Report Update: May 1, 2024

Colombia - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights

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Fruit Flour Price in Colombia - 2022

Fruit Flour Price in Colombia (CIF) - 2022

The average fruit flour import price stood at $7,004 per ton in 2022, with an increase of 1.9% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $8,863 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($15,630 per ton), while the price for China ($2,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fruit Flour Price in Colombia (FOB) - 2022

The average fruit flour export price stood at $3,051 per ton in 2022, dropping by -13.1% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 48% against the previous year. The export price peaked at $9,387 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,573 per ton), while the average price for exports to Ecuador ($2,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Flour Imports in Colombia

In 2022, imports of fruit flour into Colombia rose notably to 106 tons, increasing by 14% on 2021 figures. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, imports attained the peak of 123 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fruit flour imports surged to $745K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year. As a result, imports attained the peak of $851K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Fruit Flour in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	277	566	499	591	28.7%
Chile	122	162	17.9	65.3	-18.8%
Vietnam	61.6	45.1	35.4	42.0	-12.0%
Thailand	0.2	8.2	10.0	11.8	289.3%
China	18.1	2.2	1.8	4.9	-35.3%
Spain	N/A	26.4	28.4	N/A	7.6%
Philippines	N/A	8.2	5.4	N/A	-34.1%
Others	13.7	32.4	41.0	29.5	29.1%
Total	492	851	639	745	14.8%

Top Suppliers of Fruit Flour to Colombia in 2022:

United States (83.3 tons)
Chile (9.3 tons)
Vietnam (5.2 tons)
Thailand (4.7 tons)
China (1.9 tons)

Fruit Flour Exports in Colombia

Fruit flour exports from Colombia declined notably to 252 tons in 2022, shrinking by -16.1% against the year before. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 300 tons, and then shrank sharply in the following year.

In value terms, fruit flour exports declined rapidly to $768K in 2022. Overall, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 118% against the previous year. As a result, the exports reached the peak of $1.1M, and then reduced rapidly in the following year.

Export of Fruit Flour in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ecuador	667	0.5	1.6	255	-27.4%
United States	27.2	156	274	205	96.1%
Panama	49.8	142	167	125	35.9%
Germany	63.4	90.3	124	92.7	13.5%
Netherlands	21.2	0.1	99.6	74.5	52.0%
United Kingdom	N/A	25.6	N/A	N/A	0%
Others	8.9	68.2	388	16.3	22.3%
Total	837	483	1,053	768	-2.8%

Top Export Markets for Fruit Flour from Colombia in 2022:

Ecuador (119.3 tons)
Panama (47.1 tons)
Germany (31.3 tons)
Netherlands (30.2 tons)
United States (21.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023