| Product Code: ETC6778250 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia wetsuit import market continues to thrive in 2024, with Vietnam, Indonesia, Cambodia, Thailand, and Myanmar emerging as top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market. A remarkable compound annual growth rate (CAGR) of 18.11% from 2020 to 2024 showcases sustained expansion. Moreover, the impressive growth rate of 30.44% in 2023-24 highlights a significant uptick in demand. These trends suggest a promising outlook for the wetsuit import industry in Colombia, with opportunities for both domestic retailers and international suppliers to capitalize on the market`s growth.

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 Wetsuit Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Wetsuit Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Wetsuit Market - Industry Life Cycle |
3.4 Colombia Wetsuit Market - Porter's Five Forces |
3.5 Colombia Wetsuit Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Colombia Wetsuit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in water sports and outdoor activities in Colombia |
4.2.2 Growing awareness about the importance of safety and protection during water activities |
4.2.3 Rise in disposable income leading to higher spending on recreational activities |
4.3 Market Restraints |
4.3.1 High import tariffs on wetsuits leading to increased prices |
4.3.2 Limited availability of specialized wetsuit retailers in Colombia |
4.3.3 Seasonal demand fluctuations due to weather conditions |
5 Colombia Wetsuit Market Trends |
6 Colombia Wetsuit Market, By Types |
6.1 Colombia Wetsuit Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Colombia Wetsuit Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Colombia Wetsuit Market Revenues & Volume, By Wind Sports, 2021- 2031F |
6.1.4 Colombia Wetsuit Market Revenues & Volume, By Surfing, 2021- 2031F |
6.1.5 Colombia Wetsuit Market Revenues & Volume, By Scuba Diving, 2021- 2031F |
6.1.6 Colombia Wetsuit Market Revenues & Volume, By Triathlon, 2021- 2031F |
7 Colombia Wetsuit Market Import-Export Trade Statistics |
7.1 Colombia Wetsuit Market Export to Major Countries |
7.2 Colombia Wetsuit Market Imports from Major Countries |
8 Colombia Wetsuit Market Key Performance Indicators |
8.1 Average number of water sports events organized annually in Colombia |
8.2 Percentage of population engaged in water sports activities |
8.3 Average water temperature in popular water sports locations in Colombia |
9 Colombia Wetsuit Market - Opportunity Assessment |
9.1 Colombia Wetsuit Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Colombia Wetsuit Market - Competitive Landscape |
10.1 Colombia Wetsuit Market Revenue Share, By Companies, 2024 |
10.2 Colombia Wetsuit 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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