Price for Shavers; with Self-Contained Electric Motor in Colombia - 2022

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Colombia (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Colombia (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Colombia
4. Exports of Shavers; with Self-Contained Electric Motor in Colombia

Price for Shavers; with Self-Contained Electric Motor in Colombia (CIF) - 2022

In 2022, the average import price for shavers; with self-contained electric motors amounted to $5.1 per unit, picking up by 40% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2016 an increase of 80%. Over the period under review, average import prices reached the peak figure at $30 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -0.5% per year.

Price for Shavers; with Self-Contained Electric Motor in Colombia (FOB) - 2022

In 2022, the average export price for shavers; with self-contained electric motors amounted to $24 per unit, shrinking by -3.7% against the previous year. Overall, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 162%. Over the period under review, the average export prices hit record highs at $28 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Spain ($83 per unit), while the average price for exports to El Salvador ($18 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 Chile (+18.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Shavers; with Self-Contained Electric Motor in Colombia

In 2022, the amount of shavers; with self-contained electric motors imported into Colombia dropped to 379K units, waning by -13.1% on the previous year. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 436K units, and then fell in the following year.

In value terms, shavers; with self-contained electric motor imports skyrocketed to $1.9M in 2022. Over the period under review, imports continue to indicate a sharp contraction. Over the period under review, imports reached the peak figure at $4.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Colombia in 2022:

1. China (392.6K units)
2. United States (5.6K units)

Exports of Shavers; with Self-Contained Electric Motor in Colombia

Shavers; with self-contained electric motor exports from Colombia contracted remarkably to 276 units in 2022, dropping by -25.4% on the previous year. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, the exports reached the maximum at 1.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, shavers; with self-contained electric motor exports declined sharply to $6.7K in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. Over the period under review, the exports hit record highs at $10K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Colombia in 2022:

1. El Salvador (209.0 units)
2. Spain (12.0 units)
3. Dominican Republic (4.0 units)

Source: IndexBox Market Intelligence Platform