Colombia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Colombia

The Colombian mixes and doughs market expanded significantly to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Mixes and doughs consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Colombia

In value terms, mixes and doughs production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Mixes And Doughs Exports

Exports from Colombia

After five years of growth, shipments abroad of mixes and doughs decreased by X% to X tons in 2022. Over the period under review, exports, however, showed measured growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, mixes and doughs exports dropped significantly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X tons), the United States (X tons) and Chile (X tons) were the main destinations of mixes and doughs exports from Colombia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Ecuador ($X) constituted the largest markets for mixes and doughs exported from Colombia worldwide, with a combined X% share of total exports. Chile, Panama, Peru, Mexico and Venezuela lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Mixes And Doughs Imports

Imports into Colombia

In 2022, supplies from abroad of mixes and doughs increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mixes and doughs imports soared to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Paraguay (X tons) constituted the largest supplier of mixes and doughs to Colombia, accounting for a X% share of total imports. Moreover, mixes and doughs imports from Paraguay exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Paraguay totaled X%.

In value terms, the United States ($X) and Paraguay ($X) were the largest mixes and doughs suppliers to Colombia.

Among the main suppliers, Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Paraguay stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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