Colombia - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Colombia - 2022
Contents:
- Canned Vegetable Price in Colombia (CIF) - 2022
- Canned Vegetable Price in Colombia (FOB) - 2022
- Canned Vegetable Imports in Colombia
- Canned Vegetable Exports in Colombia
Canned Vegetable Price in Colombia (CIF) - 2022
In February 2022, the average canned vegetable import price amounted to $1,859 per ton, with a decrease of -18.3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2021 an increase of 16% m-o-m. The import price peaked at $2,304 per ton in December 2021; however, from January 2022 to February 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($4,401 per ton), while the price for Italy ($1,267 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Price in Colombia (FOB) - 2022
In February 2022, the average canned vegetable export price amounted to $4,041 per ton, jumping by 24% against the previous month. Overall, export price indicated a noticeable increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, canned vegetable export price decreased by -16.6% against December 2021 indices. The pace of growth was the most pronounced in March 2021 an increase of 96% month-to-month. Over the period under review, the average export prices hit record highs at $4,935 per ton in July 2021; however, from August 2021 to February 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8,037 per ton), while the average price for exports to Spain ($2,611 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Imports in Colombia
In 2022, purchases abroad of canned vegetables decreased by -10% to 17K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. As a result, imports reached the peak of 19K tons, and then shrank in the following year.
In value terms, canned vegetable imports dropped modestly to $29M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $30M, and then declined slightly in the following year.
| Import of Canned Vegetable in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.7 | 9.2 | 11.9 | 11.7 | 3.0% |
| Spain | 3.2 | 3.6 | 4.5 | 4.4 | 11.2% |
| Thailand | 2.9 | 3.9 | 4.0 | 4.0 | 11.3% |
| China | 1.0 | 1.2 | 3.7 | 3.6 | 53.3% |
| Italy | 1.3 | 1.0 | 1.7 | 1.6 | 7.2% |
| Argentina | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Mexico | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Others | 2.4 | 2.3 | 2.5 | 2.5 | 1.4% |
| Total | 22.5 | 22.2 | 29.6 | 29.0 | 8.8% |
Top Suppliers of Canned Vegetable to Colombia in 2022:
- United States (6.2K tons)
- China (3.0K tons)
- Thailand (3.0K tons)
- Italy (1.7K tons)
- Spain (1.7K tons)
- Argentina (0.5K tons)
- Mexico (0.4K tons)
Canned Vegetable Exports in Colombia
Canned vegetable exports from Colombia rose sharply to 726 tons in 2022, increasing by 14% on the year before. Over the period under review, exports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 38%.
In value terms, canned vegetable exports soared to $3M in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 69% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Canned Vegetable in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 441 | 675 | 801 | 37.1% |
| Panama | 912 | 303 | 657 | 779 | -5.1% |
| Venezuela | 223 | 313 | 477 | 565 | 36.3% |
| Chile | 95.3 | 193 | 270 | 320 | 49.7% |
| Spain | 46.0 | 68.0 | 156 | 185 | 59.0% |
| Aruba | 28.6 | 48.3 | 96.7 | 115 | 59.0% |
| Curacao | 11.4 | 24.7 | 33.5 | 39.7 | 51.6% |
| United Kingdom | 30.4 | 20.1 | 22.6 | 28.1 | -2.6% |
| Others | 71.5 | 81.8 | 140 | 143 | 26.0% |
| Total | 1,729 | 1,494 | 2,529 | 2,977 | 19.9% |
Top Export Markets for Canned Vegetable from Colombia in 2022:
- United States (192.2 tons)
- Panama (183.8 tons)
- Venezuela (128.2 tons)
- Chile (62.8 tons)
- Aruba (57.4 tons)
- Curacao (38.8 tons)
- Spain (28.7 tons)
- United Kingdom (7.7 tons)
This report provides an in-depth analysis of the canned vegetable market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 472 - Vegetables, Preserved nes (O/T vinegar)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1578
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1336
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1578
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
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