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Colombia - Frozen Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Frozen Vegetables Market Overview 2021

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Frozen Vegetables Market Size in Colombia

In 2019, the Colombian frozen vegetables market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Frozen Vegetables Production in Colombia

In value terms, frozen vegetables production skyrocketed to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Frozen Vegetables Exports

Exports from Colombia

In 2019, shipments abroad of frozen vegetables and mixtures of vegetables increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports posted a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, frozen vegetables exports skyrocketed to $X in 2019. Over the period under review, exports enjoyed prominent growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X tonnes) was the main destination for frozen vegetables exports from Colombia, accounting for a X% share of total exports. Moreover, frozen vegetables exports to the U.S. exceeded the volume sent to the second major destination, Canada (X tonnes), threefold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Belgium (X% per year).

In value terms, the U.S. ($X) remains the key foreign market for frozen vegetables exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Belgium (X% per year).

Export Prices by Country

The average frozen vegetables export price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2007; afterwards, it flattened through to 2019.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Frozen Vegetables Imports

Imports into Colombia

In 2019, imports of frozen vegetables and mixtures of vegetables into Colombia expanded markedly to X tonnes, increasing by X% on 2018 figures. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, frozen vegetables imports rose sharply to $X in 2019. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tonnes), the U.S. (X tonnes) and Chile (X tonnes) were the main suppliers of frozen vegetables imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Belgium (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen vegetables suppliers to Colombia were Belgium ($X), the U.S. ($X) and Chile ($X), together accounting for X% of total imports.

Belgium (+X% per year) saw the highest rates of growth with regard to 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

The average frozen vegetables import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, 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 frozen vegetables and mixtures of vegetables in the world?
+
The countries with the highest volumes of frozen vegetables consumption in 2019 were China (5.7M tonnes), the U.S. (3M tonnes) and India (2.4M tonnes), together accounting for 29% of global consumption. Japan, Pakistan, Brazil, Russia, Bangladesh, Indonesia, Mexico, Nigeria, France and Italy lagged somewhat behind, together comprising a further 25%.
What are the largest producers of frozen vegetables and mixtures of vegetables in the world?
+
China (6.8M tonnes) remains the largest frozen vegetables producing country worldwide, accounting for 17% of total volume. Moreover, frozen vegetables production in China exceeded the figures recorded by the second-largest producer, India (2.4M tonnes), threefold. The U.S. (2.3M tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of frozen vegetables and mixtures of vegetables to Colombia?
+
In value terms, Belgium ($6.7M), the U.S. ($6.5M) and Chile ($583K) appeared to be the largest frozen vegetables suppliers to Colombia, together comprising 97% of total imports.
What are the leading importers of frozen vegetables and mixtures of vegetables from Colombia?
+
In value terms, the U.S. ($289K) remains the key foreign market for frozen vegetables exports from Colombia, comprising 61% of total exports. The second position in the ranking was occupied by Canada ($83K), with a 18% share of total exports. It was followed by Belgium, with a 14% share.
What is the average export price for frozen vegetables and mixtures of vegetables in Colombia?
+
In 2019, the average frozen vegetables export price amounted to $2,583 per tonne, increasing by 45% against the previous year.
What is the average import price for frozen vegetables and mixtures of vegetables in Colombia?
+
In 2019, the average frozen vegetables import price amounted to $1,161 per tonne, falling by -3.5% against the previous year.

Product coverage:
• Prodcom 10391100 - Frozen vegetables and mixtures of vegetables, uncooked or cooked by steaming or boiling in water (excluding potatoes)

This report provides an in-depth analysis of the frozen vegetables 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
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 2007–2019
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:
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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