| Product Code: ETC6767778 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Colombia continued to see a high level of concentration in the import shipments of large SUVs, with top exporting countries including Japan, USA, Mexico, South Korea, and Slovakia. Despite a modest Compound Annual Growth Rate (CAGR) of 1.8% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024, with a decrease of -51.61%. This suggests a challenging year for the large SUV import market in Colombia, potentially influenced by various factors impacting consumer demand and market dynamics.

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 Large SUVs Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Large SUVs Market - Industry Life Cycle |
3.4 Colombia Large SUVs Market - Porter's Five Forces |
3.5 Colombia Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Colombia Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Colombia |
4.2.2 Growing trend towards larger vehicles for safety and comfort |
4.2.3 Expansion of road infrastructure in Colombia |
4.3 Market Restraints |
4.3.1 High import tariffs on large SUVs in Colombia |
4.3.2 Volatility in fuel prices impacting consumer preference |
4.3.3 Competition from smaller, more fuel-efficient vehicles |
5 Colombia Large SUVs Market Trends |
6 Colombia Large SUVs Market, By Types |
6.1 Colombia Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Colombia Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Colombia Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Colombia Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Colombia Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Large SUVs Market Import-Export Trade Statistics |
7.1 Colombia Large SUVs Market Export to Major Countries |
7.2 Colombia Large SUVs Market Imports from Major Countries |
8 Colombia Large SUVs Market Key Performance Indicators |
8.1 Average age of vehicles in Colombia |
8.2 Number of new vehicle registrations in the SUV segment |
8.3 Growth in the number of SUV-friendly road infrastructure projects |
9 Colombia Large SUVs Market - Opportunity Assessment |
9.1 Colombia Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Colombia Large SUVs Market - Competitive Landscape |
10.1 Colombia Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Colombia Large SUVs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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