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Colombia - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Nuts Market Overview 2021

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Nuts Market Size in Colombia

The Colombian nuts market rose significantly to $X in 2019, surging by X% against the previous year. Overall, the total consumption indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level in 2019 and is likely to continue growth in years to come.

Nuts Production in Colombia

In value terms, nuts production expanded sharply to $X in 2019 estimated in export prices. Over the period under review, the total production indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2019 and is expected to retain growth in years to come.

Nuts Exports

Exports from Colombia

In 2019, shipments abroad of nuts (prepared or preserved) increased by X% to X tonnes, rising for the second consecutive year after four years of decline. In general, exports saw perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, nuts exports rose remarkably to $X in 2019. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Peru (X tonnes), the U.S. (X tonnes) and Mexico (X tonnes) were the main destinations of nuts exports from Colombia, together accounting for X% of total exports. Ecuador, Canada, Barbados and Brazil lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Brazil (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nuts exported from Colombia were the U.S. ($X), Mexico ($X) and Ecuador ($X), together comprising X% of total exports. Peru, Canada, Barbados and Brazil lagged somewhat behind, together accounting for a further X the main countries of destination, Brazil (+X% per year) recorded 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

In 2019, the average nuts export price amounted to $X per tonne, approximately equating the previous year. In general, export price indicated a pronounced expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, nuts export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Brazil ($X per tonne), while the average price for exports to Peru ($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 Ecuador, while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Colombia

In 2019, approx. X tonnes of nuts (prepared or preserved) were imported into Colombia; increasing by X% against the previous year. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, nuts imports skyrocketed to $X in 2019. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest nuts supplier to Colombia, with a X% share of total imports. Moreover, nuts imports from the U.S. exceeded the figures recorded by the second-largest supplier, Costa Rica (X tonnes), sixfold. Brazil (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and Brazil (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of nuts to Colombia, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Brazil (+X% per year).

Import Prices by Country

The average nuts import price stood at $X per tonne in 2019, picking up 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 2015 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nuts (prepared or preserved) in the world?
+
The countries with the highest volumes of nuts consumption in 2019 were China (1.3M tonnes), the U.S. (711K tonnes) and Turkey (637K tonnes), together comprising 28% of global consumption. These countries were followed by India, Japan, Pakistan, Russia, Brazil, Indonesia, Italy, Bangladesh, France and Mexico, which together accounted for a further 29%.
What are the largest producers of nuts (prepared or preserved) in the world?
+
The countries with the highest volumes of nuts production in 2019 were China (1.4M tonnes), Turkey (766K tonnes) and the U.S. (757K tonnes), together accounting for 31% of global production. India, Russia, Pakistan, Japan, Brazil, Indonesia, Italy, Bangladesh, Mexico and France lagged somewhat behind, together accounting for a further 29%.
What are the leading suppliers of nuts (prepared or preserved) to Colombia?
+
In value terms, the U.S. ($7.2M) constituted the largest supplier of nuts to Colombia, comprising 75% of total imports. The second position in the ranking was occupied by Chile ($620K), with a 6.5% share of total imports. It was followed by Brazil, with a 6.1% share.
What are the leading importers of nuts (prepared or preserved) from Colombia?
+
In value terms, the largest markets for nuts exported from Colombia were the U.S. ($478K), Mexico ($400K) and Ecuador ($397K), with a combined 60% share of total exports. These countries were followed by Peru, Canada, Barbados and Brazil, which together accounted for a further 34%.
What is the average export price for nuts (prepared or preserved) in Colombia?
+
The average nuts export price stood at $5,826 per tonne in 2019, remaining constant against the previous year.
What is the average import price for nuts (prepared or preserved) in Colombia?
+
The average nuts import price stood at $7,633 per tonne in 2019, with an increase of 18% against the previous year.

Product coverage:
• Prodcom 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)

This report provides an in-depth analysis of the nuts 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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