Colombia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Colombia - 2022
Contents:
- Powdered Milk Price in Colombia (CIF) - 2022
- Powdered Milk Price in Colombia (FOB) - 2022
- Powdered Milk Imports in Colombia
- Powdered Milk Exports in Colombia
Powdered Milk Price in Colombia (CIF) - 2022
The average powdered milk import price stood at $3,631 per ton in February 2022, growing by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 14% against the previous month. Over the period under review, average import prices reached the maximum in February 2022.
Average prices varied somewhat amongst the major supplying countries. In February 2022, the highest price was recorded for prices from Argentina ($4,335 per ton) and Chile ($4,188 per ton), while the price for the United States ($3,166 per ton) and Spain ($3,396 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 Argentina (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Powdered Milk Price in Colombia (FOB) - 2022
The average powdered milk export price stood at $4,695 per ton in 2022, increasing by 78% against the previous year. Over the period under review, the export price continues to indicate mild growth. The pace of growth was the most pronounced in 2016 an increase of 79%. As a result, the export price reached the peak level of $5,561 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($5,508 per ton), while the average price for exports to Aruba ($1,325 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 Ecuador (+2.1%), while the prices for the other major destinations experienced a decline.
Powdered Milk Imports in Colombia
Powdered milk imports into Colombia soared to 54K tons in 2022, jumping by 19% compared with 2021. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of 55K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, powdered milk imports skyrocketed to $216M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Powdered Milk in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.6 | 82.3 | 71.3 | 94.1 | 13.9% |
| Chile | 1.0 | 0.2 | 4.0 | 44.9 | 255.4% |
| Bolivia | 12.7 | 17.7 | 25.4 | 34.8 | 39.9% |
| Argentina | 2.8 | 7.1 | 6.0 | 11.0 | 57.8% |
| Uruguay | 1.2 | 7.1 | 7.7 | 8.4 | 91.3% |
| Belgium | N/A | 0.1 | N/A | 6.1 | 681.0% |
| Spain | 2.8 | 7.5 | 3.0 | 4.3 | 15.4% |
| Mexico | 13.1 | 24.0 | 4.4 | 0.2 | -75.2% |
| Others | 14.1 | 12.2 | 13.2 | 12.1 | -5.0% |
| Total | 111 | 158 | 135 | 216 | 24.8% |
Top Suppliers of Powdered Milk to Colombia in 2022:
- Mexico (undefinedK tons)
- United States (26.2K tons)
- Chile (10.2K tons)
- Bolivia (7.9K tons)
- Argentina (2.4K tons)
- Uruguay (2.0K tons)
- Belgium (1.1K tons)
- Spain (1.1K tons)
Powdered Milk Exports in Colombia
In 2022, the amount of powdered milk exported from Colombia fell to 1.5K tons, waning by -4.6% compared with the previous year. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year.
In value terms, powdered milk exports skyrocketed to $7.2M in 2022. Over the period under review, exports, however, enjoyed a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Powdered Milk in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 0.3 | N/A | 2.8 | 5.1 | 157.1% |
| Ecuador | 0.2 | 0.1 | 0.4 | 1.6 | 100.0% |
| Aruba | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Russia | 1.7 | 2.5 | 0.5 | N/A | -45.8% |
| Suriname | N/A | N/A | 0.1 | N/A | 0% |
| Mexico | 4.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| Total | 6.4 | 2.9 | 4.2 | 7.2 | 4.0% |
Top Export Markets for Powdered Milk from Colombia in 2022:
- Venezuela (1071.1 tons)
- Ecuador (291.1 tons)
- Aruba (124.1 tons)
This report provides an in-depth analysis of the powdered milk 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 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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
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This report provides an in-depth analysis of the powdered milk market in Colombia.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Colombia.
527
This report provides an in-depth analysis of the market for evaporated and condensed milk in Colombia.
599
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Colombia.
470
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Colombia.
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This report provides an in-depth analysis of the skim powdered milk market in Colombia.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Colombia.
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This report provides an in-depth analysis of the whole powdered milk market in Colombia.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
301
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1310
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1708
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
231
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
301
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1310
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1708
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
231
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
