Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (CIF) - 2022

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $177 per unit, increasing by 31% against the previous year. Overall, the import price, however, recorded a slight decline. The growth pace was the most rapid in 2018 an increase of 61% against the previous year. As a result, import price reached the peak level of $477 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($248 per unit), while the price for Brazil ($118 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (FOB) - 2022

In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $739 per unit, surging by 183% against the previous year. Overall, the export price enjoyed a buoyant increase. The export price peaked at $900 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($2,067 per unit), while the average price for exports to Peru ($414 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 Guatemala (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia

In 2022, approx. 9K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Colombia; picking up by 58% on the year before. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 152%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $1.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico564N/AN/A90417.0%
China21387.649857439.2%
ArgentinaN/AN/AN/A37.80%
Brazil67.025.511.71.9-69.5%
United States270165181N/A-18.1%
Italy41212247.8N/A-65.9%
Others55.919933.682.013.6%
Total1,5815997721,5990.4%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Colombia in 2022:

  1. Mexico (4.4K units)
  2. China (4.3K units)
  3. Argentina (0.2K units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia

Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Colombia soared to 198 units in 2022, picking up by 321% against the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 327% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $146K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A6.184.01277.0%
EcuadorN/AN/A0.142.742600.0%
Peru8.9N/A2.612.010.5%
BrazilN/AN/AN/A6.20%
Costa Rica0.14.20.3N/A73.2%
PanamaN/A5.73.0N/A-47.4%
UruguayN/AN/A0.1N/A0%
Others2.2N/AN/A1.3-16.1%
Total11.29.912.3146135.3%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Colombia in 2022:

  1. United States (118.0 units)
  2. Ecuador (46.0 units)
  3. Peru (29.0 units)
  4. Brazil (3.0 units)
  5. Costa Rica (1.0 units)

Source: IndexBox Market Intelligence Platform

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