Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia - 2022

Contents:

1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia (CIF) - 2022
2. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia (FOB) - 2022
3. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia
4. Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia (CIF) - 2022

The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $2.8 per unit in 2022, growing by 45% against the previous year. Overall, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 177%. As a result, import price attained the peak level of $6.1 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($16 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia (FOB) - 2022

The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $3.7 per unit in 2022, reducing by -53.8% against the previous year. In general, the export price showed a deep setback. The growth pace was the most rapid in 2021 when the average export price increased by 79% against the previous year. The export price peaked at $13 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($3.8 per unit), while the average price for exports to Guatemala ($2.3 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 Honduras (+88.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia

In 2022, overseas purchases of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -59.5% to 88K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year. As a result, imports reached the peak of 244K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses declined markedly to $245K in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked at $416K in 2021, and then dropped sharply in the following year.

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Colombia in 2022:

1. China (76.2K units)
2. Hong Kong SAR (5.1K units)
3. Canada (2.6K units)
4. United States (1.9K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Colombia

For the fourth year in a row, Colombia recorded growth in overseas shipments of cameras, photographic (excluding cinematographic); parts and accessorieses, which increased by 34% to 407 units in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 321%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses declined dramatically to $1.5K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 655%. As a result, the exports reached the peak of $2.5K, and then shrank markedly in the following year.

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Colombia in 2022:

1. El Salvador (215.0 units)
2. Germany (184.0 units)
3. Guatemala (7.0 units)
4. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform