Colombia - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Colombia - 2022
Contents:
- Test Bench Price in Colombia (CIF) - 2022
- Test Bench Price in Colombia (FOB) - 2022
- Test Bench Imports in Colombia
- Test Bench Exports in Colombia
Test Bench Price in Colombia (CIF) - 2022
The average test bench import price stood at $2,793 per unit in 2022, stabilizing at the previous year. In general, the import price showed a slight downturn. The pace of growth appeared the most rapid in 2013 an increase of 74%. As a result, import price attained the peak level of $5,473 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($5,206 per unit), while the price for Italy ($879 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Colombia (FOB) - 2022
The average test bench export price stood at $1,845 per unit in 2022, which is down by -57.7% against the previous year. Overall, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 50%. Over the period under review, the average export prices attained the peak figure at $4,360 per unit in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($11,580 per unit), while the average price for exports to Panama ($385 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 Bolivia (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Imports in Colombia
In 2022, approx. 1.1K units of test benches were imported into Colombia; dropping by -2.2% on the previous year. Overall, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum at 1.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, test bench imports fell slightly to $3.2M in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year. Over the period under review, imports hit record highs at $3.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Test Bench in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 385 | 240 | 741 | 901 | 32.8% |
South Korea | 373 | 180 | 295 | 350 | -2.1% |
Russia | 11.1 | 516 | 1.8 | 338 | 212.3% |
United States | 827 | 1,331 | 256 | 123 | -47.0% |
Honduras | 309 | 117 | 151 | 111 | -28.9% |
Chile | 1.2 | 0.4 | 97.6 | 95.3 | 329.8% |
Japan | 15.7 | 32.9 | 54.4 | 64.5 | 60.2% |
Taiwan (Chinese) | 4.8 | 5.4 | 49.7 | 58.9 | 130.7% |
Czech Republic | 32.0 | 13.3 | 42.1 | 49.9 | 16.0% |
France | 52.4 | 20.5 | 57.1 | 38.7 | -9.6% |
Italy | 411 | 192 | 314 | 35.0 | -56.0% |
Spain | 208 | 18.9 | 556 | 19.9 | -54.3% |
Turkey | 131 | 43.8 | 40.7 | 17.6 | -48.8% |
Others | 1,023 | 342 | 627 | 967 | -1.9% |
Total | 3,785 | 3,054 | 3,284 | 3,169 | -5.7% |
Top Suppliers of Test Bench to Colombia in 2022:
- China (589.0 units)
- Russia (70.0 units)
- South Korea (67.0 units)
- Taiwan (Chinese) (49.0 units)
- Italy (40.0 units)
- Czech Republic (40.0 units)
- France (39.0 units)
- Japan (34.0 units)
- Chile (31.0 units)
- United States (28.0 units)
- Honduras (15.0 units)
- Turkey (5.0 units)
- Spain (4.0 units)
Test Bench Exports in Colombia
In 2022, the amount of test benches exported from Colombia skyrocketed to 136 units, jumping by 871% against 2021. In general, exports, however, continue to indicate a pronounced decline. Over the period under review, the exports hit record highs at 148 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, test bench exports skyrocketed to $251K in 2022. Over the period under review, exports, however, faced a deep contraction. The exports peaked at $439K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Test Bench in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 124 | 211 | 2.6 | 45.4 | -28.5% |
Bolivia | 33.1 | 31.7 | 12.2 | 36.3 | 3.1% |
Mexico | 31.3 | 30.0 | 11.6 | 34.3 | 3.1% |
Guatemala | 12.8 | 16.9 | 10.8 | 26.7 | 27.8% |
Panama | 11.0 | 13.9 | 0.1 | 25.2 | 31.8% |
Ecuador | 33.6 | 51.9 | 2.4 | 22.8 | -12.1% |
Venezuela | 16.8 | 15.5 | 5.7 | 16.3 | -1.0% |
Indonesia | 98.0 | N/A | N/A | N/A | 0% |
Others | 61.5 | 68.2 | 16.6 | 43.5 | -10.9% |
Total | 422 | 439 | 62.0 | 251 | -15.9% |
Top Export Markets for Test Bench from Colombia in 2022:
- Panama (65.0 units)
- Ecuador (25.0 units)
- United States (19.0 units)
- Mexico (10.0 units)
- Guatemala (7.0 units)
- Venezuela (4.0 units)
- Bolivia (3.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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.
-
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
-
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
-
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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