Manostat Market Overview in Colombia
The size of the manostat market in Colombia contracted modestly to $ in 2019, falling 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, however, continues to indicate strong growth. The growth pace was the most rapid in 2015 when the market value increased by % y-o-y. Over the period under review, the market attained the peak level at $ in 2018, and then fell modestly in the following year.