Price for Flour and Meal; of Potatoes in Colombia - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Colombia (FOB) - 2022
2. Price for Flour and Meal; of Potatoes in Colombia (CIF) - 2022
3. Exports of Flour and Meal; of Potatoes in Colombia
4. Imports of Flour and Meal; of Potatoes in Colombia

Price for Flour and Meal; of Potatoes in Colombia (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $542 per ton, growing by 1.8% against the previous year. Over the period under review, the export price, however, faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 9.4% against the previous year. Over the period under review, the average export prices attained the maximum at $2,419 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,230 per ton), while the average price for exports to Curacao stood at $464 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (-13.8%).

Price for Flour and Meal; of Potatoes in Colombia (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,084 per ton, increasing by 8.7% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 68% against the previous year. As a result, import price reached the peak level of $3,180 per ton. From 2020 to 2022, the average import prices remained at a 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 Chile ($2,211 per ton), while the price for the United States ($1,014 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.6%), while the prices for the other major suppliers experienced a decline.

Exports of Flour and Meal; of Potatoes in Colombia

After two years of decline, shipments abroad of flour and meal; of potatoeses increased by 7.5% to 273 tons in 2022. Over the period under review, exports, however, faced a abrupt decline.

In value terms, flour and meal; of potatoes exports rose rapidly to $148K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.

Top Export Markets for Flour and Meal; of Potatoes from Colombia in 2022:

1. Curacao (244.2 tons)
2. United States (25.3 tons)

Imports of Flour and Meal; of Potatoes in Colombia

In 2022, after three years of growth, there was significant decline in overseas purchases of flour and meal; of potatoeses, when their volume decreased by -37.7% to 14 tons. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 392%. As a result, imports attained the peak of 23 tons, and then declined notably in the following year.

In value terms, flour and meal; of potatoes imports declined dramatically to $16K in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 182% against the previous year. As a result, imports attained the peak of $23K, and then shrank rapidly in the following year.

Top Suppliers of Flour and Meal; of Potatoes to Colombia in 2022:

1. United States (11.3 tons)
2. Italy (2.5 tons)
3. Chile (0.3 tons)

Source: IndexBox Market Intelligence Platform