Colombia: Grapefruit Market Overview 2021

Grapefruit Market Size in Colombia

The Colombian grapefruit market contracted to $X in 2020, approximately equating the previous year. Overall, consumption posted a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X, leveling off in the following year.

Grapefruit Production in Colombia

In value terms, grapefruit production reached $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2016 to 2020, production growth remained at a lower figure.

The average yield of grapefruits in Colombia amounted to X kg per ha in 2020, flattening at 2019. In general, the yield showed 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.

The grapefruit harvested area in Colombia totaled X ha in 2020, almost unchanged from the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Grapefruit Exports

Exports from Colombia

In 2020, exports of grapefruits from Colombia expanded sharply to X tonnes, increasing by X% on 2019. In general, exports recorded temperate growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, grapefruit exports fell remarkably to $X in 2020. Over the period under review, exports saw a pronounced increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports failed to regain the momentum.

Exports by Country

France (X tonnes) was the main destination for grapefruit exports from Colombia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to France totaled +X%.

In value terms, France ($X) also remains the key foreign market for grapefruit exports from Colombia.

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

Export Prices by Country

The average grapefruit export price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

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

Grapefruit Imports

Imports into Colombia

Grapefruit imports into Colombia totaled X tonnes in 2020, growing by X% against 2019. Overall, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, grapefruit imports rose markedly to $X in 2020. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

Imports by Country

Peru (X tonnes), Chile (X tonnes) and the U.S. (X tonnes) were the main suppliers of grapefruit imports to Colombia.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru, while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and the U.S. ($X) were the largest grapefruit suppliers to Colombia.

Peru saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average grapefruit import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2019, and then contracted modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform