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Colombia New Cars Market to 2027

November 2023 | 48 pages | ID: C05E9EAFF26DEN
MarketLine

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Colombia New Cars Market to 2027

Summary

New Cars in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
  • Colombia captured a share of 12.1% in the South American new cars market, in 2022.
  • The Colombian new cars market had total revenues of $12.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.1% between 2017 and 2022.
  • Market consumption volumes declined with a negative CAGR of 5.2% between 2017 and 2022, to reach a total of 208.1 thousand units in 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Colombia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Colombia
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Colombia new cars market with five year forecasts
Reasons to Buy
  • What was the size of the Colombia new cars market by value in 2022?
  • What will be the size of the Colombia new cars market in 2027?
  • What factors are affecting the strength of competition in the Colombia new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Colombia's new cars market?
1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. 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. 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 are the strengths of the leading players?
7.4. What strategies do the leading players follow?

8 COMPANY PROFILES

8.1. Renault–Nissan–Mitsubishi Alliance
8.2. General Motors Company
8.3. Hyundai Motor Company
8.4. Suzuki Motor Corporation

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 new cars market value: $ billion, 2017–22
Table 2: Colombia new cars market volume: units, 2017–22
Table 3: Colombia new cars market geography segmentation: $ billion, 2022
Table 4: Colombia new cars market value forecast: $ billion, 2022–27
Table 5: Colombia new cars market volume forecast: units, 2022–27
Table 6: Colombia new cars market share: % share, by volume, 2022
Table 7: Renault–Nissan–Mitsubishi Alliance: key facts
Table 8: General Motors Company: key facts
Table 9: General Motors Company: Annual Financial Ratios
Table 10: General Motors Company: Key Employees
Table 11: General Motors Company: Key Employees Continued
Table 12: Hyundai Motor Company: key facts
Table 13: Hyundai Motor Company: Annual Financial Ratios
Table 14: Hyundai Motor Company: Key Employees
Table 15: Hyundai Motor Company: Key Employees Continued
Table 16: Suzuki Motor Corporation: key facts
Table 17: Suzuki Motor Corporation: Annual Financial Ratios
Table 18: Suzuki Motor Corporation: Key Employees
Table 19: Suzuki Motor Corporation: Key Employees Continued
Table 20: Colombia size of population (million), 2018–22
Table 21: Colombia gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Colombia gdp (current prices, $ billion), 2018–22
Table 23: Colombia inflation, 2018–22
Table 24: Colombia consumer price index (absolute), 2018–22
Table 25: Colombia exchange rate, 2018–22

LIST OF FIGURES

Figure 1: Colombia new cars market value: $ billion, 2017–22
Figure 2: Colombia new cars market volume: units, 2017–22
Figure 3: Colombia new cars market geography segmentation: % share, by value, 2022
Figure 4: Colombia new cars market value forecast: $ billion, 2022–27
Figure 5: Colombia new cars market volume forecast: units, 2022–27
Figure 6: Forces driving competition in the new cars market in Colombia, 2022
Figure 7: Drivers of buyer power in the new cars market in Colombia, 2022
Figure 8: Drivers of supplier power in the new cars market in Colombia, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Colombia, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Colombia, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Colombia, 2022
Figure 12: Colombia new cars market share: % share, by volume, 2022


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