Mandarins Price in Colombia - 2022
Contents:
- Mandarins Price in Colombia (CIF) - 2022
- Mandarins Price in Colombia (FOB) - 2022
- Mandarins Imports in Colombia
- Mandarins Exports in Colombia
Mandarins Price in Colombia (CIF) - 2022
In 2022, the average mandarins import price amounted to $420 per ton, approximately equating the previous year. Overall, the import price posted a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $612 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,399 per ton), while the price for Ecuador ($106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Colombia (FOB) - 2022
In 2022, the average mandarins export price amounted to $1,054 per ton, remaining stable against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins export price increased by +50.1% against 2012 indices. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. Over the period under review, the average export prices attained the maximum at $1,060 per ton in 2021, and then fell in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,057 per ton), while the average price for exports to Aruba ($1,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Mandarins Imports in Colombia
Mandarins imports into Colombia fell remarkably to 3.2K tons in 2022, which is down by -17.3% on 2021 figures. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of 3.9K tons, and then shrank significantly in the following year.
In value terms, mandarins imports fell notably to $1.3M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $1.6M, and then contracted sharply in the following year.
| Import of Mandarins in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 633 | 666 | 798 | 701 | 3.5% |
| Spain | 214 | 155 | 300 | 263 | 7.1% |
| Ecuador | 299 | 105 | 290 | 255 | -5.2% |
| Chile | 67.4 | 122 | 61.7 | 70.7 | 1.6% |
| Others | 69.4 | 27.1 | 164 | 54.0 | -8.0% |
| Total | 1,283 | 1,075 | 1,614 | 1,344 | 1.6% |
Top Suppliers of Mandarins to Colombia in 2022:
- Ecuador (2413.9 tons)
- Peru (534.8 tons)
- Spain (188.1 tons)
- Chile (44.0 tons)
Mandarins Exports in Colombia
In 2022, the amount of fruit, edible exported from Colombia soared to 340 tons, increasing by 56% against the year before. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 128%. As a result, the exports attained the peak of 461 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, mandarins exports soared to $358K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 139%. As a result, the exports reached the peak of $485K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Mandarins in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 94.5 | 360 | 76.4 | 235 | 35.5% |
| United States | 103 | 96.0 | 38.3 | 95.1 | -2.6% |
| Aruba | 5.2 | 28.2 | 11.5 | 28.1 | 75.5% |
| Others | 0.1 | N/A | 105 | N/A | 3140.4% |
| Total | 203 | 485 | 232 | 358 | 20.8% |
Top Export Markets for Mandarins from Colombia in 2022:
- France (222.3 tons)
- United States (89.9 tons)
- Aruba (27.5 tons)
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