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Colombia - Wine - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Wine Market Overview 2019

Wine Market Size in Colombia

The revenue of the wine market in Colombia amounted to $X in 2018, dropping by -X% against the previous year. Overall, the total market indicated a notable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine consumption decreased by -X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Wine consumption peaked at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Wine Production in Colombia

In value terms, wine production totaled $X in 2018 estimated in export prices. Overall, wine production continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2015 when production volume increased by X% year-to-year. Over the period under review, wine production reached its maximum level at $X in 2017, and then declined slightly in the following year.

Wine Exports

Exports from Colombia

Wine exports from Colombia amounted to X tonnes in 2018, remaining relatively unchanged against the previous year. Over the period under review, wine exports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, wine exports totaled $X in 2018. Over the period under review, wine exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, wine exports attained their peak of $X. From 2013 to 2018, the growth of wine exports failed to regain its momentum.

Exports by Country

Aruba (X tonnes) was the main destination for wine exports from Colombia, accounting for a X% share of total exports. Moreover, wine exports to Aruba exceeded the volume sent to the second major destination, Panama (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Aruba amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-X% per year) and the U.S. (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Aruba totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Guatemala (+X% per year).

Export Prices by Country

In 2018, the average wine export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the wine export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for wine reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Norway ($X per tonne), while the average price for exports to Panama ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Suriname, while the prices for the other major destinations experienced a decline.

Wine Imports

Imports into Colombia

In 2018, approx. X tonnes of wine were imported into Colombia; rising by X% against the previous year. Over the period under review, the total imports indicated a tangible expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, wine imports reached their maximum at X tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, wine imports totaled $X in 2018. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine imports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, wine imports attained their maximum at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Chile (X tonnes) constituted the largest supplier of wine to Colombia, accounting for a X% share of total imports. Moreover, wine imports from Chile exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), fourfold. Spain (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Chile totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Spain (+X% per year).

In value terms, Chile ($X) constituted the largest supplier of wine to Colombia, comprising X% of total wine imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Chile stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average wine import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for wine reached their maximum at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, 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 more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 564 - Wine

This report provides an in-depth analysis of the wine 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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