| Product Code: ETC10958662 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Colombia continued to witness a significant influx of automotive engine oils imports, with key supplier countries being the United States of America, South Korea, Poland, Mexico, and the United Arab Emirates. Despite a slight decline in growth rate from the previous year, the industry maintained a high Herfindahl-Hirschman Index (HHI), indicating a concentrated market. The impressive compound annual growth rate (CAGR) of 19.6% from 2020 to 2024 underscores the robust demand for automotive engine oils in Colombia, suggesting a favorable outlook for the industry in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Automotive Engine Oils Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Automotive Engine Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Automotive Engine Oils Market - Industry Life Cycle |
3.4 Colombia Automotive Engine Oils Market - Porter's Five Forces |
3.5 Colombia Automotive Engine Oils Market Revenues & Volume Share, By Oil Type, 2021 & 2031F |
3.6 Colombia Automotive Engine Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Colombia Automotive Engine Oils Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Colombia Automotive Engine Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle sales and registration in Colombia |
4.2.2 Growing awareness among consumers about the importance of regular engine maintenance |
4.2.3 Expansion of the automotive industry in Colombia, leading to higher demand for engine oils |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting consumer purchasing power |
4.3.2 Competition from counterfeit or low-quality engine oil products in the market |
5 Colombia Automotive Engine Oils Market Trends |
6 Colombia Automotive Engine Oils Market, By Types |
6.1 Colombia Automotive Engine Oils Market, By Oil Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Automotive Engine Oils Market Revenues & Volume, By Oil Type, 2021 - 2031F |
6.1.3 Colombia Automotive Engine Oils Market Revenues & Volume, By Synthetic Oil, 2021 - 2031F |
6.1.4 Colombia Automotive Engine Oils Market Revenues & Volume, By Conventional Oil, 2021 - 2031F |
6.1.5 Colombia Automotive Engine Oils Market Revenues & Volume, By Semi-Synthetic Oil, 2021 - 2031F |
6.1.6 Colombia Automotive Engine Oils Market Revenues & Volume, By High-Mileage Oil, 2021 - 2031F |
6.2 Colombia Automotive Engine Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Colombia Automotive Engine Oils Market Revenues & Volume, By High-Performance Engines, 2021 - 2031F |
6.2.3 Colombia Automotive Engine Oils Market Revenues & Volume, By Regular Maintenance, 2021 - 2031F |
6.2.4 Colombia Automotive Engine Oils Market Revenues & Volume, By Fuel Efficiency, 2021 - 2031F |
6.2.5 Colombia Automotive Engine Oils Market Revenues & Volume, By Older Vehicles, 2021 - 2031F |
6.3 Colombia Automotive Engine Oils Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Colombia Automotive Engine Oils Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Colombia Automotive Engine Oils Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Colombia Automotive Engine Oils Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.5 Colombia Automotive Engine Oils Market Revenues & Volume, By Luxury Vehicles, 2021 - 2031F |
7 Colombia Automotive Engine Oils Market Import-Export Trade Statistics |
7.1 Colombia Automotive Engine Oils Market Export to Major Countries |
7.2 Colombia Automotive Engine Oils Market Imports from Major Countries |
8 Colombia Automotive Engine Oils Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Colombia |
8.2 Frequency of engine oil change among vehicle owners |
8.3 Adoption rate of synthetic engine oils in the market |
9 Colombia Automotive Engine Oils Market - Opportunity Assessment |
9.1 Colombia Automotive Engine Oils Market Opportunity Assessment, By Oil Type, 2021 & 2031F |
9.2 Colombia Automotive Engine Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Colombia Automotive Engine Oils Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Colombia Automotive Engine Oils Market - Competitive Landscape |
10.1 Colombia Automotive Engine Oils Market Revenue Share, By Companies, 2024 |
10.2 Colombia Automotive Engine Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |