| Product Code: ETC6775149 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Colombia saw a continued high concentration of small SUV imports, with top exporters being Argentina, South Korea, Spain, Germany, and France. Despite a slight decline in growth rate from 2023 to 2024, the industry still maintained a robust compound annual growth rate of 18.83% from 2020 to 2024. This data suggests a strong demand for small SUVs in Colombia, with key players dominating the market and potential for further expansion in the future.

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 Small SUVs Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Small SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Small SUVs Market - Industry Life Cycle |
3.4 Colombia Small SUVs Market - Porter's Five Forces |
3.5 Colombia Small SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Colombia Small SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization in Colombia leading to higher demand for compact and fuel-efficient vehicles. |
4.2.2 Rising disposable income levels among the middle class, making small SUVs more affordable and attractive to consumers. |
4.2.3 Government incentives and tax benefits for eco-friendly vehicles, promoting the adoption of small SUVs with lower emissions. |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in currency exchange rates impacting consumer purchasing power and overall market demand. |
4.3.2 Competition from other vehicle segments such as sedans and hatchbacks, leading to a fragmented market share for small SUVs. |
4.3.3 Lack of adequate infrastructure and charging stations for electric small SUVs, hindering the growth of this segment. |
5 Colombia Small SUVs Market Trends |
6 Colombia Small SUVs Market, By Types |
6.1 Colombia Small SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Small SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Colombia Small SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Colombia Small SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Colombia Small SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Colombia Small SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Small SUVs Market Import-Export Trade Statistics |
7.1 Colombia Small SUVs Market Export to Major Countries |
7.2 Colombia Small SUVs Market Imports from Major Countries |
8 Colombia Small SUVs Market Key Performance Indicators |
8.1 Average fuel efficiency ratings of small SUV models in the market. |
8.2 Number of new small SUV models launched by manufacturers in Colombia. |
8.3 Consumer sentiment and perception towards small SUVs based on social media mentions and online reviews. |
9 Colombia Small SUVs Market - Opportunity Assessment |
9.1 Colombia Small SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Colombia Small SUVs Market - Competitive Landscape |
10.1 Colombia Small SUVs Market Revenue Share, By Companies, 2024 |
10.2 Colombia Small 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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