Colombia - Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

Colombia: Orange Juice Market Overview 2019

Orange Juice Market Size in Colombia

The revenue of the orange juice market in Colombia amounted to $X in 2017, shrinking by -X% against the previous year. Overall, orange juice consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Over the period under review, the orange juice market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Orange Juice Production in Colombia

In 2017, approx. X kg of orange juice were produced in Colombia; approximately mirroring the previous year. In general, orange juice production continues to indicate a relatively flat trend pattern.

Orange Juice Exports from Colombia

In 2017, exports of orange juice from Colombia totaled X tonnes, increasing by X% against the previous year. Overall, orange juice exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Colombia exports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, orange juice exports totaled $X in 2017. In general, orange juice exports continue to indicate a relatively flat trend pattern. Colombia exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Orange Juice Exports by Country from Colombia

Brazil was the largest exporting country with an export of around X tonnes, which finished at X% of total exports. Belgium (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (X%), the U.S. (X%), Germany (X%) and Spain (X%). Mexico (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to orange juice exports from Brazil stood at +X%. At the same time, Mexico (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands, Spain and Belgium experienced a relatively flat trend pattern. By contrast, Germany (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of the U.S. (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mexico (-X%) and Brazil (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest orange juice supplier from Colombia, making up X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Brazil, orange juice exports remained relatively stable over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-X% per year) and the Netherlands (+X% per year).

Orange Juice Export Prices by Country in Colombia

The orange juice export price in Colombia stood at $X per tonne in 2017, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015, when the export prices increased by X% against the previous year. In that year, the export prices for orange juice reached their peak level of $X per tonne. From 2016 to 2017, growth of the export prices for orange juice failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per tonne), while Germany ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Orange Juice Imports into Colombia

In 2017, imports of orange juice into Colombia stood at X tonnes, coming down by -X% against the previous year. In general, orange juice imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011, when imports increased by X% y-o-y. Over the period under review, the orange juice imports reached its maximum volume of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, orange juice imports amounted to $X in 2017. Overall, orange juice imports continue to indicate a remarkable growth. Colombia imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Orange Juice Imports by Country into Colombia

The countries with the highest levels of orange juice imports in 2017 were Belgium (X tonnes), the U.S. (X tonnes), France (X tonnes), the Netherlands (X tonnes), the UK (X tonnes) and Germany (X tonnes), together finishing at X% of total import. Canada (X tonnes) held the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice markets worldwide were Belgium ($X), the U.S. ($X) and the Netherlands ($X), together comprising X% of total imports. France, Germany, the UK, Canada and Colombia lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Colombia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Orange Juice Import Prices by Country in Colombia

In 2017, the orange juice import price in Colombia amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017, when the import prices increased by X% year-to-year. In that year, the import prices for orange juice reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform