Colombia - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Colombia - 2022
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Colombia (CIF) - 2022
- Price for Frozen Pig Meat Other than Cuts or Carcases in Colombia (FOB) - 2022
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Colombia
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Colombia
Price for Frozen Pig Meat Other than Cuts or Carcases in Colombia (CIF) - 2022
The average import price for frozen pig meat other than cuts or carcases stood at $2,428 per ton in February 2022, waning by -6.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 an increase of 9.5% month-to-month. The import price peaked at $2,809 per ton in November 2021; however, from December 2021 to February 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In February 2022, the countries with the highest prices were the United States ($2,550 per ton) and Spain ($2,379 per ton), while the price for Canada ($1,796 per ton) and Chile ($2,138 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 Spain (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Colombia (FOB) - 2022
The average export price for frozen pig meat other than cuts or carcases stood at $4,782 per ton in 2022, shrinking by -24.8% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 216% against the previous year. The export price peaked at $6,361 per ton in 2021, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Cuba.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +5.8% per year.
Imports of Frozen Pig Meat Other than Cuts or Carcases in Colombia
Imports of frozen pig meat other than cuts or carcases into Colombia rose remarkably to 115K tons in 2022, picking up by 12% on 2021 figures. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of frozen pig meat other than cuts or carcases expanded rapidly to $290M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Frozen Pig Meat Other than Cuts or Carcases in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 204 | 138 | 222 | 232 | 4.4% |
| Chile | 5.5 | 4.5 | 26.1 | 34.4 | 84.2% |
| Canada | 7.4 | 1.4 | 9.1 | 11.0 | 14.1% |
| Spain | 0.1 | N/A | 12.3 | 10.7 | 374.7% |
| Others | 0.5 | 0.4 | 0.8 | 1.5 | 44.2% |
| Total | 217 | 144 | 271 | 290 | 10.1% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Colombia in 2022:
- United States (90.5K tons)
- Chile (14.5K tons)
- Canada (5.0K tons)
- Spain (4.8K tons)
Exports of Frozen Pig Meat Other than Cuts or Carcases in Colombia
In 2022, after two years of decline, there was significant growth in overseas shipments of frozen pig meat other than cuts or carcases, when their volume increased by 1,675% to 3 tons. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen pig meat other than cuts or carcases soared to $14K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Pig Meat Other than Cuts or Carcases in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | N/A | 14.3 | 0% |
| Spain | 1.0 | 0.2 | 0.5 | N/A | -29.3% |
| Curacao | N/A | 0.8 | N/A | N/A | 0% |
| Others | 1.0 | 0.3 | 0.6 | N/A | -22.5% |
| Total | 1.9 | 1.2 | 1.1 | 14.3 | 96.0% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Colombia in 2022:
- Cuba (3.0 tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
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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