Colombia - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsweetened Condensed and Evaporated Milk in Colombia - 2022
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Colombia (FOB) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Colombia (CIF) - 2022
- Exports of Unsweetened Condensed and Evaporated Milk in Colombia
- Imports of Unsweetened Condensed and Evaporated Milk in Colombia
Price for Unsweetened Condensed and Evaporated Milk in Colombia (FOB) - 2022
In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $3,390 per ton, increasing by 22% against the previous year. In general, the export price, however, saw a slight descent. The growth pace was the most rapid in 2019 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $4,854 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($3,447 per ton), while the average price for exports to Aruba amounted to $474 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+9.8%), while the prices for the other major destinations experienced a decline.
Price for Unsweetened Condensed and Evaporated Milk in Colombia (CIF) - 2022
The average import price for condensed or evaporated milk (unsweetened) stood at $1,857 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.1%. Over the period under review, average import prices attained the maximum at $2,147 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,014 per ton), while the price for Peru ($1,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced a decline.
Exports of Unsweetened Condensed and Evaporated Milk in Colombia
In 2022, the amount of condensed or evaporated milk (unsweetened) exported from Colombia dropped notably to 770 kg, waning by -26.2% on the previous year. In general, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 116%.
In value terms, unsweetened condensed and evaporated milk exports dropped to $2.6K in 2022. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.
| Export of Unsweetened Condensed and Evaporated Milk in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 7.9 | 2.0 | 2.7 | 2.6 | -31.0% |
| Aruba | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.3 | 0.2 | N/A | 41.4% |
| Total | 8.0 | 2.3 | 2.9 | 2.6 | -31.2% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Colombia in 2022:
- Peru (750.0 kg)
- Aruba (19.0 kg)
Imports of Unsweetened Condensed and Evaporated Milk in Colombia
In 2022, imports of condensed or evaporated milk (unsweetened) into Colombia shrank markedly to 47 tons, dropping by -18.9% on 2021. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 61%.
In value terms, unsweetened condensed and evaporated milk imports contracted dramatically to $87K in 2022. Overall, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 56%.
| Import of Unsweetened Condensed and Evaporated Milk in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 146 | 51.8 | 74.5 | 52.1 | -29.1% |
| United States | 118 | 13.0 | 23.3 | 28.7 | -37.6% |
| Costa Rica | 3.4 | 1.8 | 5.9 | 4.2 | 7.3% |
| Panama | 3.2 | 1.4 | 2.4 | 2.0 | -14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 271 | 67.9 | 106 | 87.0 | -31.5% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Colombia in 2022:
- Peru (37.1 tons)
- United States (5.7 tons)
- Costa Rica (2.8 tons)
- Panama (1.2 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and 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 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
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
- 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 VOLUME AND VALUE
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
- 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
- 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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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
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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
1311
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
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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.
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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.
