Colombia - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in Colombia - 2022
Contents:
- Prepared Drier Price in Colombia (FOB) - 2022
- Prepared Drier Price in Colombia (CIF) - 2022
- Prepared Drier Exports in Colombia
- Prepared Drier Imports in Colombia
Prepared Drier Price in Colombia (FOB) - 2022
In February 2022, the average prepared drier export price amounted to $6,084 per ton, with an increase of 4.5% against the previous month. Over the period under review, export price indicated a buoyant expansion from February 2021 to February 2022: its price increased at an average monthly rate of +5.0% 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, prepared drier export price increased by +118.0% against March 2021 indices. The growth pace was the most rapid in April 2021 when the average export price increased by 29% against the previous month. The export price peaked in February 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Peru ($9,050 per ton), while the average price for exports to Venezuela ($5,050 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 Peru (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Drier Price in Colombia (CIF) - 2022
The average prepared drier import price stood at $4,208 per ton in 2022, waning by -4.8% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. The import price peaked at $5,628 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($6,286 per ton), while the price for Belgium ($2,465 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced a decline.
Prepared Drier Exports in Colombia
In 2022, approx. 1.2K tons of prepared driers were exported from Colombia; dropping by -32.8% compared with the previous year. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 179%. As a result, the exports reached the peak of 1.8K tons, and then declined rapidly in the following year.
In value terms, prepared drier exports contracted significantly to $4.7M in 2022. Overall, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 187% against the previous year. As a result, the exports reached the peak of $7M, and then shrank significantly in the following year.
| Export of Prepared Drier in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,773 | 1,039 | 2,436 | 1,741 | -0.6% |
| Ecuador | 1,129 | 358 | 1,501 | 1,073 | -1.7% |
| Chile | 613 | 358 | 924 | 661 | 2.5% |
| Peru | 686 | 336 | 816 | 583 | -5.3% |
| Argentina | 341 | 205 | 422 | 301 | -4.1% |
| Others | 362 | 142 | 902 | 360 | -0.2% |
| Total | 4,904 | 2,438 | 7,000 | 4,719 | -1.3% |
Top Export Markets for Prepared Drier from Colombia in 2022:
- Mexico (507.5 tons)
- Ecuador (217.8 tons)
- Chile (183.4 tons)
- Peru (133.8 tons)
- Argentina (65.8 tons)
Prepared Drier Imports in Colombia
In 2022, purchases abroad of prepared driers decreased by -5.6% to 150 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 +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 159 tons, and then shrank in the following year.
In value terms, prepared drier imports reduced to $630K in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $701K, and then fell in the following year.
| Import of Prepared Drier in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 218 | 202 | 371 | 320 | 13.6% |
| United Arab Emirates | 100 | 98.6 | 159 | 137 | 11.1% |
| Thailand | 66.0 | 67.6 | 51.1 | 47.6 | -10.3% |
| Belgium | 42.8 | 49.8 | 55.0 | 47.4 | 3.5% |
| United States | 53.5 | 55.6 | 26.8 | 34.7 | -13.4% |
| Brazil | 56.7 | 22.2 | 17.6 | 24.5 | -24.4% |
| Others | 38.0 | 63.1 | 20.3 | 19.4 | -20.1% |
| Total | 575 | 558 | 701 | 630 | 3.1% |
Top Suppliers of Prepared Drier to Colombia in 2022:
- Spain (67.1 tons)
- United Arab Emirates (35.2 tons)
- Belgium (19.2 tons)
- Thailand (13.2 tons)
- Brazil (6.9 tons)
- United States (5.5 tons)
This report provides an in-depth analysis of the prepared drier 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:
- Prodcom 20302220 - Prepared driers
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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