Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia - 2022

Contents:

1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia (CIF) - 2022
2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia (FOB) - 2022
3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia
4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia (CIF) - 2022

In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $11 per unit, dropping by -6.3% against the previous year. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27% against the previous year. The import price peaked at $22 per unit 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 Hungary ($36 per unit), while the price for the Netherlands ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia (FOB) - 2022

In 2022, the average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $67 per unit, with a decrease of -18.6% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 341% against the previous year. Over the period under review, the average export prices attained the maximum at $367 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($90 per unit), while the average price for exports to Guatemala ($42 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 (+98.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia

For the fourth year in a row, Colombia recorded growth in supplies from abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, which increased by 8.2% to 210K units in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 185% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $2.3M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.4% 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 +92.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Colombia in 2022:

1. Germany (64.4K units)
2. Mexico (54.7K units)
3. United States (29.5K units)
4. China (18.7K units)
5. South Korea (14.8K units)
6. France (7.4K units)
7. Netherlands (3.8K units)
8. Poland (3.7K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Colombia

In 2022, approx. 315 units of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s were exported from Colombia; with an increase of 68% compared with the previous year. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 348%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s surged to $21K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 48%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Colombia in 2022:

1. Ecuador (158.0 units)
2. Guatemala (90.0 units)
3. Honduras (60.0 units)
4. Panama (7.0 units)

Source: IndexBox Market Intelligence Platform