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Colombia - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Cow Peas Market Overview 2021

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Cow Peas Market Size in Colombia

In 2019, the Colombian cow peas market increased by X% to $X for the first time since 2011, thus ending a seven-year declining trend. In general, consumption saw a resilient increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Cow Peas Exports

Exports from Colombia

Cow peas exports from Colombia rose notably to X tonnes in 2019, surging by X% on the year before. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, cow peas exports expanded significantly to $X in 2019. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for cow peas exports from Colombia, accounting for a X% share of total exports. It was followed by the Netherlands (X tonnes), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to the U.S. amounted to -X%.

In value terms, the U.S. ($X) remains the key foreign market for cow peas exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to the U.S. totaled -X%.

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Cow Peas Imports

Imports into Colombia

In 2019, after two years of decline, there was significant growth in overseas purchases of cow peas (dry), when their volume increased by X% to X tonnes. Over the period under review, imports continue to indicate prominent growth. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, cow peas imports skyrocketed to $X in 2019. In general, imports continue to indicate prominent growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Canada (X tonnes), the U.S. (X tonnes) and Peru (X tonnes) were the main suppliers of cow peas imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cow peas suppliers to Colombia were the U.S. ($X), Canada ($X) and Peru ($X), with a combined X% share of total imports.

The U.S. (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average cow peas import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Peru ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas consumption in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (651K tonnes), with a combined 71% share of global consumption. These countries were followed by Ethiopia, Kenya, Mali, Cameroon, Ghana, Senegal and Sudan, which together accounted for a further 17%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas production in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (652K tonnes), together comprising 69% of global production. These countries were followed by Ethiopia, Kenya, the U.S., Mali, Cameroon, Ghana, Senegal, Uganda, Canada and Sudan, which together accounted for a further 23%.
What are the leading suppliers of cow peas (dry) to Colombia?
+
In value terms, the largest cow peas suppliers to Colombia were the U.S. ($2.8M), Canada ($2.6M) and Peru ($230K), together accounting for 100% of total imports.
What are the leading importers of cow peas (dry) from Colombia?
+
In value terms, the U.S. ($511K) remains the key foreign market for cow peas exports from Colombia, comprising 99% of total exports. The second position in the ranking was occupied by the Netherlands ($5.2K), with a 1% share of total exports.
What is the average export price for cow peas (dry) in Colombia?
+
The average cow peas export price stood at $2,723 per tonne in 2019, increasing by 3.6% against the previous year.
What is the average import price for cow peas (dry) in Colombia?
+
In 2019, the average cow peas import price amounted to $873 per tonne, reducing by -4.1% against the previous year.

Product coverage:
• FCL 195 - Cow peas, dry

This report provides an in-depth analysis of the cow peas 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 2025.


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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