Colombia: Network Communications Equipment Market 2025

Network Communications Equipment Market Size in Colombia

In 2022, the Colombian network communications equipment market increased by 2.7% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Network Communications Equipment Exports

Exports from Colombia

In 2022, exports of network communications equipment from Colombia declined to X units, shrinking by -13% on 2021 figures. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 215%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, network communications equipment exports contracted to $X in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 106% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for network communications equipment exports from Colombia, with a 48% share of total exports. Moreover, network communications equipment exports to the United States exceeded the volume sent to the second major destination, Peru (X units), twofold. The third position in this ranking was held by Ecuador (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+64.1% per year) and Ecuador (+32.9% per year).

In value terms, the United States ($X) remains the key foreign market for network communications equipment exports from Colombia, comprising 52% of total exports. The second position in the ranking was taken by Panama ($X), with a 15% share of total exports. It was followed by Brazil, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-1.7% per year) and Brazil (+93.6% per year).

Export Prices by Country

In 2022, the average network communications equipment export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports

Imports into Colombia

For the third year in a row, Colombia recorded growth in overseas purchases of network communications equipment, which increased by 1% to X units in 2022. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 50% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, network communications equipment imports expanded notably to $X in 2022. Overall, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest network communications equipment supplier to Colombia, accounting for a 71% share of total imports. Moreover, network communications equipment imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), eightfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+39.7% per year) and Taiwan (Chinese) (+10.0% per year).

In value terms, the largest network communications equipment suppliers to Colombia were the United States ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 59% share of total imports. Vietnam, Germany, India and South Korea lagged somewhat behind, together comprising a further 8.6%.

India, with a CAGR of +29.1%, 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 more modest paces of growth.

Import Prices by Country

The average network communications equipment import price stood at $X per unit in 2022, growing by 4% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 36% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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