Flakes; of Potatoes Price in Colombia - 2021

Flakes; of Potatoes Price in Colombia (CIF) - 2022

The average flakes; of potatoes import price stood at $1,232 per ton in 2022, picking up by 3.2% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2014 when the average import price increased by 33%. As a result, import price attained the peak level of $2,900 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($2,673 per ton), while the price for the United States ($526 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.3%), while the prices for the other major suppliers experienced a decline.

Flakes; of Potatoes Price in Colombia (FOB) - 2022

In 2021, the average flakes; of potatoes export price amounted to $1,401 per ton, with an increase of 6.9% against the previous year. Over the last one years, it increased at an average annual rate of +6.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($1,503 per ton), while the average price for exports to Guatemala amounted to $815 per ton.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Colombia

Flakes; of potatoes imports into Colombia contracted dramatically to 53 tons in 2022, which is down by -43.3% on 2021. Over the period under review, imports, however, saw a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 651%. As a result, imports reached the peak of 93 tons, and then dropped markedly in the following year.

In value terms, flakes; of potatoes imports declined dramatically to $65K in 2022. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 492% against the previous year. As a result, imports reached the peak of $111K, and then dropped sharply in the following year.

Import of Flakes; of Potatoes in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	26.6	8.5	52.7	30.1	4.2%
United States	19.7	5.0	24.8	11.3	-16.9%
Belgium	10.2	2.4	10.0	8.7	-5.2%
Spain	3.1	0.9	5.3	2.8	-3.3%
Germany	2.7	0.7	3.3	1.3	-21.6%
Others	13.9	1.1	14.9	10.7	-8.4%
Total	76.1	18.8	111	64.9	-5.2%

Top Suppliers of Flakes; of Potatoes to Colombia in 2022:

United States (21.4 tons)
Argentina (11.3 tons)
Belgium (7.6 tons)
Spain (1.6 tons)
Germany (1.5 tons)

Flakes; of Potatoes Exports in Colombia

Flakes; of potatoes exports from Colombia skyrocketed to 436 kg in 2021, with an increase of 129% compared with 2020 figures. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flakes; of potatoes exports skyrocketed to $611 in 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.