Report Update Nov 1, 2024

Colombia - Numerically Controlled Drilling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Colombia: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Colombia

The Colombian numerically controlled drilling machine market surged to $X in 2021, growing by 110% 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, saw a slight curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Colombia

In 2016, numerically controlled drilling machine exports from Colombia totaled X kg, approximately reflecting 2015. Overall, exports continue to indicate a abrupt shrinkage. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports totaled $X in 2016. In general, exports showed a abrupt decrease. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

Mexico (X kg) was the main destination for numerically controlled drilling machine exports from Colombia, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Mexico was relatively modest.

From 2012 to 2016, the average annual growth rate of value to Mexico was relatively modest.

Export Prices by Country

The average numerically controlled drilling machine export price stood at $X per ton in 2016, approximately mirroring the previous year. Over the period under review, the export price saw slight growth. The most prominent rate of growth was recorded in 2013 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2016 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2016, the rate of growth in terms of prices for Mexico amounted to 0.0% per year.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Colombia

In 2021, approx. X tons of numerically controlled drilling machines for working metal were imported into Colombia; increasing by 187% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 298% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports rose remarkably to $X in 2021. Overall, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when imports increased by 338% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of numerically controlled drilling machine imports to Colombia, with a combined 75% share of total imports. These countries were followed by Taiwan (Chinese), Germany and Spain, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +26.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of numerically controlled drilling machines for working metal to Colombia, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by China, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.9% per year) and China (+13.6% per year).

Import Prices by Country

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, shrinking by -62.2% against the previous year. In general, the import price recorded a mild slump. The pace of growth was the most pronounced in 2020 an increase of 149%. As a result, import price reached the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), 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 numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the United States and Taiwan Chinese), together accounting for 33% of global consumption.

What are the largest producers of numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the Netherlands and the United States, together comprising 32% of global production.

What are the leading suppliers of numerically controlled drilling machines for working metal to Colombia?

In value terms, the United States $178) constituted the largest supplier of numerically controlled drilling machine to Colombia.

What is the average export price for numerically controlled drilling machines for working metal in Colombia?

In 2016, the average numerically controlled drilling machine export price amounted to $18,708 per ton, leveling off at the previous year.

What is the average import price for numerically controlled drilling machines for working metal in Colombia?

The average numerically controlled drilling machine import price stood at $9,339 per ton in 2021, falling by -58.3% against the previous year.

This report provides an in-depth analysis of the market for numerically controlled drilling machine 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023