Colombia: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Colombia

For the fourth year in a row, the Colombian market for ultraviolet or infrared lamps and arc lamps recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a prominent increase. Ultraviolet, infrared, or arc lamp consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Colombia

In 2022, the amount of ultraviolet or infrared lamps and arc lamps exported from Colombia soared to X units, picking up by X% against the previous year's figure. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, ultraviolet, infrared, or arc lamp exports contracted dramatically to $X in 2022. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Brazil (X units), Guatemala (X units) and Ecuador (X units) were the main destinations of ultraviolet, infrared, or arc lamp 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 Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ultraviolet, infrared, or arc lamp exported from Colombia were Ecuador ($X), Brazil ($X) and Guatemala ($X), with a combined X% share of total exports.

Among the main countries of destination, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average 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 Ecuador ($X per unit), while the average price for exports to Guatemala ($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 Peru (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Colombia

In 2022, supplies from abroad of ultraviolet or infrared lamps and arc lamps increased by X% to X units, rising for the third year in a row after two years of decline. In general, imports recorded a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, ultraviolet, infrared, or arc lamp imports amounted to $X in 2022. Overall, total imports indicated a prominent increase 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 increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Mexico (X units) and the United States (X units) were the main suppliers of ultraviolet, infrared, or arc lamp imports to Colombia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ultraviolet, infrared, or arc lamp suppliers to Colombia were Germany ($X), the United States ($X) and China ($X), with a combined X% share of total imports. France, Mexico, South Korea and the Netherlands lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 import price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained 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 China ($X per unit), while the price for Mexico ($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 mixed trend patterns.

Source: IndexBox Platform

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