Price for Flour, Meal, and Flakes of Potatoes in Colombia - 2022

Contents:

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

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

The average export price for flour, meal, and flakes of potatoeses stood at $664 per ton in 2022, rising by 24% against the previous year. In general, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices hit record highs at $2,421 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Curacao.

From 2012 to 2022, the rate of growth in terms of prices for Curacao amounted to -11.2% per year.

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

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,899 per ton, surging by 26% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 30%. As a result, import price attained the peak level of $2,855 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,247 per ton), while the price for the Netherlands ($1,230 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Flour, Meal, and Flakes of Potatoes in Colombia

For the third consecutive year, Colombia recorded decline in shipments abroad of flour, meal, and flakes of potatoeses, which decreased by -30.2% to 177 tons in 2022. Overall, exports saw a sharp setback. The smallest decline of -13% was in 2021.

In value terms, exports of flour, meal, and flakes of potatoeses dropped to $118K in 2022. In general, exports showed a precipitous curtailment.

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

1. Curacao (177.4 tons)

Imports of Flour, Meal, and Flakes of Potatoes in Colombia

In 2022, approx. 24 tons of flour, meal, and flakes of potatoeses were imported into Colombia; dropping by -54% compared with the previous year's figure. In general, imports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 320%. As a result, imports reached the peak of 52 tons, and then contracted remarkably in the following year.

In value terms, imports of flour, meal, and flakes of potatoeses shrank dramatically to $45K in 2022. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 318% against the previous year. As a result, imports attained the peak of $78K, and then contracted significantly in the following year.

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

1. Belgium (15.8 tons)
2. Germany (7.0 tons)
3. Netherlands (1.1 tons)

Source: IndexBox Market Intelligence Platform