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Colombia - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Oleo Oils Market Overview 2021

Oleo Oils Market Size in Colombia

After three years of decline, the Colombian oleo oils market increased by X% to $X in 2020. In general, consumption, however, recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Oleo Oils Exports

Exports from Colombia

In 2020, exports of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Colombia was estimated at X kg, approximately mirroring 2019. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. from 2012 to 2020, the growth exports remained at a lower figure.

In value terms, oleo oils exports amounted to $X in 2020. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Chile (X tonnes) and Peru (X tonnes) were the main destinations of oleo oils exports from Colombia.

From 2007 to 2014, the biggest increases were in Peru.

In value terms, Peru ($X) emerged as the key foreign market for oleo oils exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2014, the average annual rate of growth in terms of value to Peru was relatively modest.

Export Prices by Country

In 2014, the average oleo oils export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The export price peaked at $X per tonne in 2008; however, from 2009 to 2014, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2014, the country with the highest price was Peru ($X per tonne), while the average price for exports to Chile totaled $X per tonne.

From 2007 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Peru.

Oleo Oils Imports

Imports into Colombia

In 2020, overseas purchases of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were finally on the rise to reach X tonnes for the first time since 2016, thus ending a three-year declining trend. In general, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, oleo oils imports reached $X in 2020. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) was the main oleo oils supplier to Colombia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of oleo oils to Colombia.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. amounted to -X%.

Import Prices by Country

In 2020, the average oleo oils import price amounted to $X per tonne, leveling off at the previous year. Overall, import price indicated a notable increase from 2007 to 2020: its price 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. Based on 2020 figures, oleo oils import price decreased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?
+
The countries with the highest volumes of oleo oils consumption in 2020 were Ireland (75K tonnes), the U.S. (44K tonnes) and the UK (35K tonnes), together accounting for 53% of global consumption. Malaysia, Sudan, Belgium and Egypt lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?
+
The countries with the highest volumes of oleo oils production in 2020 were the UK (90K tonnes), Ireland (72K tonnes) and the U.S. (54K tonnes), with a combined 74% share of global production.
What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Colombia?
+
In value terms, the U.S. ($11K) constituted the largest supplier of oleo oils to Colombia.
What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Colombia?
+
In value terms, Peru ($3.3K) emerged as the key foreign market for oleo oils exports from Colombia, comprising 74% of total exports. The second position in the ranking was occupied by Chile ($1.2K), with a 26% share of total exports.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Colombia?
+
In 2014, the average oleo oils export price amounted to $1,970 per tonne, growing by 25% against the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Colombia?
+
The average oleo oils import price stood at $2,468 per tonne in 2020, leveling off at the previous year.

Product coverage:
• Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

This report provides an in-depth analysis of the oleo oils 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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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