| Product Code: ETC6760283 | 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 CNG vehicles import market in 2024 saw significant contributions from top exporting countries such as South Korea, China, India, Mexico, and Brazil. The market displayed a low concentration with a Herfindahl-Hirschman Index (HHI) remaining at a minimal level. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a strong compound annual growth rate (CAGR) of 13.0% over the period of 2020-2024. This indicates a steady demand for CNG vehicles in Colombia, driven by imports from diverse global sources.

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 CNG Vehicles Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia CNG Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia CNG Vehicles Market - Industry Life Cycle |
3.4 Colombia CNG Vehicles Market - Porter's Five Forces |
3.5 Colombia CNG Vehicles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Colombia CNG Vehicles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia CNG Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting clean energy and reducing greenhouse gas emissions |
4.2.2 Rising awareness about environmental sustainability and the benefits of using CNG vehicles |
4.2.3 Increasing fuel efficiency and cost savings compared to traditional gasoline vehicles |
4.3 Market Restraints |
4.3.1 Limited availability of CNG refueling infrastructure in Colombia |
4.3.2 High initial costs of purchasing CNG vehicles compared to conventional gasoline vehicles |
4.3.3 Concerns about the reliability and performance of CNG vehicles in comparison to traditional fuel vehicles |
5 Colombia CNG Vehicles Market Trends |
6 Colombia CNG Vehicles Market, By Types |
6.1 Colombia CNG Vehicles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia CNG Vehicles Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Colombia CNG Vehicles Market Revenues & Volume, By OEM, 2021- 2031F |
6.1.4 Colombia CNG Vehicles Market Revenues & Volume, By Car Modification, 2021- 2031F |
6.2 Colombia CNG Vehicles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Colombia CNG Vehicles Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.2.3 Colombia CNG Vehicles Market Revenues & Volume, By Commercial Use, 2021- 2031F |
7 Colombia CNG Vehicles Market Import-Export Trade Statistics |
7.1 Colombia CNG Vehicles Market Export to Major Countries |
7.2 Colombia CNG Vehicles Market Imports from Major Countries |
8 Colombia CNG Vehicles Market Key Performance Indicators |
8.1 Number of new CNG refueling stations opened in Colombia |
8.2 Percentage increase in CNG vehicle registrations in the country |
8.3 Average total cost of ownership comparison between CNG vehicles and gasoline vehicles |
9 Colombia CNG Vehicles Market - Opportunity Assessment |
9.1 Colombia CNG Vehicles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Colombia CNG Vehicles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia CNG Vehicles Market - Competitive Landscape |
10.1 Colombia CNG Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Colombia CNG Vehicles 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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