Colombia Car Manufacturing Market Summary, Competitive Analysis and Forecast to 2027
Summary
Car Manufacturing in Colombia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
- The Colombian car manufacturing industry had total revenues of $0.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 10.7% between 2017 and 2022.
- Industry consumption volumes declined with a negative CAGR of 17.8% between 2017 and 2022, reaching a total of 40,600 units in 2022.
- The decline in the value of the Colombian car manufacturing industry was due to reduced demand for new cars in the country. The new car registrations in Colombia in 2022 grew by 4.1%. In contrast, they grew by 32.4% in the previous year, according to GlobalData.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Colombia
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Colombia car manufacturing market with five year forecasts by both value and volume
- What was the size of the Colombia car manufacturing market by value in 2022?
- What will be the size of the Colombia car manufacturing market in 2027?
- What factors are affecting the strength of competition in the Colombia car manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Colombia's car manufacturing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What is the rationale for the recent M&A activity?
- 7.4. How are strategic alliances used by the leading companies?
- 7.5. How is new technology opening competition?
- 7.6. How are leading players progressing in the hybrid and electric cars segment?
- 8 Company Profiles
- 8.1. Renault SA
- 8.2. General Motors Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Colombia car manufacturing industry value: $ billion, 2017–22
- Table 2: Colombia car manufacturing industry volume: thousand units, 2017–22
- Table 3: Colombia car manufacturing industry category segmentation: % share, by volume, 2017–2022
- Table 4: Colombia car manufacturing industry category segmentation: thousand units, 2017-2022
- Table 5: Colombia car manufacturing industry geography segmentation: $ billion, 2022
- Table 6: Colombia car manufacturing industry value forecast: $ billion, 2022–27
- Table 7: Colombia car manufacturing industry volume forecast: thousand units, 2022–27
- Table 8: Colombia car manufacturing industry share: % share, by volume, 2022
- Table 9: Renault SA: key facts
- Table 10: Renault SA: Annual Financial Ratios
- Table 11: Renault SA: Key Employees
- Table 12: Renault SA: Key Employees Continued
- Table 13: General Motors Company: key facts
- Table 14: General Motors Company: Annual Financial Ratios
- Table 15: General Motors Company: Key Employees
- Table 16: General Motors Company: Key Employees Continued
- Table 17: General Motors Company: Key Employees Continued
- Table 18: Colombia size of population (million), 2018–22
- Table 19: Colombia gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: Colombia gdp (current prices, $ billion), 2018–22
- Table 21: Colombia inflation, 2018–22
- Table 22: Colombia consumer price index (absolute), 2018–22
- Table 23: Colombia exchange rate, 2018–22
- List of Figures
- Figure 1: Colombia car manufacturing industry value: $ billion, 2017–22
- Figure 2: Colombia car manufacturing industry volume: thousand units, 2017–22
- Figure 3: Colombia car manufacturing industry category segmentation: thousand units, 2017-2022
- Figure 4: Colombia car manufacturing industry geography segmentation: % share, by value, 2022
- Figure 5: Colombia car manufacturing industry value forecast: $ billion, 2022–27
- Figure 6: Colombia car manufacturing industry volume forecast: thousand units, 2022–27
- Figure 7: Forces driving competition in the car manufacturing industry in Colombia, 2022
- Figure 8: Drivers of buyer power in the car manufacturing industry in Colombia, 2022
- Figure 9: Drivers of supplier power in the car manufacturing industry in Colombia, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Colombia, 2022
- Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Colombia, 2022
- Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Colombia, 2022
- Figure 13: Colombia car manufacturing industry share: % share, by volume, 2022
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