Colombia - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Colombia - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Peas Price in Colombia - 2022

Contents:

  1. Green Peas Price in Colombia (FOB) - 2022
  2. Green Peas Price in Colombia (CIF) - 2022
  3. Green Peas Exports in Colombia
  4. Green Peas Imports in Colombia

Green Peas Price in Colombia (FOB) - 2022

In 2022, the average green peas export price amounted to $929 per ton, which is down by -42.5% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 183% against the previous year. As a result, the export price attained the peak level of $4,662 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,218 per ton), while the average price for exports to Curacao ($811 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 UK (+188.3%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Price in Colombia (CIF) - 2022

The average green peas import price stood at $1,965 per ton in 2022, waning by -4.4% against the previous year. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 94%. Over the period under review, average import prices hit record highs at $2,055 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,994 per ton), while the price for Canada amounted to $811 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%).

Green Peas Exports in Colombia

Green peas exports from Colombia skyrocketed to 47 tons in 2022, increasing by 394% against 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, green peas exports surged to $44K in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Green Peas in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Curacao7.55.91.129.057.0%
Spain1.21.90.510.5106.1%
Aruba1.11.10.33.547.1%
United States15.68.93.00.6-66.2%
Netherlands0.92.65.2N/A140.4%
Others1.30.45.4N/A103.8%
Total27.620.815.443.716.6%

Top Export Markets for Green Peas from Colombia in 2022:

  1. Curacao (35.8 tons)
  2. Spain (8.0 tons)
  3. Aruba (3.0 tons)
  4. United States (0.2 tons)

Green Peas Imports in Colombia

In 2022, overseas purchases of peas (green) decreased by -19.2% to 1.3K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 525% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, green peas imports dropped sharply to $2.6M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 251% against the previous year.

Import of Green Peas in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.61.33.32.663.0%
CanadaN/A0.90.1N/A-88.9%
OthersN/AN/AN/AN/A0%
Total0.62.23.42.663.0%

Top Suppliers of Green Peas to Colombia in 2022:

  1. United States (1300.6 tons)
  2. Canada (32.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green peas 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 417 - Peas, 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
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Event
Which Country Consumes the Most Green Peas in the World?
Feb 9, 2018
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Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.

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Global green peas exports amounted to X thousand tons in 2015, remaining stable against the previous year level.

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Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

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Free Data: Peas (Green) - Colombia