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Colombia - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Colombia

The Colombian market for crude sunflower-seed and safflower oil reduced to $X in 2020, shrinking by -X% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Production of Crude Sunflower-Seed And Safflower Oil in Colombia

In value terms, crude sunflower-seed and safflower oil production dropped to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% year-to-year. Crude sunflower-seed and safflower oil production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Colombia

For the seventh year in a row, Colombia recorded growth in shipments abroad of crude sunflower-seed and safflower oil, which increased by X% to X tonnes in 2020. Over the period under review, exports showed a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude sunflower-seed and safflower oil exports soared to $X in 2020. Overall, exports recorded a remarkable increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for crude sunflower-seed and safflower oil exports from Colombia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%.

In value terms, Germany ($X) also remains the key foreign market for crude sunflower-seed and safflower oil exports from Colombia.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%.

Export Prices by Country

The average export price for crude sunflower-seed and safflower oil stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to -X% per year.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Colombia

In 2020, the amount of crude sunflower-seed and safflower oil imported into Colombia shrank remarkably to X tonnes, dropping by -X% on the year before. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, crude sunflower-seed and safflower oil imports fell notably to $X in 2020. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Bolivia (X tonnes) and Argentina (X tonnes) were the main suppliers of crude sunflower-seed and safflower oil imports to Colombia, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Argentina.

In value terms, the largest crude sunflower-seed and safflower oil suppliers to Colombia were Bolivia ($X) and Argentina ($X), with a combined X% share of total imports.

In terms of the main suppliers, Argentina recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average import price for crude sunflower-seed and safflower oil stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price saw a slight reduction. The growth pace was the most rapid in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Argentina ($X per tonne), while the price for Bolivia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
+
The country with the largest volume of crude sunflower-seed and safflower oil consumption was China (8.9M tonnes), comprising approx. 20% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (3.3M tonnes), threefold. The U.S. (1.9M tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2020 were China (6.9M tonnes), Ukraine (6.4M tonnes) and Russia (2.9M tonnes), together comprising 38% of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Colombia?
+
In value terms, Bolivia ($7.1M) and Argentina ($4.7M) appeared to be the largest crude sunflower-seed and safflower oil suppliers to Colombia, together comprising 99% of total imports.
What are the leading importers of crude sunflower-seed and safflower oil from Colombia?
+
In value terms, Germany ($19K) remains the key foreign market for crude sunflower-seed and safflower oil exports from Colombia.
What is the average export price for crude sunflower-seed and safflower oil in Colombia?
+
The average export price for crude sunflower-seed and safflower oil stood at $539 per tonne in 2020, reducing by -31.5% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Colombia?
+
In 2020, the average import price for crude sunflower-seed and safflower oil amounted to $779 per tonne, reducing by -3.9% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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