Report Update Feb 1, 2025

Colombia - Electro-Magnetic Couplings, Clutches and Brakes - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Electro-Magnetic Coupling Market 2025

Electro-Magnetic Coupling Market Size in Colombia

For the fifth consecutive year, the Colombian electro-magnetic coupling market recorded growth in sales value, which increased by 5.1% to $X in 2022. Overall, consumption, however, recorded a slight decline. Electro-magnetic coupling consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Electro-Magnetic Coupling Exports

Exports from Colombia

After two years of growth, shipments abroad of electro-magnetic couplings, clutches and brakes decreased by -60.1% to X tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 522% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, electro-magnetic coupling exports shrank remarkably to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 731%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Guatemala (X tons) and Panama (X tons) were the main destinations of electro-magnetic coupling exports from Colombia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +105.6%).

In value terms, Guatemala ($X) emerged as the key foreign market for electro-magnetic couplings, clutches and brakes exports from Colombia, comprising 73% of total exports. The second position in the ranking was held by Panama ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala amounted to +107.6%.

Export Prices by Country

In 2022, the average electro-magnetic coupling export price amounted to $X per ton, growing by 107% against the previous year. Over the period under review, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Panama amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports into Colombia

In 2022, after four years of growth, there was significant decline in overseas purchases of electro-magnetic couplings, clutches and brakes, when their volume decreased by -8.7% to X tons. In general, imports showed a mild descent. The pace of growth appeared the most rapid in 2016 when imports increased by 54% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, electro-magnetic coupling imports shrank modestly to $X in 2022. Over the period under review, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2016 with an increase of 85% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of electro-magnetic coupling imports to Colombia, together accounting for 71% of total imports. France, Brazil and Spain lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +26.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest electro-magnetic coupling suppliers to Colombia were the United States ($X), Germany ($X) and China ($X), with a combined 50% share of total imports. France, Brazil and Spain lagged somewhat behind, together accounting for a further 16%.

France, with a CAGR of +37.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electro-magnetic coupling import price stood at $X per ton in 2022, with an increase of 5.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+59.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electro-magnetic couplings, clutches and brakes in the world?

China remains the largest electro-magnetic coupling consuming country worldwide, comprising approx. 28% of total volume. Moreover, electro-magnetic coupling consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of electro-magnetic couplings, clutches and brakes in the world?

China remains the largest electro-magnetic coupling producing country worldwide, accounting for 30% of total volume. Moreover, electro-magnetic coupling production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.8% share.

What are the leading suppliers of electro-magnetic couplings, clutches and brakes to Colombia?

In value terms, the United States constituted the largest supplier of electro-magnetic coupling to Colombia, comprising 67% of total imports. The second position in the ranking was occupied by Japan, with an 11% share of total imports. It was followed by China, with a 4.7% share.

What are the leading importers of electro-magnetic couplings, clutches and brakes from Colombia?

In value terms, the United States remains the key foreign market for electro-magnetic coupling exports from Colombia, comprising 67% of total exports. The second position in the ranking was occupied by the Dominican Republic, with a 33% share of total exports.

What is the average export price for electro-magnetic couplings, clutches and brakes in Colombia?

In 2021, the average electro-magnetic coupling export price amounted to $22,753 per ton, picking up by 14% against the previous year.

What is the average import price for electro-magnetic couplings, clutches and brakes in Colombia?

In 2021, the average electro-magnetic coupling import price amounted to $40,590 per ton, falling by -2.4% against the previous year.

This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024