Colombia: Candied Fruit Market 2024

Candied Fruit Market Size in Colombia

The Colombian candied fruit market stood at $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Candied Fruit Production in Colombia

In value terms, candied fruit production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of candied fruits in Colombia was estimated at less than X kg per ha in 2022, approximately mirroring 2021. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of candied fruits were harvested in Colombia; standing approx. at 2021 figures. Overall, the harvested area showed a relatively flat trend pattern.

Candied Fruit Exports

Exports from Colombia

In 2022, candied fruit exports from Colombia skyrocketed to X tons, growing by X% on 2021 figures. Overall, exports saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, candied fruit exports stood at $X in 2022. In general, exports showed resilient growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for candied fruit exports from Colombia, accounting for a X% share of total exports. Moreover, candied fruit exports to the United States exceeded the volume sent to the second major destination, Spain (X tons), eightfold.

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

In value terms, the United States ($X) remains the key foreign market for candied fruits exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports.

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: Spain (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average candied fruit export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a mild downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Candied Fruit Imports

Imports into Colombia

Candied fruit imports into Colombia fell rapidly to X tons in 2022, declining by X% compared with the year before. Over the period under review, imports, however, posted a measured increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, candied fruit imports dropped to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest candied fruit supplier to Colombia, with a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. The third position in this ranking was held by Spain (X tons), with a X% share.

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

In value terms, the largest candied fruit suppliers to Colombia were China ($X), the United States ($X) and Peru ($X), together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, import price indicated a measured expansion 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, candied fruit import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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