Report Update Nov 1, 2024

Colombia - Turbo-Jets of A Thrust Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Colombia

The Colombian turbo-jet (over X kn) market contracted significantly to $X in 2021, falling by -38.1% 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 showed a deep setback. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Colombia

In 2021, exports of turbo-jets of a thrust exceeding X kn from Colombia reduced dramatically to X units, with a decrease of -33.3% on 2020 figures. Over the period under review, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 300%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, turbo-jet (over X kn) exports fell remarkably to $X in 2021. In general, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of 362%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Israel (X units) was the main destination for turbo-jet (over X kn) exports from Colombia, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Israel amounted to -50.0%.

In value terms, the United States ($X) remains the key foreign market for turbo-jets of a thrust exceeding X kn exports from Colombia, comprising 58% of total exports. The second position in the ranking was taken by Spain ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +46.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+44.2% per year) and Israel (-85.0% per year).

Export Prices by Country

In 2021, the average turbo-jet (over X kn) export price amounted to $X per unit, reducing by -46.7% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 102% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 Hong Kong SAR (+94.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Colombia

In 2021, supplies from abroad of turbo-jets of a thrust exceeding X kn decreased by -40% to X units for the first time since 2017, thus ending a three-year rising trend. In general, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2016 with an increase of 2,000%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, turbo-jet (over X kn) imports shrank rapidly to $X in 2021. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 2,360%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Israel (X units) and the UK (X units) were the main suppliers of turbo-jet (over X kn) imports to Colombia, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +9.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Brazil ($X) constituted the largest turbo-jet (over X kn) suppliers to Colombia, with a combined 77% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average turbo-jet (over X kn) import price stood at $X per unit in 2021, increasing by 21% against the previous year. In general, the import price, however, showed a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 97%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for turbo-jets of a thrust exceeding 25 kn in the world?

Brunei Darussalam remains the largest turbo-jet consuming country worldwide, comprising approx. 40% of total volume. Moreover, turbo-jet consumption in Brunei Darussalam exceeded the figures recorded by the second-largest consumer, Paraguay, fourfold. South Africa ranked third in terms of total consumption with a 9.6% share.

What are the largest producers of turbo-jets of a thrust exceeding 25 kn in the world?

Hong Kong SAR remains the largest turbo-jet producing country worldwide, accounting for 53% of total volume. Moreover, turbo-jet production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, Ireland, fourfold. The third position in this ranking was occupied by Germany, with a 10% share.

What are the leading suppliers of turbo-jets of a thrust exceeding 25 kn to Colombia?

In value terms, the largest turbo-jet suppliers to Colombia were the UK, the Netherlands and Brazil, with a combined 75% share of total imports. These countries were followed by Singapore, France and the United States, which together accounted for a further 22%.

What are the leading importers of turbo-jets of a thrust exceeding 25 kn from Colombia?

In value terms, Spain remains the key foreign market for turbo-jet exports from Colombia.

What is the average export price for turbo-jets of a thrust exceeding 25 kn in Colombia?

The average turbo-jet export price stood at $42,256 per unit in 2021, with a decrease of -54% against the previous year.

What is the average import price for turbo-jets of a thrust exceeding 25 kn in Colombia?

The average turbo-jet import price stood at $209,668 per unit in 2021, shrinking by -25.7% against the previous year.

This report provides an in-depth analysis of the market for turbo-jet (over 25 kn) 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 30301200 - Turbo-jets and turbo-propellers, for civil use

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