Latest Report Update: Feb 23, 2021

Colombia - Wheat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Colombia: Wheat Market Overview 2021

Webinar: Global Sugar Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global sugar market.

Thursday, April 1st, 2021 @ 10:00 am ET

Register Now

Wheat Market Size in Colombia

In 2019, the Colombian wheat market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Wheat Production in Colombia

In value terms, wheat production expanded remarkably to $X in 2019 estimated in export prices. In general, production continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Wheat production peaked at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

In 2019, the average yield of wheat in Colombia declined modestly to X tonnes per ha, approximately reflecting the year before. In general, the yield showed a slight contraction. The most prominent rate of growth was recorded in 2015 when the yield increased by X% year-to-year. The wheat yield peaked at X tonnes per ha in 2007; however, from 2008 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of wheat production in Colombia contracted to X ha, dropping by -X% against the previous year. Overall, the harvested area showed a abrupt setback. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% year-to-year. The wheat harvested area peaked at X ha in 2008; however, from 2009 to 2019, the harvested area failed to regain the momentum.

Wheat Exports

Exports from Colombia

In 2019, approx. X kg of wheat were exported from Colombia; remaining relatively unchanged against 2018. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, wheat exports stood at $X in 2019. Overall, exports recorded a relatively flat trend pattern.

Wheat Imports

Imports into Colombia

In 2019, overseas purchases of wheat were finally on the rise to reach X tonnes after two years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, wheat imports rose significantly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

Canada (X tonnes) and the U.S. (X tonnes) were the main suppliers of wheat imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada.

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

From 2007 to 2019, the average annual growth rate of value from Canada amounted to +X%.

Import Prices by Country

The average wheat import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price showed a slight setback. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Canada ($X per tonne), while the price for the U.S. totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat in the world?
+
The countries with the highest volumes of wheat consumption in 2019 were China (137M tonnes), India (102M tonnes) and Russia (43M tonnes), together accounting for 38% of global consumption. These countries were followed by the U.S., Turkey, Pakistan, Egypt, Germany, France, Iran, Italy, the UK and Spain, which together accounted for a further 26%.
What are the largest producers of wheat in the world?
+
The countries with the highest volumes of wheat production in 2019 were China (134M tonnes), India (102M tonnes) and Russia (75M tonnes), with a combined 41% share of global production. These countries were followed by the U.S., France, Canada, Ukraine, Pakistan, Australia, Turkey, Germany, Argentina and Iran, which together accounted for a further 35%.
What are the leading suppliers of wheat to Colombia?
+
In value terms, Canada ($311M) constituted the largest supplier of wheat to Colombia, comprising 67% of total imports. The second position in the ranking was occupied by the U.S. ($149M), with a 32% share of total imports.
What is the average import price for wheat in Colombia?
+
The average wheat import price stood at $244 per tonne in 2019, which is down by -2.8% against the previous year.

Product coverage:
• FCL 15 - Wheat

This report provides an in-depth analysis of the wheat 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Thursday, April 1st, 2021 @ 10:00 am ET


Register

Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 10:00 am ET


Register

Webinar: Global MDF Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global MDF market.



Thursday, March 25th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data