Latest Report Update: Feb 21, 2019

Colombia - Figs - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Fig Market Overview 2019

Fig Market Size in Colombia

The revenue of the fig market in Colombia amounted to $X in 2017, remaining stable against the previous year. In general, the total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the fig market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Fig Production in Colombia

Fig production in Colombia totaled X tonnes in 2017, remaining relatively unchanged against the previous year. Overall, the total output indicated a notable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The fig production peaked of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level. Fig output in Colombia indicated a tangible expansion, which was largely conditioned by a perceptible expansion of the harvested area and a moderate increase in yield figures.

Average yield of figs in Colombia totaled X tonne per ha in 2017, growing by X% against the previous year. In general, the yield indicated a moderate increase from 2007 to 2017: its figure increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig yield decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the average fig yield attained its peak figure level of X tonne per ha in 2015; however, from 2016 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of figs production in Colombia stood at X ha, coming down by -X% against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when harvested area increased by X% year-to-year. In that year, the fig harvested area attained their peak figure of X ha. From 2011 to 2017, growth of the fig harvested area failed to regain its momentum.

Fig Exports from Colombia

In 2017, fig exports from Colombia totaled X tonnes, coming up by X% against the previous year. In general, fig exports continue to indicate a moderate drop. The pace of growth was the most pronounced in 2015, when exports increased by X% y-o-y. The exports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, fig exports amounted to $X in 2017. In general, fig exports continue to indicate a modest increase. The exports peaked in 2017, and are likely to see steady growth in the near future.

Fig Exports by Country from Colombia

The Netherlands (X tonnes) was the main destination of fig exports from Colombia, with a X% share of total exports. Moreover, fig exports to the Netherlands exceeded the volume sent to the second major destination, Canada (X tonnes), fourfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Brazil (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for fig exports from Colombia, making up X% of total fig exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2017, the average annual growth rate of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and Canada (+X% per year).

Fig Export Prices by Country in Colombia

The average fig export price stood at $X per tonne in 2017, going up by X% against the previous year. In general, the export price indicated a significant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2013, an increase of X% against the previous year. Over the period under review, the average export prices for figs attained its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the U.S. (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Fig Imports into Colombia

In 2017, approx. X tonnes of figs were imported into Colombia; coming up by X% against the previous year. Overall, fig imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2011, when imports increased by X% y-o-y. The imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, fig imports totaled $X in 2017. Overall, fig imports continue to indicate a skyrocketing increase. Over the period under review, the fig imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Fig Imports by Country into Colombia

In 2017, Turkey (X tonnes) constituted the largest fig supplier to Colombia, with a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second largest supplier, the U.S. (X tonnes), threefold. Italy (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Italy (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of fig to Colombia, making up X% of total fig imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Italy (+X% per year).

Fig Import Prices by Country in Colombia

In 2017, the average fig import price amounted to $X per tonne, surging by X% against the previous year. Overall, fig import price continues to indicate an abrupt reduction. The growth pace was the most rapid in 2008, when the average import prices increased by X% year-to-year. The import price peaked of $X per tonne in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Italy ($X per kg), while prices for fig imports from Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 569 - Figs

This report provides an in-depth analysis of the fig 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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