 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 2030.

Product coverage:

Prodcom 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023