Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia - 2022

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (FOB) - 2022
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (CIF) - 2022
  3. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia
  4. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (FOB) - 2022

The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $4,847 per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Curacao.

From 2012 to 2022, the rate of growth in terms of prices for Curacao amounted to +2.3% per year.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (CIF) - 2022

In 2022, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $19,223 per ton, picking up by 29% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for meat of sheep or goats; fresh, chilled or frozen increased by +84.3% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37%. The import price peaked at $21,814 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.7% per year.

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia

For the third consecutive year, Colombia recorded decline in shipments abroad of meat of sheep or goats; fresh, chilled or frozen, which decreased by -17.8% to 37 tons in 2022. Overall, exports continue to indicate a abrupt descent. The smallest decline of -9.3% was in 2020.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen contracted to $179K in 2022. In general, exports saw a drastic downturn. The smallest decline of -3.8% was in 2021.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Curacao209201193179-5.0%
OthersN/AN/AN/AN/A0%
Total209201193179-5.0%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Colombia in 2022:

  1. Curacao (37.0 tons)

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia

In 2022, supplies from abroad of meat of sheep or goats; fresh, chilled or frozen increased by 488% to 7.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $142K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile14.433.78.5142114.4%
Argentina2.16.95.9N/A67.6%
Belgium49.3N/AN/AN/A0%
Germany0.61.72.8N/A116.0%
United States0.31.41.4N/A116.0%
Others0.2N/A0.1N/A-29.3%
Total66.943.818.714228.5%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Colombia in 2022:

  1. Chile (7.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of sheep or goats; fresh, chilled or frozen - Colombia