Colombia - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSkim Milk Price in Colombia - 2022
Contents:
- Skim Milk Price in Colombia (FOB) - 2022
- Skim Milk Price in Colombia (CIF) - 2022
- Skim Milk Exports in Colombia
- Skim Milk Imports in Colombia
Skim Milk Price in Colombia (FOB) - 2022
In 2022, the average skim milk export price amounted to $1,052 per ton, with an increase of 10% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 46%. The export price peaked at $1,877 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Curacao ($1,263 per ton), while the average price for exports to Cuba ($760 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 Curacao (+3.3%), while the prices for the other major destinations experienced a decline.
Skim Milk Price in Colombia (CIF) - 2022
In 2022, the average skim milk import price amounted to $8,600 per ton, reducing by -25.7% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The import price peaked at $11,571 per ton in 2021, and then dropped notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($20,000 per ton), while the price for Turkey ($1,000 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 (+23.1%).
Skim Milk Exports in Colombia
In 2022, exports of skim milk from Colombia surged to 95 tons, picking up by 31% on the previous year's figure. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.6% 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 +107.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, skim milk exports skyrocketed to $100K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 73%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Skim Milk in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Aruba | 12.9 | 24.6 | 29.6 | 62.3 | 69.0% |
Venezuela | 7.7 | 9.0 | 8.4 | 13.5 | 20.6% |
Curacao | 4.5 | 6.5 | 4.9 | 9.5 | 28.3% |
Cuba | N/A | N/A | N/A | 9.1 | 0% |
Peru | 16.7 | 23.3 | 25.9 | N/A | 24.5% |
United States | N/A | 10.5 | N/A | N/A | 0% |
Others | 1.1 | 0.4 | 0.4 | 5.2 | 67.8% |
Total | 42.9 | 74.3 | 69.2 | 99.7 | 32.5% |
Top Export Markets for Skim Milk from Colombia in 2022:
- Aruba (58.0 tons)
- Venezuela (15.7 tons)
- Cuba (12.0 tons)
- Curacao (7.5 tons)
Skim Milk Imports in Colombia
In 2022, approx. 5 kg of skim milk were imported into Colombia; which is down by -28.6% compared with the previous year. In general, imports showed a dramatic shrinkage.
In value terms, skim milk imports declined significantly to $43 in 2022. Over the period under review, imports faced a significant contraction.
Import of Skim Milk in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United States | 77.0 | 40.0 | -48.1% | ||
Turkey | N/A | 1.0 | 0% | ||
Aruba | N/A | 1.0 | 0% | ||
Dominican Republic | 1.0 | 1.0 | 0.0% | ||
France | 1.0 | N/A | 0% | ||
Portugal | 1.0 | N/A | 0% | ||
Others | 1.0 | N/A | 0% | ||
Total | 81.0 | 43.0 | -46.9% |
Top Suppliers of Skim Milk to Colombia in 2022:
- United States (2.0 kg)
- Turkey (1.0 kg)
- Dominican Republic (1.0 kg)
- Aruba (1.0 kg)
This report provides an in-depth analysis of the skim milk market 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 888 - Skim Milk of Cows
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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