Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia - 2022

Contents:

  1. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (CIF) - 2022
  2. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (FOB) - 2022
  3. Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia
  4. Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (CIF) - 2022

The average import price for electric generators stood at $34,474 per unit in 2022, declining by -16.4% against the previous year. In general, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2013 an increase of 56%. The import price peaked at $106,911 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 India ($180,097 per unit), while the price for Italy ($499 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (FOB) - 2022

In 2022, the average export price for electric generators amounted to $81,285 per unit, picking up by 82% against the previous year. In general, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +21.8% per year.

Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia

In 2022, after three years of growth, there was significant decline in purchases abroad of electric generators, when their volume decreased by -98% to 16 units. Over the period under review, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, imports of hit record highs at 790 units in 2021, and then shrank sharply in the following year.

In value terms, imports of electric generators declined sharply to $552K in 2022. Overall, imports faced a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 65%. As a result, imports reached the peak of $33M, and then dropped markedly in the following year.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.10.10.20.0%
China0.29.517.60.20.0%
United States2.60.10.10.1-66.2%
United KingdomN/AN/AN/A0.10%
Spain2.33.21.8N/A-11.5%
Japan0.40.94.2N/A224.0%
France0.70.70.8N/A6.9%
Mexico0.1N/AN/AN/A0%
ItalyN/A0.2N/AN/A0%
Brazil9.62.24.8N/A-29.3%
Others2.72.82.9N/A3.6%
Total18.719.732.60.6-68.2%

Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Colombia in 2022:

  1. United Kingdom (8.0 units)
  2. United States (3.0 units)
  3. China (3.0 units)
  4. Italy (1.0 units)
  5. India (1.0 units)

Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia

Exports of electric generators from Colombia declined notably to 1 units in 2022, waning by -80% on 2021. Overall, exports faced a dramatic shrinkage. The smallest decline of -16.7% was in 2021. The exports peaked at 6 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of electric generators dropped remarkably to $81K in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. As a result, the exports attained the peak of $224K, and then shrank dramatically in the following year.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States92.912018281.3-4.3%
Spain0.10.20.5N/A123.6%
ArubaN/AN/AN/AN/A0%
Guatemala0.10.32.5N/A400.0%
Costa RicaN/A0.10.3N/A200.0%
Guyana0.2N/AN/AN/A0%
Panama2.97.038.2N/A262.9%
OthersN/AN/AN/AN/A0%
Total96.212722481.3-5.5%

Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Colombia in 2022:

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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