Colombia: Hydraulic Automatic Regulators Market 2025

Hydraulic Automatic Regulators Market Size in Colombia

In 2021, the Colombian hydraulic automatic regulators market decreased by -13.2% to $X for the first time since 2015, thus ending a five-year rising trend. Overall, consumption, however, recorded a buoyant expansion. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Hydraulic Automatic Regulators Production in Colombia

In value terms, hydraulic automatic regulators production declined notably to $X in 2021 estimated in export price. In general, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 46%. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.

Hydraulic Automatic Regulators Exports

Exports from Colombia

In 2021, hydraulic automatic regulators exports from Colombia skyrocketed to X units, growing by 504% compared with 2020. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydraulic automatic regulators exports surged to $X in 2021. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X units) was the main destination for hydraulic automatic regulators exports from Colombia, accounting for a 55% share of total exports. Moreover, hydraulic automatic regulators exports to Peru exceeded the volume sent to the second major destination, Chile (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Peru totaled +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+82.9% per year) and Germany (+14.3% per year).

In value terms, Peru ($X), the United States ($X) and Ecuador ($X) constituted the largest markets for hydraulic automatic regulators exported from Colombia worldwide, with a combined 79% share of total exports. Chile, Germany and Belgium lagged somewhat behind, together accounting for a further 7.9%.

Chile, with a CAGR of +73.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hydraulic automatic regulators export price stood at $X per unit in 2021, rising by 40% against the previous year. In general, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 950% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($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 Italy (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Colombia

In 2021, overseas purchases of hydraulic or pneumatic automatic regulating instruments increased by 121% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a noticeable expansion. The growth pace was the most rapid in 2017 with an increase of 137% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, hydraulic automatic regulators imports soared to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 44%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of hydraulic automatic regulators to Colombia, accounting for a 21% share of total imports. Moreover, hydraulic automatic regulators imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.1% per year) and the United States (+0.8% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest hydraulic automatic regulators suppliers to Colombia, together comprising 41% of total imports. Italy, France, Taiwan (Chinese), Austria and Panama lagged somewhat behind, together comprising a further 20%.

France, with a CAGR of +18.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydraulic automatic regulators import price stood at $X per unit in 2021, shrinking by -48% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 37% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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