Colombia: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports from Colombia

After two years of growth, overseas shipments of central heating boilers, for producing hot water or low pressure steam decreased by -28.4% to X units in 2022. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 938%. The exports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam declined to $X in 2022. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2015 with an increase of 1,163%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Colombia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru amounted to +10.3%.

In value terms, Peru ($X) also remains the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru stood at +8.7%.

Export Prices by Country

In 2022, the average export price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, surging by 40% against the previous year. Overall, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 269% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -1.5% per year.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports into Colombia

Imports of central heating boilers, for producing hot water or low pressure steam into Colombia skyrocketed to X units in 2022, jumping by 66% on 2021 figures. Over the period under review, imports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2019 with an increase of 128%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 139% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest central heating boilers, for producing hot water or low pressure steam supplier to Colombia, with a 46% share of total imports. Moreover, imports of central heating boilers, for producing hot water or low pressure steam from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Bolivia (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +57.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.7% per year) and Bolivia (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Colombia, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Mexico, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.7% per year) and Mexico (+16.2% per year).

Import Prices by Country

In 2022, the average import price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, with a decrease of -9.6% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 34%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Italy ($X per unit), while the price for Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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