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Colombia - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Colombia - 2022
Contents:
- Non-Household Fan Price in Colombia (CIF) - 2022
- Non-Household Fan Price in Colombia (FOB) - 2022
- Non-Household Fan Imports in Colombia
- Non-Household Fan Exports in Colombia
Non-Household Fan Price in Colombia (CIF) - 2022
In 2022, the average non-household fan import price amounted to $28 per unit, standing approx. at the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-household fan import price decreased by -33.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 41% against the previous year. The import price peaked at $43 per unit in 2020; however, from 2021 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 the United States ($443 per unit), while the price for China ($11 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 (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Household Fan Price in Colombia (FOB) - 2022
The average non-household fan export price stood at $136 per unit in 2022, growing by 36% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $176 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($336 per unit), while the average price for exports to Chile ($30 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 Brazil (+56.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Imports in Colombia
In 2022, the amount of non-household ventilation fans imported into Colombia skyrocketed to 1.3M units, with an increase of 39% against the year before. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, non-household fan imports surged to $36M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Household Fan in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.8 | 6.8 | 10.0 | 11.2 | 12.8% |
Brazil | 1.3 | 1.4 | 1.5 | 2.8 | 29.1% |
Taiwan (Chinese) | 1.0 | 0.8 | 1.8 | 1.1 | 3.2% |
Others | 17.3 | 13.8 | 12.8 | 21.4 | 7.3% |
Total | 27.5 | 22.7 | 26.0 | 36.5 | 9.9% |
Top Suppliers of Non-Household Fan to Colombia in 2022:
- China (1045.2K units)
- Brazil (72.2K units)
- Taiwan (Chinese) (72.1K units)
Non-Household Fan Exports in Colombia
Non-household fan exports from Colombia expanded remarkably to 14K units in 2022, increasing by 14% against the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, non-household fan exports skyrocketed to $1.8M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Non-Household Fan in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 252 | 142 | 269 | 426 | 19.1% |
Brazil | 0.2 | 7.9 | 180 | 321 | 1070.8% |
Peru | 220 | 126 | 90.5 | 312 | 12.4% |
Guatemala | 46.5 | 123 | 58.8 | 182 | 57.6% |
Mexico | 42.4 | 43.1 | 27.1 | 109 | 37.0% |
Chile | 60.0 | 14.2 | 48.5 | 69.3 | 4.9% |
Venezuela | 0.4 | 0.3 | 110 | 32.2 | 331.8% |
Panama | 160 | 149 | 40.2 | 13.4 | -56.2% |
Costa Rica | 21.2 | 7.5 | 59.6 | 1.3 | -60.6% |
China | 30.7 | 12.1 | N/A | 0.1 | -85.2% |
Others | 111 | 164 | 305 | 382 | 51.0% |
Total | 946 | 789 | 1,190 | 1,849 | 25.0% |
Top Export Markets for Non-Household Fan from Colombia in 2022:
- Costa Rica (undefinedK units)
- China (undefinedK units)
- Brazil (3.7K units)
- Ecuador (2.7K units)
- Chile (2.3K units)
- Mexico (1.1K units)
- Guatemala (1.0K units)
- Peru (0.9K units)
- Venezuela (0.6K units)
- Panama (0.1K units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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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