Colombia: Overview of the Market for Rape Or Colza Seed 2021

Market Size for Rape Or Colza Seed in Colombia

The Colombian rape and colza seed market reduced slightly to $X in 2020, remaining relatively unchanged 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). In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market remained at a lower figure.

Exports of Rape Or Colza Seed

Exports from Colombia

In 2020, exports of rape or colza seed from Colombia stood at X kg, therefore, remained relatively stable against 2019. Over the period under review, exports showed a dramatic downturn. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, rape and colza seed exports stood at $X in 2020. Overall, exports recorded a sharp contraction. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for rape and colza seed exports from Colombia, with a X% share of total exports. Moreover, rape and colza seed exports to the Netherlands exceeded the volume sent to the second major destination, Bangladesh (X kg), more than tenfold.

From 2007 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2007 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average rape and colza seed export price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the export price saw a sharp curtailment. Over the period under review, average export prices reached the maximum at $X per tonne in 2010; however, from 2011 to 2015, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bangladesh ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2007 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Imports of Rape Or Colza Seed

Imports into Colombia

In 2020, rape and colza seed imports into Colombia was estimated at X tonnes, remaining relatively unchanged against 2019. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, rape and colza seed imports fell modestly to $X in 2020. Over the period under review, imports saw a slight decrease. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Canada (X tonnes) was the main rape and colza seed supplier to Colombia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of rape and colza seed to Colombia.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada was relatively modest.

Import Prices by Country

In 2020, the average rape and colza seed import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2007 to 2020, the rate of growth in terms of prices for Canada amounted to -X% per year.

Source: IndexBox AI Platform