Colombia - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in Colombia - 2022
Contents:
- Green Coffee Price in Colombia (FOB) - 2022
- Green Coffee Price in Colombia (CIF) - 2022
- Green Coffee Exports in Colombia
- Green Coffee Imports in Colombia
Green Coffee Price in Colombia (FOB) - 2022
The average green coffee export price stood at $6,223 per ton in February 2022, increasing by 5% against the previous month. Overall, export price indicated measured growth from February 2021 to February 2022: its price increased at an average monthly rate of +4.0% 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, green coffee export price increased by +59.8% against February 2021 indices. The pace of growth appeared the most rapid in October 2021 an increase of 6.3% month-to-month. The export price peaked in February 2022.
Average prices varied noticeably for the major overseas markets. In February 2022, the countries with the highest prices were Spain ($6,439 per ton) and Belgium ($6,410 per ton), while the average price for exports to Finland ($5,997 per ton) and Taiwan (Chinese) ($6,024 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Green Coffee Price in Colombia (CIF) - 2022
The average green coffee import price stood at $3,055 per ton in February 2022, surging by 15% against the previous month. Over the period under review, import price indicated a resilient expansion from February 2021 to February 2022: its price increased at an average monthly rate of +5.5% 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, green coffee import price increased by +88.7% against June 2021 indices. The pace of growth was the most pronounced in September 2021 an increase of 23% against the previous month. The import price peaked in February 2022.
Average prices varied somewhat amongst the major supplying countries. In February 2022, the highest price was recorded for prices from Ecuador ($3,546 per ton) and Brazil ($3,168 per ton), while the price for Peru ($2,786 per ton) and Honduras ($3,001 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Honduras (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Coffee Exports in Colombia
In 2022, shipments abroad of coffee (green) was finally on the rise to reach 688K tons after two years of decline. In general, exports, however, recorded a perceptible downturn.
In value terms, green coffee exports dropped to $2.8B in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports reached the peak of $3.1B, and then dropped in the following year.
| Export of Green Coffee in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 988 | 985 | 1,270 | 1,136 | 4.8% |
| Belgium | 121 | 190 | 249 | 222 | 22.4% |
| Canada | 175 | 181 | 247 | 221 | 8.1% |
| Germany | 193 | 208 | 239 | 214 | 3.5% |
| Japan | 184 | 201 | 216 | 194 | 1.8% |
| South Korea | 85.7 | 110 | 138 | 124 | 13.1% |
| United Kingdom | 48.5 | 56.3 | 77.3 | 69.2 | 12.6% |
| Spain | 54.4 | 61.6 | 70.0 | 62.7 | 4.8% |
| Italy | 58.9 | 52.2 | 65.1 | 58.3 | -0.3% |
| Australia | 37.3 | 45.6 | 54.8 | 49.1 | 9.6% |
| Finland | 45.8 | 52.8 | 52.6 | 47.0 | 0.9% |
| Others | 282 | 303 | 413 | 372 | 9.7% |
| Total | 2,273 | 2,447 | 3,092 | 2,769 | 6.8% |
Top Export Markets for Green Coffee from Colombia in 2022:
- United States (281.3K tons)
- Germany (56.5K tons)
- Canada (54.1K tons)
- Japan (53.0K tons)
- Belgium (50.9K tons)
- South Korea (28.8K tons)
- Italy (15.9K tons)
- United Kingdom (15.8K tons)
- Spain (15.7K tons)
- Finland (13.3K tons)
- Australia (11.0K tons)
Green Coffee Imports in Colombia
After three years of growth, supplies from abroad of coffee (green) decreased by -18.9% to 82K tons in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 101K tons, and then fell remarkably in the following year.
In value terms, green coffee imports contracted dramatically to $147M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports reached the peak of $196M, and then declined remarkably in the following year.
| Import of Green Coffee in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 50.4 | 63.6 | 128 | 96.1 | 24.0% |
| Peru | 15.4 | 29.0 | 46.7 | 35.1 | 31.6% |
| Honduras | 4.1 | 4.5 | 13.6 | 10.2 | 35.5% |
| Ecuador | 1.4 | 1.5 | 8.0 | 6.0 | 62.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 71.4 | 98.6 | 196 | 147 | 27.2% |
Top Suppliers of Green Coffee to Colombia in 2022:
- Brazil (55.5K tons)
- Peru (17.6K tons)
- Honduras (6.8K tons)
- Ecuador (2.4K tons)
This report provides an in-depth analysis of the green coffee 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 656 - Coffee green
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
802
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1069
Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
740
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
1605
Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021.
1796
Global green coffee consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Global green coffee exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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Global green coffee imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the countries with the highest levels of green coffee production were Brazil (X thousand tons), Vietnam (X thousand tons), Colombia (X thousand tons), together accounting for X% of total output.
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