| Product Code: ETC6773096 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia powersports import market continued to thrive in 2024, with top exporters being Brazil, South Korea, Mexico, the United States of America, and China. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 13.08% from 2020 to 2024 indicates a strong and steady expansion. Moreover, the growth rate of 11.58% from 2023 to 2024 highlights the resilience and potential of the powersports import sector in Colombia.

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 Powersports Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Powersports Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Powersports Market - Industry Life Cycle |
3.4 Colombia Powersports Market - Porter's Five Forces |
3.5 Colombia Powersports Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Colombia Powersports Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Colombia Powersports Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Powersports Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Colombia, leading to higher purchasing power for powersports vehicles. |
4.2.2 Growing popularity of outdoor recreational activities and adventure sports among Colombians. |
4.2.3 Expansion of tourism industry in Colombia, driving demand for powersports vehicles for rental and recreational purposes. |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on powersports vehicles, increasing the overall cost for consumers. |
4.3.2 Limited infrastructure and facilities for powersports activities in certain regions of Colombia. |
5 Colombia Powersports Market Trends |
6 Colombia Powersports Market, By Types |
6.1 Colombia Powersports Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Powersports Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Colombia Powersports Market Revenues & Volume, By All-Terrain Vehicles (ATV), 2021- 2031F |
6.1.4 Colombia Powersports Market Revenues & Volume, By Side-By-Side Vehicles, 2021- 2031F |
6.1.5 Colombia Powersports Market Revenues & Volume, By Snowmobiles, 2021- 2031F |
6.1.6 Colombia Powersports Market Revenues & Volume, By Personal Watercraft, 2021- 2031F |
6.1.7 Colombia Powersports Market Revenues & Volume, By Heavyweight Motorcycle, 2021- 2031F |
6.2 Colombia Powersports Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Colombia Powersports Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.2.3 Colombia Powersports Market Revenues & Volume, By Electric, 2021- 2031F |
6.2.4 Colombia Powersports Market Revenues & Volume, By Diesel, 2021- 2031F |
6.3 Colombia Powersports Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Colombia Powersports Market Revenues & Volume, By On-Road, 2021- 2031F |
6.3.3 Colombia Powersports Market Revenues & Volume, By Off-Road, 2021- 2031F |
7 Colombia Powersports Market Import-Export Trade Statistics |
7.1 Colombia Powersports Market Export to Major Countries |
7.2 Colombia Powersports Market Imports from Major Countries |
8 Colombia Powersports Market Key Performance Indicators |
8.1 Number of powersports events and competitions held in Colombia annually. |
8.2 Growth in the number of powersports rental companies operating in Colombia. |
8.3 Increase in the number of powersports training and certification programs offered in the country. |
9 Colombia Powersports Market - Opportunity Assessment |
9.1 Colombia Powersports Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Colombia Powersports Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Colombia Powersports Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Powersports Market - Competitive Landscape |
10.1 Colombia Powersports Market Revenue Share, By Companies, 2024 |
10.2 Colombia Powersports 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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