Colombia - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCutting Blade Price in Colombia - 2022
Contents:
- Cutting Blade Price in Colombia (CIF) - 2022
- Cutting Blade Price in Colombia (FOB) - 2022
- Cutting Blade Imports in Colombia
- Cutting Blade Exports in Colombia
Cutting Blade Price in Colombia (CIF) - 2022
In 2022, the average cutting blade import price amounted to $13,016 per ton, which is down by -10.9% against the previous year. Over the period under review, the import price saw a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 30%. Over the period under review, average import prices reached the maximum at $25,556 per ton in 2019; however, from 2020 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 Switzerland ($77,077 per ton), while the price for China ($5,226 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cutting Blade Price in Colombia (FOB) - 2022
The average cutting blade export price stood at $4,799 per ton in February 2022, growing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in August 2021 an increase of 16% month-to-month. Over the period under review, the average export prices attained the peak figure at $5,039 per ton in October 2021; however, from November 2021 to February 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In February 2022, the country with the highest price was Peru ($6,778 per ton), while the average price for exports to Brazil ($3,388 per ton) 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 Cuba (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cutting Blade Imports in Colombia
In 2022, overseas purchases of knives and cutting blades (for machines or for mechanical appliances) decreased by -8.4% to 897 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports reached the peak of 980 tons, and then shrank in the following year.
In value terms, cutting blade imports fell sharply to $12M in 2022. In general, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $14M, and then shrank sharply in the following year.
Import of Cutting Blade in Colombia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,769 | 1,450 | 2,979 | 2,347 | 9.9% |
United States | 2,027 | 1,507 | 2,308 | 1,819 | -3.5% |
Germany | 1,499 | 1,424 | 2,009 | 1,582 | 1.8% |
Switzerland | 956 | 961 | 1,587 | 1,251 | 9.4% |
Italy | 899 | 628 | 1,020 | 804 | -3.7% |
Australia | 788 | 557 | 148 | 482 | -15.1% |
Argentina | 107 | 432 | 579 | 456 | 62.1% |
Brazil | 325 | 321 | 532 | 419 | 8.8% |
Mexico | 471 | 213 | 367 | 319 | -12.2% |
Austria | 302 | 172 | 320 | 252 | -5.9% |
Spain | 255 | 212 | 285 | 228 | -3.7% |
South Korea | 113 | 118 | 203 | 160 | 12.3% |
Others | 1,337 | 1,057 | 1,973 | 1,561 | 5.3% |
Total | 10,848 | 9,051 | 14,312 | 11,681 | 2.5% |
Top Suppliers of Cutting Blade to Colombia in 2022:
- China (449.1 tons)
- Australia (91.8 tons)
- Argentina (84.1 tons)
- Germany (47.4 tons)
- United States (37.6 tons)
- Italy (32.1 tons)
- Brazil (23.3 tons)
- Mexico (21.2 tons)
- Spain (17.3 tons)
- Switzerland (16.2 tons)
- Austria (16.1 tons)
- South Korea (15.2 tons)
Cutting Blade Exports in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of knives and cutting blades (for machines or for mechanical appliances), when their volume decreased by -13.4% to 224 tons. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of 259 tons, and then dropped in the following year.
In value terms, cutting blade exports shrank to $4.2M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports attained the peak of $4.7M, and then fell in the following year.
Export of Cutting Blade in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 482 | 597 | 1,246 | 1,055 | 29.8% |
Peru | 665 | 733 | 844 | 715 | 2.4% |
Ecuador | 576 | 743 | 751 | 636 | 3.4% |
Brazil | 284 | 395 | 379 | 321 | 4.2% |
United States | 351 | 206 | 298 | 253 | -10.3% |
Cuba | 0.1 | 146 | 265 | 224 | 1208.4% |
Costa Rica | 341 | 146 | 165 | 181 | -19.0% |
Dominican Republic | 162 | 82.7 | 179 | 151 | -2.3% |
Panama | 498 | 1.4 | 2.0 | 139 | -34.6% |
Paraguay | 64.4 | 59.0 | 129 | 110 | 19.5% |
Venezuela | 25.2 | 49.5 | 114 | 96.2 | 56.3% |
Bolivia | 143 | 86.0 | 81.9 | 86.4 | -15.5% |
Mexico | 125 | 74.3 | 64.5 | 73.3 | -16.3% |
Others | 117 | 311 | 230 | 147 | 7.9% |
Total | 3,834 | 3,629 | 4,747 | 4,188 | 3.0% |
Top Export Markets for Cutting Blade from Colombia in 2022:
- Guatemala (57.6 tons)
- Peru (32.8 tons)
- Ecuador (32.2 tons)
- Brazil (23.5 tons)
- Cuba (15.8 tons)
- United States (13.5 tons)
- Costa Rica (8.5 tons)
- Dominican Republic (8.3 tons)
- Bolivia (6.4 tons)
- Panama (4.5 tons)
- Paraguay (4.5 tons)
- Venezuela (4.5 tons)
- Mexico (4.1 tons)
This report provides an in-depth analysis of the cutting blade 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 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
- Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
- Prodcom 25736053 -
- Prodcom 25736055 -
- Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
- Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances
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
This report provides an in-depth analysis of the cutting blade market in Colombia.
This report provides an in-depth analysis of the global cutting blade market.
This report provides an in-depth analysis of the cutting blade market in Colombia.
This report provides an in-depth analysis of the global cutting blade market.
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...