Report Update Feb 1, 2025

Colombia - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Boiler Parts Market 2025

Boiler Parts Market Size in Colombia

In 2021, after three years of decline, there was significant growth in the Colombian boiler parts market, when its value increased by 770% to $X. Overall, consumption saw a prominent expansion. Boiler parts consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Boiler Parts Exports

Exports from Colombia

Boiler parts exports from Colombia rose rapidly to X tons in 2021, with an increase of 11% on 2020 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 207%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, boiler parts exports reduced markedly to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 256% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X kg) was the main destination for boiler parts exports from Colombia, with a 61% share of total exports. Moreover, boiler parts exports to Costa Rica exceeded the volume sent to the second major destination, the United States (X kg), threefold. The third position in this ranking was held by Canada (X kg), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.3% per year) and Canada (0.0% per year).

In value terms, Costa Rica ($X) remains the key foreign market for parts of boilers for central heating exports from Colombia, comprising 87% of total exports. The second position in the ranking was held by the United States ($X), with an 8.9% share of total exports. It was followed by Canada, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Costa Rica was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.8% per year) and Canada (0.0% per year).

Export Prices by Country

In 2021, the average boiler parts export price amounted to $X per ton, waning by -36.1% against the previous year. Over the period under review, the export price recorded a mild slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 116%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+57.2%), while the prices for the other major destinations experienced mixed trend patterns.

Boiler Parts Imports

Imports into Colombia

In 2021, purchases abroad of parts of boilers for central heating was finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded a remarkable increase. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, boiler parts imports surged to $X in 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2013 when imports increased by 651%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X tons) was the main supplier of boiler parts to Colombia, accounting for a 90% share of total imports. Moreover, boiler parts imports from Malaysia exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Malaysia stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.3% per year) and Belgium (+21.4% per year).

In value terms, Malaysia ($X), the United States ($X) and Belgium ($X) appeared to be the largest boiler parts suppliers to Colombia, together comprising 34% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +23.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average boiler parts import price stood at $X per ton in 2021, with a decrease of -12.6% against the previous year. In general, the import price, however, saw a notable expansion. The growth pace was the most rapid in 2013 an increase of 63%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 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, the country with the highest price was Belgium ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parts of boilers for central heating in the world?

The countries with the highest volumes of boiler parts consumption in 2020 were the United States, China and India, with a combined 49% share of global consumption. Brazil, Japan, Indonesia, the UK, Germany, Nigeria, Mexico, France, the Netherlands and Iran lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of parts of boilers for central heating in the world?

The countries with the highest volumes of boiler parts production in 2020 were the United States, China and India, with a combined 51% share of global production. Brazil, Japan, Indonesia, Nigeria, Mexico, France, Italy, Iran, Germany and Slovakia lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of parts of boilers for central heating to Colombia?

In value terms, the United States, Italy and the Czech Republic appeared to be the largest boiler parts suppliers to Colombia, with a combined 80% share of total imports. These countries were followed by China, India, Germany and South Korea, which together accounted for a further 19%.

What are the leading importers of parts of boilers for central heating from Colombia?

In value terms, Costa Rica remains the key foreign market for boiler parts exports from Colombia.

What is the average export price for parts of boilers for central heating in Colombia?

The average boiler parts export price stood at $96,349 per ton in 2020, increasing by 1,218% against the previous year.

What is the average import price for parts of boilers for central heating in Colombia?

The average boiler parts import price stood at $65,790 per ton in 2020, rising by 203% against the previous year.

This report provides an in-depth analysis of the boiler parts 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 25211300 - Parts of boilers for central heating

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