Report Update: Apr 1, 2024

Colombia - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Nuts (Prepared or Preserved) in Colombia - 2022

Price for Nuts (Prepared or Preserved) in Colombia (CIF) - 2022

The average nuts (prepared or preserved) import price stood at $6,608 per ton in February 2022, which is down by -23.4% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 an increase of 64% m-o-m. As a result, import price reached the peak level of $9,192 per ton. From January 2022 to February 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($10,350 per ton), while the price for Costa Rica ($2,245 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 Lebanon (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts (Prepared or Preserved) in Colombia (FOB) - 2022

In February 2022, the average nuts (prepared or preserved) export price amounted to $10,393 per ton, increasing by 38% against the previous month. In general, export price indicated a notable expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, nuts (prepared or preserved) export price increased by +48.2% against November 2021 indices. The growth pace was the most rapid in May 2021 an increase of 60% m-o-m. As a result, the export price attained the peak level of $11,853 per ton. From June 2021 to February 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($20,501 per ton), while the average price for exports to the United States ($3,837 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 (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared or Preserved) in Colombia

In 2022, approx. 1.3K tons of nuts (prepared or preserved) were imported into Colombia; with a decrease of -9.9% on the previous year's figure. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 1.4K tons, and then dropped in the following year.

In value terms, nuts (prepared or preserved) imports shrank to $9.9M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 19%. As a result, imports reached the peak of $11M, and then shrank in the following year.

Import of Nuts (Prepared or Preserved) in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	7.1	7.4	8.7	7.5	1.8%
Brazil	0.6	0.4	0.6	0.6	0.0%
Italy	0.1	0.2	0.2	0.3	44.2%
Mexico	0.2	0.2	0.2	0.3	14.5%
Costa Rica	0.3	0.1	0.2	0.2	-12.6%
China	0.1	N/A	0.1	0.1	0.0%
Chile	0.6	0.3	0.2	0.1	-45.0%
United Arab Emirates	N/A	N/A	N/A	N/A	0%
Others	0.6	0.6	0.6	0.8	10.1%
Total	9.6	9.1	10.8	9.9	1.0%

Top Suppliers of Nuts (Prepared or Preserved) to Colombia in 2022:

United States (868.9 tons)
Costa Rica (78.8 tons)
Brazil (60.8 tons)
Mexico (59.0 tons)
United Arab Emirates (40.3 tons)
China (35.3 tons)
Italy (29.3 tons)
Chile (12.7 tons)

Exports of Nuts (Prepared or Preserved) in Colombia

In 2022, after three years of growth, there was decline in overseas shipments of nuts (prepared or preserved), when their volume decreased by -0.9% to 592 tons. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year.

In value terms, nuts (prepared or preserved) exports contracted to $3.2M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38%.

Export of Nuts (Prepared or Preserved) in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	282	412	894	984	51.7%
Canada	232	720	616	517	30.6%
Peru	400	427	307	379	-1.8%
Panama	253	267	398	351	11.5%
Costa Rica	135	295	290	241	21.3%
Chile	133	120	211	167	7.9%
Guatemala	88.3	115	120	156	20.9%
Ecuador	88.7	88.3	134	111	7.8%
Mexico	406	246	163	25.6	-60.2%
Others	118	257	285	251	28.6%
Total	2,137	2,947	3,418	3,183	14.2%

Top Export Markets for Nuts (Prepared or Preserved) from Colombia in 2022:

United States (157.1 tons)
Peru (125.9 tons)
Canada (102.8 tons)
Chile (42.7 tons)
Panama (39.4 tons)
Guatemala (37.5 tons)
Costa Rica (22.0 tons)
Ecuador (15.9 tons)
Mexico (2.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nuts (prepared or preserved) 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 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023