Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,217 per unit, jumping by 69% against the previous year. In general, the import price, however, showed a pronounced shrinkage. Over the period under review, average import prices attained the maximum at $2,062 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,460 per unit), while the price for India ($197 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.0%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,694 per unit in 2022, reducing by -3.5% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 15,883%. The export price peaked at $1,785 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 ($2,957 per unit), while the average price for exports to Chile ($548 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 Peru (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia

In 2022, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Colombia shrank to 646 units, approximately equating 2021. In general, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 6.4% against the previous year. Over the period under review, imports of reached the peak figure at 2.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $786K in 2022. Over the period under review, imports saw a dramatic decline. Imports peaked at $4.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Colombia in 2022:

1. Italy (275.0 units)
2. Mexico (188.0 units)
3. United States (85.0 units)
4. China (59.0 units)
5. India (30.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Colombia

After three years of growth, overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -49.2% to 434 units in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of 854 units, and then dropped notably in the following year.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted significantly to $735K in 2022. Over the period under review, exports, however, continue to indicate modest growth. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. As a result, the exports attained the peak of $1.5M, and then dropped remarkably in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Colombia in 2022:

1. United States (253.0 units)
2. Uruguay (69.0 units)
3. Mexico (38.0 units)
4. Chile (28.0 units)
5. Dominican Republic (15.0 units)
6. Panama (13.0 units)
7. Peru (12.0 units)

Source: IndexBox Market Intelligence Platform