Colombia - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAutomotive Lighting Price in Colombia - 2022
Contents:
- Automotive Lighting Price in Colombia (CIF) - 2022
- Automotive Lighting Price in Colombia (FOB) - 2022
- Automotive Lighting Imports in Colombia
- Automotive Lighting Exports in Colombia
Automotive Lighting Price in Colombia (CIF) - 2022
In February 2022, the average automotive lighting import price amounted to $3.5 per unit, falling by -52.8% against the previous month. In general, the import price saw a noticeable downturn. The growth pace was the most rapid in April 2021 when the average import price increased by 28% m-o-m. As a result, import price attained the peak level of $8.5 per unit. From May 2021 to February 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Mexico ($66.5 per unit), while the price for China ($1.7 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Morocco (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in Colombia (FOB) - 2022
In February 2022, the average automotive lighting export price amounted to $3.6 per unit, dropping by -84.7% against the previous month. Over the period under review, the export price faced a abrupt slump. The most prominent rate of growth was recorded in April 2021 an increase of 49% m-o-m. Over the period under review, the average export prices reached the peak figure at $24.7 per unit in November 2021; however, from December 2021 to February 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($162 per unit), while the average price for exports to Peru ($2.9 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+17.5%), while the prices for the other major destinations experienced mixed trend patterns.
Automotive Lighting Imports in Colombia
In 2022, automotive lighting imports into Colombia contracted dramatically to 2.2M units, reducing by -90.6% on the previous year. Overall, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 120%. As a result, imports reached the peak of 23M units, and then plummeted in the following year.
In value terms, automotive lighting imports contracted rapidly to $47M in 2022. In general, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of $60M, and then shrank significantly in the following year.
| Import of Automotive Lighting in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 0.1 | 0.2 | 46.8 | 676.4% |
| China | 13.6 | 10.6 | 21.1 | N/A | 24.6% |
| India | 1.8 | 1.2 | 2.7 | N/A | 22.5% |
| Taiwan (Chinese) | 6.5 | 4.7 | 8.3 | N/A | 13.0% |
| Romania | 5.3 | 1.5 | 1.1 | N/A | -54.4% |
| Others | 21.7 | 15.9 | 26.2 | N/A | 9.9% |
| Total | 49.1 | 34.0 | 59.6 | 46.8 | -1.6% |
Top Suppliers of Automotive Lighting to Colombia in 2022:
- United Arab Emirates (2.2M units)
Automotive Lighting Exports in Colombia
In 2022, overseas shipments of automotive lighting decreased by -11.4% to 893K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of 1M units, and then contracted in the following year.
In value terms, automotive lighting exports declined to $3.9M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of $4.6M, and then shrank in the following year.
| Export of Automotive Lighting in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 3,932 | 0% |
| Ecuador | 1,470 | 1,350 | 2,019 | N/A | 17.2% |
| Peru | 496 | 494 | 798 | N/A | 26.8% |
| Guatemala | 249 | 266 | 508 | N/A | 42.8% |
| Costa Rica | 249 | 214 | 329 | N/A | 14.9% |
| Panama | 170 | 254 | 192 | N/A | 6.3% |
| Mexico | 184 | 125 | 65.6 | N/A | -40.3% |
| Others | 379 | 537 | 713 | N/A | 37.2% |
| Total | 3,197 | 3,240 | 4,625 | 3,932 | 7.1% |
Top Export Markets for Automotive Lighting from Colombia in 2022:
- United Arab Emirates (892.8K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
343
This report provides an in-depth analysis of the automotive lighting market in Colombia.
375
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Colombia.
324
This report provides an in-depth analysis of the vehicle windscreen wiper market in Colombia.
336
This report provides an in-depth analysis of the bicycle lighting market in Colombia.
268
This report provides an in-depth analysis of the motor vehicle alarms market in Colombia.
216
This report provides an in-depth analysis of the market for vehicle sound signalling equipment in Colombia.
1369
This report provides an in-depth analysis of the global automotive lighting market.
539
This report provides an in-depth analysis of the global market for lighting equipment for motor vehicles.
394
This report provides an in-depth analysis of the global vehicle windscreen wiper market.
602
This report provides an in-depth analysis of the global bicycle lighting market.
863
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
854
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
863
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
854
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
