Price for Milking Machines and Dairy Machinery in Colombia - 2022

Contents:

  1. Price for Milking Machines and Dairy Machinery in Colombia (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Colombia (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Colombia
  4. Exports of Milking Machines and Dairy Machinery in Colombia

Price for Milking Machines and Dairy Machinery in Colombia (CIF) - 2022

The average import price for milking machines and dairy machineries stood at $4,475 per unit in 2022, rising by 32% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,437 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 Italy ($6,980 per unit), while the price for Turkey ($2,050 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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Colombia (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $5,463 per unit in 2022, reducing by -10.4% against the previous year. In general, the export price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 101% against the previous year. Over the period under review, the average export prices reached the maximum at $9,224 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($12,452 per unit), while the average price for exports to the Dominican Republic ($1,914 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 Argentina (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Colombia

In 2022, after two years of decline, there was significant growth in supplies from abroad of milking machines and dairy machineries, when their volume increased by 7.7% to 1.7K units. Over the period under review, imports, however, showed a pronounced curtailment. Imports peaked at 1.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, milking machines and dairy machinery imports skyrocketed to $7.8M in 2022. In general, imports, however, saw a deep downturn. Over the period under review, imports hit record highs at $10M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Milking Machines and Dairy Machinery in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,9771,9249501,543-19.7%
Sweden5437809581,24031.7%
Spain1,6751,7457161,086-13.4%
Italy1,0751,3648021,037-1.2%
Brazil5631,03958976210.6%
United States52063253669310.0%
Turkey469612351454-1.1%
China19844820726710.5%
Poland35419941.7147-25.4%
Argentina21914881.9120-18.2%
Others8591,150236404-22.2%
Total9,45210,0425,4687,755-6.4%

Top Suppliers of Milking Machines and Dairy Machinery to Colombia in 2022:

  1. Sweden (338.0 units)
  2. Germany (257.0 units)
  3. Brazil (253.0 units)
  4. Turkey (222.0 units)
  5. Spain (179.0 units)
  6. Italy (149.0 units)
  7. United States (120.0 units)
  8. China (86.0 units)
  9. Poland (40.0 units)
  10. Argentina (35.0 units)

Exports of Milking Machines and Dairy Machinery in Colombia

In 2022, approx. 117 units of milking machines and dairy machineries were exported from Colombia; reducing by -33.5% against the previous year. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 184%. Over the period under review, the exports attained the maximum at 349 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, milking machines and dairy machinery exports shrank remarkably to $637K in 2022. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 435%. Over the period under review, the exports hit record highs at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Milking Machines and Dairy Machinery in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2,05412224.7340-45.1%
Ecuador18.80.8351160104.2%
Peru2.019.5225103272.1%
Dominican Republic45.930.765.329.8-13.4%
United StatesN/AN/A266N/A0%
PanamaN/A22.093.7N/A325.9%
Others22.55.846.63.6-45.7%
Total2,1432011,073637-33.3%

Top Export Markets for Milking Machines and Dairy Machinery from Colombia in 2022:

  1. Mexico (69.0 units)
  2. Ecuador (24.0 units)
  3. Dominican Republic (16.0 units)
  4. Peru (8.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Milking machines and dairy machinery - Colombia