Colombia: Berry Market 2024

Berry Market Size in Colombia

The Colombian berry market rose markedly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Berry Production in Colombia

In value terms, berry production rose notably to $X in 2022 estimated in export price. In general, production enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of berries in Colombia expanded notably to X tons per ha in 2022, picking up by X% against the previous year's figure. Over the period under review, the yield, however, showed a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the average berry yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2022, the 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.

In 2022, the total area harvested in terms of berries production in Colombia rose significantly to X ha, increasing by X% on 2021 figures. Over the period under review, the harvested area enjoyed a strong expansion. The growth pace was the most rapid in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the berry harvested area remained at a lower figure.

Berry Exports

Exports from Colombia

After three years of growth, overseas shipments of berries decreased by X% to X tons in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, berry exports dropped to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

The United States (X tons) was the main destination for berry exports from Colombia, with a X% share of total exports. It was followed by Saudi Arabia (X tons), with a X% share of total exports. Panama (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Panama (X% per year).

In value terms, the United States ($X) remains the key foreign market for berries exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Panama (X% per year).

Export Prices by Country

In 2022, the average berry export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, berry export price increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Aruba ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Berry Imports

Imports into Colombia

In 2022, berry imports into Colombia surged to X tons, increasing by X% compared with 2021. Overall, imports saw a modest expansion. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, berry imports soared to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Peru (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of berry imports to Colombia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest berry suppliers to Colombia were Peru ($X), Chile ($X) and the United States ($X).

Peru, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average berry import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, berry import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 ($X per ton), while the price for Peru ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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