Colombia - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate Bar with Filling in Colombia - 2022
Contents:
- Price for Chocolate Bar with Filling in Colombia (CIF) - 2022
- Price for Chocolate Bar with Filling in Colombia (FOB) - 2022
- Imports of Chocolate Bar with Filling in Colombia
- Exports of Chocolate Bar with Filling in Colombia
Price for Chocolate Bar with Filling in Colombia (CIF) - 2022
The average chocolate bar with filling import price stood at $4,330 per ton in February 2022, growing by 19% against the previous month. In general, import price indicated mild growth from February 2021 to February 2022: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, chocolate bar with filling import price decreased by -21.3% against October 2021 indices. The growth pace was the most rapid in October 2021 an increase of 69% m-o-m. Over the period under review, average import prices reached the maximum at $5,662 per ton in March 2021; however, from April 2021 to February 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Mexico ($8,351 per ton), while the price for Turkey ($1,338 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Chocolate Bar with Filling in Colombia (FOB) - 2022
The average chocolate bar with filling export price stood at $6,553 per ton in February 2022, jumping by 66% against the previous month. In general, export price indicated a temperate expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, chocolate bar with filling export price increased by +65.8% against January 2022 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In February 2022, the country with the highest price was Portugal ($25,848 per ton), while the average price for exports to Chile ($3,036 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 Venezuela (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chocolate Bar with Filling in Colombia
After two years of decline, purchases abroad of chocolate bars with fillings increased by 11% to 2.6K tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump.
In value terms, chocolate bar with filling imports surged to $9M in 2022. In general, imports, however, continue to indicate a deep slump.
| Import of Chocolate Bar with Filling in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.4 | 6.6 | 4.7 | 5.5 | -9.4% |
| Turkey | 1.2 | 1.2 | 0.8 | 1.0 | -5.9% |
| Italy | 0.9 | 0.6 | 0.6 | 0.7 | -8.0% |
| Mexico | 0.7 | 0.5 | 0.4 | 0.5 | -10.6% |
| China | 0.7 | 0.3 | 0.3 | 0.4 | -17.0% |
| Brazil | 0.6 | 0.1 | N/A | 0.1 | -45.0% |
| Others | 1.6 | 1.2 | 0.6 | 0.8 | -20.6% |
| Total | 13.0 | 10.5 | 7.5 | 9.0 | -11.5% |
Top Suppliers of Chocolate Bar with Filling to Colombia in 2022:
- United States (1377.2 tons)
- Turkey (800.1 tons)
- Italy (121.0 tons)
- Mexico (83.0 tons)
- China (45.9 tons)
- Brazil (37.2 tons)
Exports of Chocolate Bar with Filling in Colombia
In 2022, approx. 1.3K tons of chocolate bars with fillings were exported from Colombia; with a decrease of -16% compared with 2021. In general, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 71%. As a result, the exports reached the peak of 1.6K tons, and then declined sharply in the following year.
In value terms, chocolate bar with filling exports reduced markedly to $5.3M in 2022. Overall, exports recorded a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, the exports reached the peak of $6.7M, and then shrank significantly in the following year.
| Export of Chocolate Bar with Filling in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1,938 | 1,290 | 2,002 | 1,635 | -5.5% |
| Chile | 771 | 592 | 1,105 | 902 | 5.4% |
| Costa Rica | 376 | 305 | 790 | 645 | 19.7% |
| Peru | 272 | 129 | 518 | 423 | 15.9% |
| Guatemala | 155 | 109 | 340 | 277 | 21.4% |
| Mexico | 617 | 161 | 55.5 | 223 | -28.8% |
| Dominican Republic | 212 | 181 | 178 | 153 | -10.3% |
| Others | 1,134 | 1,027 | 1,749 | 1,007 | -3.9% |
| Total | 5,474 | 3,794 | 6,738 | 5,266 | -1.3% |
Top Export Markets for Chocolate Bar with Filling from Colombia in 2022:
- Ecuador (432.6 tons)
- Chile (324.2 tons)
- Peru (141.4 tons)
- Costa Rica (115.4 tons)
- Mexico (65.5 tons)
- Dominican Republic (54.3 tons)
- Guatemala (50.0 tons)
This report provides an in-depth analysis of the market for chocolate bar with filling 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 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)
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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