Colombia: Video Monitor Market 2025

Video Monitor Market Size in Colombia

The Colombian video monitor market skyrocketed to $X in 2021, picking up by 20% 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). Overall, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Video Monitor Exports

Exports from Colombia

In 2021, the amount of video monitors exported from Colombia expanded notably to X units, surging by 14% on 2020. Overall, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2014 with an increase of 345% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, video monitor exports dropped significantly to $X in 2021. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2014 when exports increased by 289% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X units), the United States (X units) and Chile (X units) were the main destinations of video monitor exports from Colombia, together comprising 74% of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +43.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video monitor exported from Colombia were Mexico ($X), the United States ($X) and Brazil ($X), with a combined 68% share of total exports.

Among the main countries of destination, Brazil, with a CAGR of +48.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average video monitor export price amounted to $X per unit, declining by -27.6% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 47%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per unit), while the average price for exports to Costa Rica ($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 Uruguay (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into Colombia

In 2021, purchases abroad of video monitors increased by 18% to X units, rising for the fourth year in a row after three years of decline. In general, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2019 when imports increased by 25%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, video monitor imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a pronounced contraction. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest video monitor supplier to Colombia, with a 77% share of total imports. Moreover, video monitor imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), sevenfold. Panama (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-2.3% per year) and Panama (-6.4% per year).

In value terms, China ($X) constituted the largest supplier of video monitors to Colombia, comprising 57% of total imports. The second position in the ranking was held by Mexico ($X), with a 12% share of total imports. It was followed by Panama, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-7.9% per year) and Panama (+9.1% per year).

Import Prices by Country

In 2021, the average video monitor import price amounted to $X per unit, surging by 1.9% against the previous year. In general, the import price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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