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Colombia - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial, Laboratory or Bakery Oven in Colombia - 2021
Contents:
- Price for Industrial, Laboratory or Bakery Oven in Colombia (CIF) - 2022
- Price for Industrial, Laboratory or Bakery Oven in Colombia (FOB) - 2022
- Imports of Industrial, Laboratory or Bakery Oven in Colombia
- Exports of Industrial, Laboratory or Bakery Oven in Colombia
Price for Industrial, Laboratory or Bakery Oven in Colombia (CIF) - 2022
The average import price for industrial, laboratory or bakery ovens stood at $1,094 per unit in 2022, with a decrease of -28.9% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 18%. The import price peaked at $5,988 per unit in 2012; however, from 2013 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 Germany ($8,786 per unit), while the price for China ($354 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Industrial, Laboratory or Bakery Oven in Colombia (FOB) - 2022
The average export price for industrial, laboratory or bakery ovens stood at $8,243 per unit in 2022, dropping by -18.4% against the previous year. In general, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices hit record highs at $15,296 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 Ecuador ($13,520 per unit), while the average price for exports to Guatemala ($4,567 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 (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Industrial, Laboratory or Bakery Oven in Colombia
In 2022, industrial, laboratory or bakery oven imports into Colombia surged to 2.6K units, growing by 43% compared with 2021. Overall, imports, however, recorded a precipitous setback. Over the period under review, imports reached the peak figure at 5.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, industrial, laboratory or bakery oven imports rose to $2.8M in 2022. Over the period under review, imports, however, saw a precipitous curtailment. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Industrial, Laboratory or Bakery Oven in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 8.6 | 0.9 | 1.3 | 1.7 | -41.7% |
Germany | 2.5 | 0.3 | 0.6 | 0.5 | -41.5% |
China | 0.2 | 0.8 | 0.3 | 0.2 | 0.0% |
Others | 1.4 | 0.9 | 0.6 | 0.4 | -34.1% |
Total | 12.7 | 2.9 | 2.8 | 2.8 | -39.6% |
Top Suppliers of Industrial, Laboratory or Bakery Oven to Colombia in 2022:
- Italy (1834.0 units)
- China (610.0 units)
- Germany (60.0 units)
Exports of Industrial, Laboratory or Bakery Oven in Colombia
In 2022, shipments abroad of industrial, laboratory or bakery ovens increased by 81% to 163 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports attained the maximum at 236 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, industrial, laboratory or bakery oven exports soared to $1.3M in 2022. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 76% against the previous year. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Industrial, Laboratory or Bakery Oven in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 317 | 354 | 231 | 539 | 19.4% |
Peru | 133 | 648 | 82.3 | 505 | 56.0% |
Ecuador | 102 | 71.3 | 69.5 | 162 | 16.7% |
Guatemala | 59.1 | 111 | 58.3 | 137 | 32.3% |
Mexico | 246 | N/A | N/A | N/A | 0% |
Others | 154 | 594 | 468 | N/A | 74.3% |
Total | 1,011 | 1,778 | 909 | 1,344 | 10.0% |
Top Export Markets for Industrial, Laboratory or Bakery Oven from Colombia in 2022:
- Panama (65.0 units)
- Peru (56.0 units)
- Guatemala (30.0 units)
- Ecuador (12.0 units)
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
- Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)
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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