Colombia: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in Colombia

After three years of decline, the Colombian gas and smoke analyser market increased by X% to $X in 2022. Overall, consumption recorded prominent growth. Gas and smoke analyser consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Gas and Smoke Analysers

Exports from Colombia

After two years of growth, shipments abroad of gas and smoke analysers decreased by X% to X units in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, gas and smoke analyser exports fell to $X in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nicaragua (X units), Ecuador (X units) and Curacao (X units) were the main destinations of gas and smoke analyser exports from Colombia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X) emerged as the key foreign market for gas and smoke analysers exports from Colombia, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ecuador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average gas and smoke analyser export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Curacao ($X 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 Trinidad and Tobago (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gas and Smoke Analysers

Imports into Colombia

In 2022, after three years of decline, there was significant growth in purchases abroad of gas and smoke analysers, when their volume increased by X% to X units. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, gas and smoke analyser imports surged to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of gas and smoke analyser to Colombia, with a X% share of total imports. Moreover, gas and smoke analyser imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, the United States ($X), Germany ($X) and China ($X) constituted the largest gas and smoke analyser suppliers to Colombia, together comprising X% of total imports. The UK, Japan, Canada, Brazil, South Korea and India lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average gas and smoke analyser import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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