Key Market Indicators
Colombia's transformer import is predicted to reach $239 million by 2026, growing at an average rate of 2% year on year since 1996. In 2021, the country came in 49th place, overtaken by Ireland with $212 million. China, Germany and Mexico respectively came in second, third and fourth place in the ranking. Colombia's transformer export is expected to reach $78 million by 2026, with a year on year CAGR of 0.2% since 1996. In 2021, Colombia was in 46th place, overtaken by Norway with $77 million. Germany, the United States and Japan respectively were second, third and fourth in the ranking.
