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Colombia - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounting Lifting Equipment Price in Colombia - 2022
Contents:
- Mounting Lifting Equipment Price in Colombia (CIF) - 2022
- Mounting Lifting Equipment Price in Colombia (FOB) - 2022
- Mounting Lifting Equipment Imports in Colombia
- Mounting Lifting Equipment Exports in Colombia
Mounting Lifting Equipment Price in Colombia (CIF) - 2022
The average mounting lifting equipment import price stood at $19,155 per unit in February 2022, growing by 130% against the previous month. In general, the import price recorded a modest increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($24,120 per unit), while the price for France amounted to $15,431 per unit.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by France (+38.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Mounting Lifting Equipment Price in Colombia (FOB) - 2022
In 2022, the average mounting lifting equipment export price amounted to $371 per unit, waning by -70.1% against the previous year. Overall, the export price faced a dramatic descent. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. As a result, the export price reached the peak level of $12,650 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,091 per unit), while the average price for exports to Venezuela ($365 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 Ecuador (-13.5%), while the prices for the other major destinations experienced a decline.
Mounting Lifting Equipment Imports in Colombia
In 2022, imports of lifting equipment designed for mounting on road vehicles into Colombia shrank remarkably to 278 units, which is down by -27.6% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 127%. As a result, imports reached the peak of 384 units, and then shrank sharply in the following year.
In value terms, mounting lifting equipment imports contracted notably to $5.8M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. Over the period under review, imports reached the peak figure at $7.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Mounting Lifting Equipment in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 457 | 478 | 1,393 | 924 | 26.4% |
Slovakia | 970 | 902 | 1,145 | 906 | -2.2% |
Spain | 1,053 | 293 | 581 | 838 | -7.3% |
Italy | 2,032 | 786 | 950 | 390 | -42.3% |
Austria | 619 | 653 | 315 | 333 | -18.7% |
Canada | 737 | 302 | 34.3 | 211 | -34.1% |
Others | 1,891 | 619 | 3,079 | 2,163 | 4.6% |
Total | 7,760 | 4,033 | 7,496 | 5,764 | -9.4% |
Top Suppliers of Mounting Lifting Equipment to Colombia in 2022:
- Slovakia (156.0 units)
- Spain (37.0 units)
- United States (8.0 units)
- Italy (7.0 units)
- Canada (5.0 units)
- Austria (3.0 units)
Mounting Lifting Equipment Exports in Colombia
For the fourth year in a row, Colombia recorded growth in shipments abroad of lifting equipment designed for mounting on road vehicles, which increased by 181% to 73 units in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mounting lifting equipment exports declined markedly to $27K in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 76% against the previous year. The exports peaked at $32K in 2021, and then declined rapidly in the following year.
Export of Mounting Lifting Equipment in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 12.2 | 19.0 | 30.8 | 26.3 | 29.2% |
Ecuador | 0.3 | 0.5 | 0.8 | 0.6 | 26.0% |
Others | 0.2 | 2.8 | 0.3 | 0.2 | 0.0% |
Total | 12.7 | 22.3 | 31.9 | 27.1 | 28.7% |
Top Export Markets for Mounting Lifting Equipment from Colombia in 2022:
- Venezuela (72.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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