Colombia - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in Colombia - 2021
Contents:
- Tomato Juice Price in Colombia (CIF) - 2022
- Tomato Juice Price in Colombia (FOB) - 2022
- Tomato Juice Imports in Colombia
- Tomato Juice Exports in Colombia
Tomato Juice Price in Colombia (CIF) - 2022
In 2022, the average tomato juice import price amounted to $768 per ton, which is down by -4.9% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $1,649 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 ($1,860 per ton), while the price for Panama ($346 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 (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Juice Price in Colombia (FOB) - 2022
In 2022, the average tomato juice export price amounted to $711 per ton, falling by -24.5% against the previous year. Overall, the export price recorded a abrupt descent. The growth pace was the most rapid in 2013 when the average export price increased by 47%. The export price peaked at $1,967 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 the United States ($1,318 per ton), while the average price for exports to Aruba ($200 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 the United States (-3.0%), while the prices for the other major destinations experienced a decline.
Tomato Juice Imports in Colombia
Tomato juice imports into Colombia declined significantly to 8.5 tons in 2022, shrinking by -26.8% compared with the previous year's figure. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year.
In value terms, tomato juice imports reduced sharply to $6.6K in 2022. Overall, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 154%.
| Import of Tomato Juice in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.6 | 2.9 | 6.3 | 2.7 | -44.3% |
| Canada | N/A | N/A | N/A | 2.5 | 0% |
| Panama | 2.4 | 0.5 | 1.3 | 0.5 | -40.7% |
| United Kingdom | 1.3 | 0.1 | 0.4 | 0.2 | -46.4% |
| Netherlands | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Germany | 1.0 | N/A | 0.1 | 0.1 | -53.6% |
| Others | 4.4 | 0.2 | 1.2 | 0.5 | -51.6% |
| Total | 25.0 | 3.7 | 9.4 | 6.6 | -35.8% |
Top Suppliers of Tomato Juice to Colombia in 2022:
- Canada (4.6 tons)
- Panama (1.5 tons)
- United States (1.4 tons)
- Netherlands (0.1 tons)
- United Kingdom (0.1 tons)
- Germany (0.1 tons)
Tomato Juice Exports in Colombia
In 2022, exports of tomato juice from Colombia surged to 5.1 tons, picking up by 154% against the previous year's figure. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tomato juice exports surged to $3.6K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.
| Export of Tomato Juice in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 1.5 | 1.2 | 3.0 | -20.2% |
| Aruba | 0.4 | 0.5 | 0.2 | 0.5 | 7.7% |
| Switzerland | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | 1.7 | 0.4 | N/A | -76.5% |
| Curacao | N/A | 1.6 | 0.1 | N/A | -93.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 5.3 | 1.9 | 3.6 | -17.0% |
Top Export Markets for Tomato Juice from Colombia in 2022:
- Aruba (2.7 tons)
- United States (2.3 tons)
- Switzerland (0.1 tons)
This report provides an in-depth analysis of the tomato juice 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 390 - Juice of Tomatoes
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
-
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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1219
Italy dominates in the global tomato juice trade. In 2014, Italy exported X thousand tons of tomato juice totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total tomato juice
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