Colombia: Diode Market 2025

Diode Market Size in Colombia

The Colombian diode market skyrocketed to $X in 2021, increasing by 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a prominent increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Diode Exports

Exports from Colombia

Diode exports from Colombia dropped to X units in 2021, declining by -13.5% compared with 2020. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 273% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, diode exports fell rapidly to $X in 2021. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2016 when exports increased by 736%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X units), Costa Rica (X units) and the United States (X units) were the main destinations of diode exports from Colombia, with a combined 77% share of total exports. These countries were followed by El Salvador, Mexico and Sweden, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for El Salvador (with a CAGR of +25.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for diodes, other than photosensitive or light emitting diodes exports from Colombia, comprising 27% of total exports. The second position in the ranking was taken by Sweden ($X), with an 8.2% share of total exports. It was followed by El Salvador, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (0.0% per year) and El Salvador (+25.1% per year).

Export Prices by Country

The average diode export price stood at $X per unit in 2021, falling by -8.4% against the previous year. In general, the export price, however, posted a modest increase. The growth pace was the most rapid in 2016 an increase of 124%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Costa Rica ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Diode Imports

Imports into Colombia

In 2021, the amount of diodes, other than photosensitive or light emitting diodes imported into Colombia skyrocketed to X units, rising by 48% on the previous year. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by 557% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, diode imports soared to $X in 2021. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 313% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

Singapore (X units), China (X units) and the United States (X units) were the main suppliers of diode imports to Colombia, together accounting for 90% of total imports. These countries were followed by Brazil and Germany, which together accounted for a further 4.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +42.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of diodes, other than photosensitive or light emitting diodes to Colombia, comprising 47% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Germany, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.1% per year) and Germany (+6.7% per year).

Import Prices by Country

In 2021, the average diode import price amounted to $X per unit, reducing by -3.1% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2019 an increase of 162%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+219.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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