Colombia: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Colombia

The Colombian liquid supply meter market soared to $X in 2021, picking up by 37% 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). In general, consumption, however, continues to indicate a mild reduction. Liquid supply meter consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Liquid Supply Meter Exports

Exports from Colombia

In 2021, after two years of growth, there was significant decline in overseas shipments of liquid supply or production meters, when their volume decreased by -59% to X units. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 815% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid supply meter exports dropped dramatically to $X in 2021. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 547% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Honduras (X units), the Dominican Republic (X units) and Brazil (X units) were the main destinations of liquid supply meter exports from Colombia, with a combined 69% share of total exports. Portugal, Spain, Peru, Ecuador and Bolivia lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X), Portugal ($X) and Brazil ($X) constituted the largest markets for liquid supply meter exported from Colombia worldwide, with a combined 71% share of total exports.

Honduras, with a CAGR of +19.3%, saw the highest growth rate of 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 liquid supply meter export price stood at $X per unit in 2021, reducing by -35.5% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Spain ($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 Brazil (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Liquid Supply Meter Imports

Imports into Colombia

In 2021, liquid supply meter imports into Colombia soared to X units, increasing by 24% against the previous year's figure. Over the period under review, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 26% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, liquid supply meter imports surged to $X in 2021. Overall, imports, however, showed a noticeable setback. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Poland (X units) were the main suppliers of liquid supply meter imports to Colombia, with a combined 74% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +75.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of liquid supply or production meters to Colombia, comprising 38% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Poland, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.4% per year) and Poland (+72.1% per year).

Import Prices by Country

The average liquid supply meter import price stood at $X per unit in 2021, growing by 12% against the previous year. In general, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 23%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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