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Colombia - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in Colombia - 2022
Contents:
- Safety Seat Belt Price in Colombia (CIF) - 2022
- Safety Seat Belt Price in Colombia (FOB) - 2022
- Safety Seat Belt Imports in Colombia
- Safety Seat Belt Exports in Colombia
Safety Seat Belt Price in Colombia (CIF) - 2022
In February 2022, the average safety seat belt import price amounted to $6.0 per unit, shrinking by -53.9% against the previous month. Over the period under review, the import price saw a slight downturn. The pace of growth was the most pronounced in January 2022 an increase of 104% m-o-m. As a result, import price reached the peak level of $13.1 per unit, and then declined sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($42.6 per unit), while the price for China ($4.2 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Romania (+24.9%), while the prices for the other major suppliers experienced a decline.
Safety Seat Belt Price in Colombia (FOB) - 2022
In 2022, the average safety seat belt export price amounted to $7.8 per unit, reducing by -1.7% against the previous year. In general, the export price continues to indicate a mild setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 14%. Over the period under review, the average export prices attained the maximum at $9.3 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($17 per unit), while the average price for exports to Ecuador ($5.1 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 Panama (+1.2%), while the prices for the other major destinations experienced a decline.
Safety Seat Belt Imports in Colombia
In 2022, the amount of safety seat belts imported into Colombia reduced to 512K units, almost unchanged from the previous year's figure. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 2.4%. Over the period under review, imports attained the peak figure at 759K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, safety seat belt imports contracted to $3.3M in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Safety Seat Belt in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 964 | 1,603 | 2,527 | 1,913 | 25.7% |
Romania | 1,506 | 543 | 256 | 572 | -27.6% |
China | 354 | 256 | 300 | 226 | -13.9% |
Mexico | 188 | 229 | 292 | 221 | 5.5% |
India | 409 | 199 | 42.8 | 162 | -26.6% |
Others | 669 | 194 | 249 | 252 | -27.8% |
Total | 4,091 | 3,024 | 3,667 | 3,346 | -6.5% |
Top Suppliers of Safety Seat Belt to Colombia in 2022:
- Brazil (259.7K units)
- Romania (152.3K units)
- China (54.3K units)
- India (26.2K units)
- Mexico (8.6K units)
Safety Seat Belt Exports in Colombia
In 2022, shipments abroad of safety seat belts was finally on the rise to reach 29K units after two years of decline. In general, exports, however, showed a deep contraction. The exports peaked at 40K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, safety seat belt exports expanded rapidly to $230K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The exports peaked at $286K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Safety Seat Belt in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 248 | 241 | 154 | 191 | -8.3% |
Panama | 27.0 | 3.8 | 34.0 | 30.8 | 4.5% |
Ecuador | 9.2 | 4.9 | 3.0 | 5.1 | -17.9% |
Others | 1.9 | 8.4 | 10.2 | 2.6 | 11.0% |
Total | 286 | 258 | 201 | 230 | -7.0% |
Top Export Markets for Safety Seat Belt from Colombia in 2022:
- Mexico (26.4K units)
- Panama (1.8K units)
- Ecuador (1.0K units)
This report provides an in-depth analysis of the safety seat belt market 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 29322030 - Safety seat belts
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
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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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