Electro-Mechanical Tool Market Overview in Colombia
The size of the electro-mechanical tool market in Colombia surged to $ in 2018, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a buoyant expansion. The growth pace was the most rapid in 2010 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2018, consumption remained at a lower figure.