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Colombia - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Colombia - 2022
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Colombia (FOB) - 2022
- Price for Cereal, Fruit or Nut Chocolate Bar in Colombia (CIF) - 2022
- Exports of Cereal, Fruit or Nut Chocolate Bar in Colombia
- Imports of Cereal, Fruit or Nut Chocolate Bar in Colombia
Price for Cereal, Fruit or Nut Chocolate Bar in Colombia (FOB) - 2022
In February 2022, the average export price for chocolate bars with cereals, fruit or nuts amounted to $5,686 per ton, which is down by -17.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in January 2022 an increase of 60% m-o-m. As a result, the export price attained the peak level of $6,888 per ton, and then shrank notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($24,412 per ton), while the average price for exports to Mexico ($2,730 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal, Fruit or Nut Chocolate Bar in Colombia (CIF) - 2022
In February 2022, the average import price for chocolate bars with cereals, fruit or nuts amounted to $7,137 per ton, growing by 14% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 35% m-o-m. The import price peaked at $8,195 per ton in November 2021; however, from December 2021 to February 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($14,538 per ton), while the price for Brazil ($3,245 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal, Fruit or Nut Chocolate Bar in Colombia
After three years of growth, overseas shipments of chocolate bars with cereals, fruit or nuts decreased by -4.3% to 4.1K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 4.2K tons, and then contracted modestly in the following year.
In value terms, exports of chocolate bars with cereals, fruit or nuts rose sharply to $23M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Cereal, Fruit or Nut Chocolate Bar in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.2 | 5.2 | 6.9 | 9.5 | 22.2% |
Ecuador | 4.4 | 3.9 | 5.7 | 4.7 | 2.2% |
Chile | 1.9 | 2.1 | 2.3 | 1.8 | -1.8% |
Mexico | 2.1 | 1.1 | 1.4 | 1.6 | -8.7% |
Japan | 0.3 | 0.9 | 0.5 | 0.9 | 44.2% |
Panama | 0.9 | 0.7 | 0.9 | 0.8 | -3.9% |
Spain | 0.2 | 0.5 | 0.7 | 0.7 | 51.8% |
Costa Rica | 1.6 | 0.9 | 0.6 | 0.5 | -32.1% |
Others | 1.2 | 1.4 | 1.5 | 2.5 | 27.7% |
Total | 17.8 | 16.7 | 20.6 | 23.1 | 9.1% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Colombia in 2022:
- United States (1470.6 tons)
- Ecuador (953.7 tons)
- Chile (431.7 tons)
- Mexico (357.9 tons)
- Panama (198.6 tons)
- Spain (112.9 tons)
- Japan (112.4 tons)
- Costa Rica (64.7 tons)
Imports of Cereal, Fruit or Nut Chocolate Bar in Colombia
In 2022, approx. 662 tons of chocolate bars with cereals, fruit or nuts were imported into Colombia; reducing by -13.6% compared with the year before. In general, imports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of 766 tons, and then dropped in the following year.
In value terms, imports of chocolate bars with cereals, fruit or nuts stood at $4.7M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 3.1%.
Import of Cereal, Fruit or Nut Chocolate Bar in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,995 | 2,665 | 2,981 | 2,593 | 9.1% |
Switzerland | 337 | 360 | 298 | 661 | 25.2% |
Poland | 123 | N/A | 126 | 347 | 41.3% |
France | 525 | 441 | 241 | 298 | -17.2% |
Mexico | 144 | 122 | 139 | 163 | 4.2% |
Malaysia | 139 | 54.7 | 161 | 147 | 1.9% |
Spain | 221 | 292 | 253 | 143 | -13.5% |
Germany | 176 | 79.2 | 234 | 105 | -15.8% |
Brazil | 708 | 312 | 1.7 | 22.0 | -68.6% |
Others | 309 | 162 | 191 | 191 | -14.8% |
Total | 4,677 | 4,487 | 4,625 | 4,670 | -0.0% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Colombia in 2022:
- United States (352.7 tons)
- Poland (90.6 tons)
- Switzerland (66.0 tons)
- Malaysia (42.8 tons)
- France (30.7 tons)
- Mexico (23.7 tons)
- Germany (12.8 tons)
- Spain (12.3 tons)
- Brazil (4.2 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 2030.
Product coverage:
- Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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