Colombia - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelt and Bandolier Price in Colombia - 2022
Contents:
- Belt and Bandolier Price in Colombia (CIF) - 2022
- Belt and Bandolier Price in Colombia (FOB) - 2022
- Belt and Bandolier Imports in Colombia
- Belt and Bandolier Exports in Colombia
Belt and Bandolier Price in Colombia (CIF) - 2022
The average belt and bandolier import price stood at $7.4 per unit in 2022, reducing by -17.3% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, belt and bandolier import price increased by +70.9% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 49% against the previous year. The import price peaked at $9 per unit in 2021, and then declined remarkably in the following year.
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 Spain ($72 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Belt and Bandolier Price in Colombia (FOB) - 2022
In February 2022, the average belt and bandolier export price amounted to $6.5 per unit, with a decrease of -15.1% against the previous month. Overall, the export price showed a pronounced descent. The pace of growth was the most pronounced in April 2021 an increase of 46% against the previous month. The export price peaked at $12.5 per unit in June 2021; however, from July 2021 to February 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In February 2022, the country with the highest price was Ecuador ($14.4 per unit), while the average price for exports to Peru ($4.1 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Belt and Bandolier Imports in Colombia
In 2022, belt and bandolier imports into Colombia skyrocketed to 297K units, increasing by 70% against the previous year. Over the period under review, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, belt and bandolier imports soared to $2.2M in 2022. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Belt and Bandolier in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 622 | 317 | 599 | 764 | 7.1% |
Italy | 572 | 354 | 589 | 702 | 7.1% |
China | 263 | 132 | 199 | 344 | 9.4% |
India | 36.9 | 17.4 | 91.7 | 116 | 46.5% |
Mexico | 17.7 | 2.5 | 0.7 | 79.5 | 65.0% |
Pakistan | 1.8 | 0.5 | 0.4 | 28.1 | 149.9% |
Others | 108 | 56.1 | 94.9 | 177 | 17.9% |
Total | 1,621 | 880 | 1,575 | 2,212 | 10.9% |
Top Suppliers of Belt and Bandolier to Colombia in 2022:
- China (235.3K units)
- Italy (12.8K units)
- Spain (10.7K units)
- India (10.1K units)
- Pakistan (9.5K units)
- Mexico (6.2K units)
Belt and Bandolier Exports in Colombia
In 2022, approx. 192K units of belts and bandoliers were exported from Colombia; rising by 39% compared with 2021 figures. Overall, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 131%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, belt and bandolier exports surged to $1.7M in 2022. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 131% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Belt and Bandolier in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 153 | 149 | 240 | 292 | 24.0% |
Guatemala | 281 | 92.9 | 204 | 290 | 1.1% |
Panama | 206 | 55.7 | 177 | 247 | 6.2% |
Peru | 78.6 | 46.6 | 172 | 162 | 27.3% |
Ecuador | 138 | 37.5 | 134 | 162 | 5.5% |
Mexico | 37.0 | 2.7 | 0.1 | 110 | 43.8% |
Chile | 43.4 | 12.2 | 73.1 | 104 | 33.8% |
Costa Rica | 77.1 | 34.3 | 98.5 | 81.7 | 2.0% |
Others | 295 | 166 | 282 | 298 | 0.3% |
Total | 1,309 | 597 | 1,380 | 1,746 | 10.1% |
Top Export Markets for Belt and Bandolier from Colombia in 2022:
- Panama (33.5K units)
- United States (30.6K units)
- Guatemala (30.3K units)
- Peru (23.2K units)
- Ecuador (16.3K units)
- Chile (13.8K units)
- Costa Rica (11.5K units)
- Mexico (10.4K units)
This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather
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
-
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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