Colombia: Cheese And Curd Market 2024

Cheese And Curd Market Size in Colombia

The Colombian cheese and curd market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption showed a resilient increase. Cheese and curd consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Colombia

In value terms, cheese and curd production stood at $X in 2022 estimated in export price. Over the period under review, production saw buoyant growth. The growth pace was the most rapid in 2019 when the production volume increased by X%. Cheese and curd production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Cheese And Curd Exports

Exports from Colombia

Cheese and curd exports from Colombia fell to X tons in 2022, with a decrease of X% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, cheese and curd exports fell to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X tons) was the main destination for cheese and curd exports from Colombia, with a X% share of total exports. Moreover, cheese and curd exports to the United States exceeded the volume sent to the second major destination, Aruba (X tons), more than tenfold. Chile (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 stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and Chile (X% per year).

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

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

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 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 Chile ($X per ton), while the average price for exports to Curacao ($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 a decline.

Cheese And Curd Imports

Imports into Colombia

Cheese and curd imports into Colombia contracted to X tons in 2022, with a decrease of X% compared with the previous year. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, cheese and curd imports contracted to $X in 2022. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, the United States (X tons) was the main cheese and curd supplier to Colombia, accounting for a X% share of total imports. Moreover, cheese and curd imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the United States ($X) constituted the largest supplier of cheese and curd to Colombia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($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 a decline.

Source: IndexBox Platform

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