Colombia: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Colombia

The Colombian market for tree, flower and other seeds, fruits and spores for sowing soared to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a resilient increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports from Colombia

Exports of tree, flower and other seeds, fruits and spores for sowing from Colombia soared to X tons in 2022, with an increase of X% on 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing shrank to $X in 2022. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Costa Rica (X tons) was the main destination for exports of tree, flower and other seeds, fruits and spores for sowing from Colombia, accounting for a X% share of total exports. Moreover, exports of tree, flower and other seeds, fruits and spores for sowing to Costa Rica exceeded the volume sent to the second major destination, Curacao (X kg), more than tenfold.

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

In value terms, Costa Rica ($X) remains the key foreign market for tree, flower and other seeds, fruits and spores for sowing exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Curacao ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Costa Rica totaled X%.

Export Prices by Country

In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Curacao totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced a decline.

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports into Colombia

Imports of tree, flower and other seeds, fruits and spores for sowing into Colombia soared to X tons in 2022, jumping by X% on the previous year. Over the period under review, imports saw a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing skyrocketed to $X in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest tree, flower and other seeds, fruits and spores for sowing supplier to Colombia, with a X% share of total imports. Moreover, imports of tree, flower and other seeds, fruits and spores for sowing from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. Israel (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Israel (X% per year).

In value terms, the largest tree, flower and other seeds, fruits and spores for sowing suppliers to Colombia were the United States ($X), Peru ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports. Spain, Israel, Costa Rica and Italy lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average import price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Taiwan (Chinese) ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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