Duplicating Machines Price in Colombia - 2021

Duplicating Machines Price in Colombia (CIF) - 2022

In 2022, the average duplicating machines import price amounted to $541 per unit, rising by 5.5% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 65%. The import price peaked at $1,198 per unit in 2016; however, from 2017 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 the United States ($776 per unit), while the price for Panama ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%), while the prices for the other major suppliers experienced a decline.

Duplicating Machines Price in Colombia (FOB) - 2022

The average duplicating machines export price stood at $284 per unit in 2022, picking up by 8.4% against the previous year. Overall, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55%. As a result, the export price reached the peak level of $1,036 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -10.9% per year.

Duplicating Machines Imports in Colombia

In 2022, the amount of duplicating machineses imported into Colombia dropped to 129 units, shrinking by -14.6% on the year before. In general, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 136%. Over the period under review, imports attained the peak figure at 239 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, duplicating machines imports declined to $70K in 2022. Overall, imports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, imports reached the maximum at $202K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Duplicating Machines in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	156	27.8	18.2	41.9	-35.5%
Japan	28.5	20.2	48.6	20.0	-11.1%
United States	13.4	9.2	5.6	6.1	-23.1%
Others	4.6	5.3	4.9	1.9	-25.5%
Total	202	62.5	77.4	70.0	-29.8%

Top Suppliers of Duplicating Machines to Colombia in 2022:

Japan (61.0 units)
China (58.0 units)
United States (8.0 units)

Duplicating Machines Exports in Colombia

In 2022, approx. 2 units of duplicating machineses were exported from Colombia; flattening at 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, duplicating machines exports expanded rapidly to $568 in 2022. Over the period under review, exports saw a abrupt shrinkage. The exports peaked at $715 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.