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Colombia - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Tomato Juice Market Overview 2021

Tomato Juice Market Size in Colombia

The Colombian tomato juice market surged to $X in 2020, increasing 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). Over the period under review, consumption showed significant growth. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Tomato Juice Exports

Exports from Colombia

In 2020, overseas shipments of tomato juice decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, tomato juice exports contracted dramatically to $X in 2020. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for tomato juice exports from Colombia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at -X%.

In value terms, the U.S. ($X) also remains the key foreign market for tomato juice exports from Colombia.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled -X%.

Export Prices by Country

The average tomato juice export price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Tomato Juice Imports

Imports into Colombia

In 2020, imports of tomato juice into Colombia soared to X tonnes, jumping by X% compared with 2019. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, tomato juice imports rose to $X in 2020. Over the period under review, imports recorded a perceptible expansion. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

Panama (X tonnes), the U.S. (X tonnes) and the UK (X kg) were the main suppliers of tomato juice imports to Colombia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of tomato juice to Colombia, comprising X% of total imports. The second position in the ranking was occupied by Panama ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+X% per year) and the UK (+X% per year).

Import Prices by Country

The average tomato juice import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Panama ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?
+
The countries with the highest volumes of tomato juice consumption in 2020 were India (110K tonnes), Japan (72K tonnes) and Canada (60K tonnes), with a combined 53% share of global consumption.
What are the largest producers of tomato juice in the world?
+
The countries with the highest volumes of tomato juice production in 2020 were India (109K tonnes), Japan (68K tonnes) and Canada (61K tonnes), together accounting for 52% of global production.
What are the leading suppliers of tomato juice to Colombia?
+
In value terms, the U.S. ($12K) constituted the largest supplier of tomato juice to Colombia, comprising 78% of total imports. The second position in the ranking was occupied by Panama ($2K), with a 13% share of total imports. It was followed by the UK, with a 6.5% share.
What are the leading importers of tomato juice from Colombia?
+
In value terms, the U.S. ($2.5K) remains the key foreign market for tomato juice exports from Colombia.
What is the average export price for tomato juice in Colombia?
+
The average tomato juice export price stood at $1,760 per tonne in 2020, declining by -3.4% against the previous year.
What is the average import price for tomato juice in Colombia?
+
The average tomato juice import price stood at $921 per tonne in 2020, which is down by -18.5% against the previous year.

Product coverage:
• FCL 390 - Juice of Tomatoes

This report provides an in-depth analysis of the tomato juice 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

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 2030
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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