Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,332 per ton in February 2022, rising by 8.3% against the previous month. Overall, the import price posted pronounced growth. The pace of growth appeared the most rapid in December 2021 an increase of 165% month-to-month. As a result, import price reached the peak level of $5,486 per ton. From January 2022 to February 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($11,791 per ton), while the price for Peru amounted to $2,116 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,517 per ton in February 2022, declining by -16.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 51% month-to-month. As a result, the export price reached the peak level of $5,221 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 the United States ($4,912 per ton), while the average price for exports to Panama ($2,941 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 Ecuador (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia
For the fourth consecutive year, Colombia recorded growth in overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses, which increased by 116% to 3.7K tons in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $11M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 1,230 | 1,578 | 2,362 | 5,522 | 65.0% |
Mexico | N/A | N/A | N/A | 1,835 | 0% |
United States | 855 | 1,128 | 1,111 | 1,206 | 12.1% |
El Salvador | N/A | N/A | N/A | 862 | 0% |
Brazil | 51.3 | 353 | 341 | 496 | 113.0% |
Spain | 285 | 204 | 136 | 344 | 6.5% |
Turkey | 45.7 | 49.7 | N/A | 160 | 51.8% |
Others | 161 | 101 | 87.7 | 175 | 2.8% |
Total | 2,628 | 3,414 | 4,039 | 10,600 | 59.2% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Colombia in 2022:
- Peru (2468.4 tons)
- Mexico (457.4 tons)
- United States (199.6 tons)
- El Salvador (156.7 tons)
- Brazil (153.8 tons)
- Spain (118.4 tons)
- Turkey (66.4 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Colombia surged to 354 tons, increasing by 21% on 2021. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $1.4M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 378 | 171 | 289 | 566 | 14.4% |
United States | 236 | 246 | 285 | 263 | 3.7% |
Venezuela | 0.3 | 0.1 | 65.3 | 229 | 813.9% |
South Korea | 0.2 | 187 | N/A | 151 | 810.6% |
Peru | 238 | 250 | 216 | 88.2 | -28.2% |
Panama | 0.5 | 16.7 | 66.3 | 49.8 | 363.5% |
Others | 71.1 | 94.7 | 101 | 58.3 | -6.4% |
Total | 924 | 966 | 1,023 | 1,405 | 15.0% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Colombia in 2022:
- Ecuador (127.4 tons)
- United States (72.0 tons)
- Venezuela (50.5 tons)
- South Korea (44.5 tons)
- Peru (29.4 tons)
- Panama (16.6 tons)
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Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.