Colombia - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Powdered, Condensed or Evaporated Milk in Colombia - 2022
Contents:
- Price for Powdered, Condensed or Evaporated Milk in Colombia (CIF) - 2022
- Price for Powdered, Condensed or Evaporated Milk in Colombia (FOB) - 2022
- Imports of Powdered, Condensed or Evaporated Milk in Colombia
- Exports of Powdered, Condensed or Evaporated Milk in Colombia
Price for Powdered, Condensed or Evaporated Milk in Colombia (CIF) - 2022
The average import price for powdered, condensed or evaporated milk stood at $2,910 per ton in 2022, declining by -1.9% against the previous year. Over the period under review, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.9%. Over the period under review, average import prices hit record highs at $4,082 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($3,828 per ton), while the price for Portugal ($2,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered, Condensed or Evaporated Milk in Colombia (FOB) - 2022
In 2022, the average export price for powdered, condensed or evaporated milk amounted to $2,670 per ton, remaining constant against the previous year. In general, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 75%. As a result, the export price attained the peak level of $5,474 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($3,829 per ton), while the average price for exports to Aruba ($563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Powdered, Condensed or Evaporated Milk in Colombia
In 2022, approx. 50K tons of powdered, condensed or evaporated milk were imported into Colombia; surging by 11% on 2021 figures. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 55K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, powdered, condensed or evaporated milk imports expanded rapidly to $147M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of $158M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Powdered, Condensed or Evaporated Milk in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.8 | 82.3 | 69.4 | 75.0 | 5.5% |
| Bolivia | 12.7 | 17.7 | 25.4 | 23.9 | 23.5% |
| Mexico | 13.2 | 24.0 | 4.4 | 13.0 | -0.5% |
| Uruguay | 1.2 | 7.1 | 7.6 | 7.3 | 82.5% |
| France | 1.5 | 4.3 | 5.8 | 5.9 | 57.9% |
| Argentina | 2.8 | 7.1 | 6.0 | 5.7 | 26.7% |
| Chile | 1.0 | 0.2 | 4.0 | 3.3 | 48.9% |
| Spain | 2.8 | 7.5 | 3.0 | 2.7 | -1.2% |
| Portugal | 4.1 | 0.8 | 1.9 | 2.2 | -18.7% |
| Poland | 3.3 | 2.0 | 1.7 | 2.2 | -12.6% |
| Others | 5.5 | 5.2 | 6.1 | 5.5 | 0.0% |
| Total | 112 | 158 | 135 | 147 | 9.5% |
Top Suppliers of Powdered, Condensed or Evaporated Milk to Colombia in 2022:
- United States (28.0K tons)
- Bolivia (7.0K tons)
- Mexico (3.8K tons)
- Uruguay (2.0K tons)
- France (2.0K tons)
- Argentina (1.8K tons)
- Portugal (1.1K tons)
- Spain (1.1K tons)
- Poland (1.0K tons)
- Chile (0.9K tons)
Exports of Powdered, Condensed or Evaporated Milk in Colombia
Powdered, condensed or evaporated milk exports from Colombia dropped to 1.8K tons in 2022, reducing by -4.9% against the previous year's figure. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 8.7%.
In value terms, powdered, condensed or evaporated milk exports reduced modestly to $4.8M in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 8%.
| Export of Powdered, Condensed or Evaporated Milk in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 304 | 10.9 | 2,833 | 2,496 | 101.7% |
| Ecuador | 561 | 676 | 657 | 786 | 11.9% |
| Russia | 1,654 | 2,492 | 518 | 456 | -34.9% |
| Peru | 163 | 708 | 47.8 | 318 | 25.0% |
| Chile | 293 | 141 | 269 | 298 | 0.6% |
| Costa Rica | 112 | 163 | 131 | 149 | 10.0% |
| Aruba | 52.5 | 62.1 | 95.8 | 93.9 | 21.4% |
| Mexico | 4,129 | 99.8 | N/A | N/A | -97.6% |
| Suriname | N/A | 32.9 | 126 | N/A | 283.0% |
| Others | 40.9 | 186 | 260 | 158 | 56.9% |
| Total | 7,310 | 4,572 | 4,937 | 4,754 | -13.4% |
Top Export Markets for Powdered, Condensed or Evaporated Milk from Colombia in 2022:
- Venezuela (876.8 tons)
- Ecuador (239.0 tons)
- Russia (235.3 tons)
- Aruba (166.7 tons)
- Chile (89.9 tons)
- Peru (83.1 tons)
- Costa Rica (61.6 tons)
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk 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:
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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
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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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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Colombia.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Colombia.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Colombia.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Colombia.
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This report provides an in-depth analysis of the powdered milk market in Colombia.
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This report provides an in-depth analysis of the skim powdered milk market in Colombia.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Colombia.
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This report provides an in-depth analysis of the whole powdered milk market in Colombia.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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This report provides an in-depth analysis of the global market for evaporated and condensed milk.
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Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1717
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
316
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
248
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
102
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
1320
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1717
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
316
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
248
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
102
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
