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Colombia - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Potato Chips Market Overview 2021

Potato Chips Market Size in Colombia

The Colombian potato chips market stood at $X in 2019, surging by X% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to see steady growth in years to come.

Potato Chips Production in Colombia

In value terms, potato chips production expanded slightly to $X in 2019 estimated in export prices. In general, the total production indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Potato chips production peaked in 2019 and is expected to retain growth in the immediate term.

Potato Chips Exports

Exports from Colombia

In 2019, overseas shipments of potato chips increased by X% to X tonnes for the first time since 2012, thus ending a six-year declining trend. Overall, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, potato chips exports dropped to $X in 2019. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Panama (X tonnes), Venezuela (X tonnes) and the U.S. (X tonnes) were the main destinations of potato chips exports from Colombia, with a combined X% share of total exports. Chile lagged somewhat behind, accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, Panama ($X) remains the key foreign market for potato chips exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Venezuela, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Panama stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Venezuela (-X% per year).

Export Prices by Country

The average potato chips export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

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

Potato Chips Imports

Imports into Colombia

In 2019, after two years of decline, there was significant growth in purchases abroad of potato chips, when their volume increased by X% to X tonnes. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, potato chips imports surged to $X in 2019. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest potato chips supplier to Colombia, with a X% share of total imports. Moreover, potato chips imports from the U.S. exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), more than tenfold.

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

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

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

Import Prices by Country

In 2019, the average potato chips import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, import price indicated resilient growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, potato chips import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potato chips in the world?
+
The countries with the highest volumes of potato chips consumption in 2019 were the U.S. (2.6M tonnes), China (2.1M tonnes) and India (855K tonnes), with a combined 36% share of global consumption. These countries were followed by Japan, Germany, Brazil, Pakistan, Indonesia, Bangladesh, Mexico, Nigeria, Italy and France, which together accounted for a further 24%.
What are the largest producers of potato chips in the world?
+
The countries with the highest volumes of potato chips production in 2019 were the U.S. (2.6M tonnes), China (2.1M tonnes) and India (854K tonnes), together comprising 36% of global production. Japan, Brazil, the Netherlands, Germany, Pakistan, Indonesia, Bangladesh, Mexico, Nigeria and Ethiopia lagged somewhat behind, together comprising a further 24%.
What are the leading suppliers of potato chips to Colombia?
+
In value terms, the U.S. ($3.2M) constituted the largest supplier of potato chips to Colombia, comprising 88% of total imports. The second position in the ranking was occupied by Spain ($187K), with a 5.1% share of total imports.
What are the leading importers of potato chips from Colombia?
+
In value terms, Panama ($889K) remains the key foreign market for potato chips exports from Colombia, comprising 60% of total exports. The second position in the ranking was occupied by the U.S. ($261K), with a 17% share of total exports. It was followed by Venezuela, with a 15% share.
What is the average export price for potato chips in Colombia?
+
The average potato chips export price stood at $4,510 per tonne in 2019, declining by -15.9% against the previous year.
What is the average import price for potato chips in Colombia?
+
The average potato chips import price stood at $4,856 per tonne in 2019, with an increase of 15% against the previous year.

Product coverage:
• Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)

This report provides an in-depth analysis of the potato chips 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 2007–2020
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

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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