Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia - 2024

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (CIF) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (FOB) - 2022
  3. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia
  4. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (CIF) - 2022

In 2022, the average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $39 thousand per unit, declining by -45.2% against the previous year. In general, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2020 an increase of 79% against the previous year. As a result, import price reached the peak level of $103 thousand per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Free Zones ($39 thousand per unit) and Russia ($39 thousand per unit), while the price for Singapore ($39 thousand per unit) and Brazil ($39 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.2%), while the prices for the other major suppliers experienced a decline.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (FOB) - 2022

The average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $6.6 thousand per unit in 2022, rising by 80% against the previous year. In general, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($6.8 thousand per unit) and Brazil ($6.8 thousand per unit), while the average price for exports to the Dominican Republic ($6.7 thousand per unit) and Guatemala ($6.7 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia

In 2022, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses into Colombia soared to 8.3K units, with an increase of 133% on the previous year's figure. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses surged to $325M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States97.268.370.678.4-6.9%
China43.238.953.065.815.1%
Germany18.811.512.521.74.9%
Italy12.38.513.615.98.9%
Canada8.26.07.915.122.6%
Free Zones21.48.59.714.7-11.8%
Brazil12.010.810.913.54.0%
Mexico10.59.88.812.97.1%
Argentina8.94.34.811.89.9%
Japan12.210.49.610.4-5.2%
Russia5.73.58.99.217.3%
France12.69.26.79.0-10.6%
Singapore5.54.23.07.08.4%
Others37.129.034.539.92.5%
Total3062232543252.0%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Colombia in 2022:

  1. United States (2006.0 units)
  2. China (1685.0 units)
  3. Germany (556.0 units)
  4. Italy (406.0 units)
  5. Canada (386.0 units)
  6. Free Zones (377.0 units)
  7. Brazil (345.0 units)
  8. Mexico (331.0 units)
  9. Argentina (302.0 units)
  10. Japan (265.0 units)
  11. Russia (234.0 units)
  12. France (231.0 units)
  13. Singapore (179.0 units)

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia

Exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses from Colombia reduced markedly to 4.2K units in 2022, with a decrease of -20.3% compared with the year before. In general, exports recorded a precipitous shrinkage. The smallest decline of -14.5% was in 2020. Over the period under review, the exports of hit record highs at 8.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses soared to $28M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador4.64.73.84.1-3.8%
United States3.84.73.43.90.9%
Iraq1.2N/AN/A3.644.2%
Mexico1.92.12.52.813.8%
Venezuela0.50.30.32.571.0%
Peru1.70.91.41.5-4.1%
Argentina0.40.60.71.244.2%
Honduras1.40.42.01.1-7.7%
Panama0.80.90.61.07.7%
Dominican Republic0.40.70.40.931.0%
Guatemala0.80.40.50.7-4.4%
Brazil0.30.50.40.518.6%
Chile0.50.20.60.50.0%
Others4.74.63.13.6-8.5%
Total23.121.119.628.06.6%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Colombia in 2022:

  1. Ecuador (612.0 units)
  2. United States (573.0 units)
  3. Iraq (533.0 units)
  4. Mexico (413.0 units)
  5. Venezuela (363.0 units)
  6. Peru (229.0 units)
  7. Argentina (185.0 units)
  8. Honduras (168.0 units)
  9. Panama (147.0 units)
  10. Dominican Republic (133.0 units)
  11. Guatemala (98.0 units)
  12. Chile (80.0 units)
  13. Brazil (73.0 units)

Source: IndexBox Market Intelligence Platform

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