Price for Automatic Circuit Breakers for Under 1000 V in Colombia - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Colombia (CIF) - 2022
- Price for Automatic Circuit Breakers for Under 1000 V in Colombia (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in Colombia
- Exports of Automatic Circuit Breakers for Under 1000 V in Colombia
Price for Automatic Circuit Breakers for Under 1000 V in Colombia (CIF) - 2022
In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $6.2 per unit, with an increase of 8.1% against the previous year. Overall, the import price, however, saw a abrupt slump. Over the period under review, average import prices hit record highs at $12 per unit in 2013; however, from 2014 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 Spain ($41 per unit), while the price for Brazil ($2.4 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 (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Colombia (FOB) - 2022
In 2022, the average export price for automatic circuit breakers for under 1000 v amounted to $5.3 per unit, surging by 15% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. Over the period under review, the average export prices attained the maximum at $7.5 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($7.5 per unit), while the average price for exports to Costa Rica ($3.3 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 Costa Rica (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Colombia
In 2022, approx. 3.2M units of automatic circuit breakers for under 1000 v were imported into Colombia; increasing by 14% on the previous year. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of automatic circuit breakers for under 1000 v soared to $20M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +65.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Automatic Circuit Breakers for Under 1000 V in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 4.1 | 6.8 | 8.6 | 45.4% |
| Czech Republic | 3.0 | 2.0 | 2.4 | 3.6 | 6.3% |
| Italy | 2.3 | 2.2 | 1.8 | 2.6 | 4.2% |
| Brazil | 0.4 | 0.3 | 0.5 | 0.7 | 20.5% |
| India | 0.9 | 0.3 | 0.7 | 0.6 | -12.6% |
| South Korea | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Mexico | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 4.8 | 2.5 | 3.2 | 2.9 | -15.5% |
| Total | 14.8 | 12.2 | 16.4 | 20.1 | 10.7% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Colombia in 2022:
- China (2113.3K units)
- Brazil (307.0K units)
- Italy (218.7K units)
- Czech Republic (182.8K units)
- India (107.8K units)
- South Korea (74.5K units)
- Mexico (51.2K units)
Exports of Automatic Circuit Breakers for Under 1000 V in Colombia
In 2022, the amount of automatic circuit breakers for under 1000 v exported from Colombia shrank to 1.3M units, which is down by -5.9% against the previous year. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +51.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. As a result, the exports attained the peak of 1.3M units, and then shrank in the following year.
In value terms, exports of automatic circuit breakers for under 1000 v amounted to $6.7M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +64.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 52%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Automatic Circuit Breakers for Under 1000 V in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.4 | 3.2 | 4.9 | 4.8 | 12.2% |
| Costa Rica | 0.8 | 0.5 | 0.9 | 0.9 | 4.0% |
| Venezuela | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Others | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Total | 4.7 | 4.1 | 6.2 | 6.7 | 12.5% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Colombia in 2022:
- Mexico (872.9K units)
- Costa Rica (261.3K units)
- Venezuela (82.3K units)
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