Colombia: Telephone Market 2025

Telephone Market Size in Colombia

The Colombian telephone market stood at $X in 2022, growing by 6.4% against the previous year. In general, consumption, however, continues to indicate a mild setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Telephone Production in Colombia

In value terms, telephone production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Telephone Exports

Exports from Colombia

Telephone exports from Colombia declined remarkably to X units in 2022, shrinking by -33% against 2021 figures. In general, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 195%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted rapidly in the following year.

In value terms, telephone exports declined rapidly to $X in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 183% against the previous year. The exports peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

Guatemala (X units) was the main destination for telephone exports from Colombia, accounting for a 76% share of total exports. Moreover, telephone exports to Guatemala exceeded the volume sent to the second major destination, Chile (X units), sevenfold. El Salvador (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Guatemala totaled +119.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+56.7% per year) and El Salvador (+75.9% per year).

In value terms, Guatemala ($X) emerged as the key foreign market for telephones and videophones exports from Colombia, comprising 75% of total exports. The second position in the ranking was taken by Chile ($X), with an 8.4% share of total exports. It was followed by El Salvador, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala amounted to +200.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+46.7% per year) and El Salvador (+115.7% per year).

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, with an increase of 15% against the previous year. In general, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2020 an increase of 53%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Ecuador ($X per unit), while the average price for exports to Chile ($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 Guatemala (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Colombia

For the third year in a row, Colombia recorded decline in purchases abroad of telephones and videophones, which decreased by -24.3% to X units in 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 40%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, telephone imports amounted to $X in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2019 with an increase of 70% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Panama (X units), the United States (X units) and China (X units) were the main suppliers of telephone imports to Colombia, with a combined 72% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +10.6%), while imports for the other leaders experienced a decline.

In value terms, the largest telephone suppliers to Colombia were the United States ($X), Panama ($X) and Malaysia ($X), with a combined 88% share of total imports.

Malaysia, with a CAGR of -0.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average telephone import price stood at $X per unit in 2022, with an increase of 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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