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Colombia - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Avocado Market Overview 2020

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Avocado Market Size in Colombia

The revenue of the avocado market in Colombia amounted to $X in 2018, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Avocado consumption peaked at $X in 2017, and then declined slightly in the following year.

Avocado Production in Colombia

In value terms, avocado production stood at $X in 2018 estimated in export prices. In general, the total output indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado production increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Avocado production peaked in 2018 and is likely to continue its growth in the immediate term.

In 2018, the average yield of avocados in Colombia totaled X tonne per ha, waning by -X% against the previous year. Overall, the avocado yield continues to indicate a measured descent. The most prominent rate of growth was recorded in 2017 when yield increased by X% year-to-year. Avocado yield peaked at X tonne per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Avocado harvested area in Colombia stood at X ha in 2018, jumping by X% against the previous year. In general, the avocado harvested area continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 when harvested area increased by X% against the previous year. Avocado harvested area peaked in 2018 and is expected to retain its growth in the near future.

Avocado Exports

Exports from Colombia

In 2018, approx. X tonnes of avocados were exported from Colombia; jumping by X% against the previous year. Overall, avocado exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, avocado exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, avocado exports totaled $X in 2018. In general, avocado exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, avocado exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for avocado exports from Colombia, with a X% share of total exports. Moreover, avocado exports to the Netherlands exceeded the volume sent to the second major destination, Spain (X tonnes), twofold. The UK (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and the UK (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for avocado exports from Colombia, comprising X% of total avocado exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, the avocado export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the highest prices were recorded for prices to the UK ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to Spain ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Avocado Imports

Imports into Colombia

In 2018, the avocado imports into Colombia stood at X tonnes, shrinking by -X% against the previous year. Overall, avocado imports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. In that year, avocado imports reached their peak of X tonnes. From 2010 to 2018, the growth of avocado imports remained at a lower figure.

In value terms, avocado imports amounted to $X in 2018. Overall, avocado imports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. In that year, avocado imports attained their peak of $X. From 2010 to 2018, the growth of avocado imports remained at a lower figure.

Imports by Country

In 2018, Venezuela (X tonnes) constituted the largest supplier of avocado to Colombia, accounting for a X% share of total imports. Moreover, avocado imports from Venezuela exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), sevenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Venezuela stood at -X%.

In value terms, Venezuela ($X) constituted the largest supplier of avocado to Colombia, comprising X% of total avocado imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Venezuela stood at -X%.

Import Prices by Country

The average avocado import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the avocado import price continues to indicate extraordinary growth. The growth pace was the most rapid in 2018 an increase of X% y-o-y. In that year, the average import prices for avocados reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Venezuela ($X per tonne), while the price for Ecuador amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Venezuela.

Source: IndexBox AI Platform

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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