Colombia: Market for Rape Or Colza Seed 2022

Market Size for Rape Or Colza Seed in Colombia

The Colombian rape and colza seed market reduced notably to $X in 2021, dropping 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). In general, consumption, however, saw a abrupt contraction. Rape and colza seed consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Exports of Rape Or Colza Seed

Exports from Colombia

Rape and colza seed exports from Colombia amounted to less than X kg in 2021, approximately mirroring the year before. Overall, exports saw a relatively flat trend pattern. The exports peaked at X kg in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, rape and colza seed exports totaled $less than X in 2021. In general, exports saw a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for rape and colza seed exports from Colombia, accounting for 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 2012 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average rape and colza seed export price stood at $X per tonne in 2015, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure in 2015 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2015, the country with the highest price was Bangladesh ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Imports of Rape Or Colza Seed

Imports into Colombia

After two years of decline, purchases abroad of rape or colza seed increased by X% to X tonnes in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, rape and colza seed imports contracted significantly to $X in 2021. In general, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tonnes) was the main rape and colza seed supplier to Colombia, with a approx. X% share of total imports.

From 2012 to 2021, 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 2012 to 2021, the average annual growth rate of value from Canada totaled -X%.

Import Prices by Country

The average rape and colza seed import price stood at $X per tonne in 2021, which is down by -X% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -X% per year.

Source: IndexBox Platform