Colombia - Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Orange Juice (Single Strength) in Colombia - 2022
Contents:
- Price for Orange Juice (Single Strength) in Colombia (CIF) - 2022
- Price for Orange Juice (Single Strength) in Colombia (FOB) - 2022
- Imports of Orange Juice (Single Strength) in Colombia
- Exports of Orange Juice (Single Strength) in Colombia
Price for Orange Juice (Single Strength) in Colombia (CIF) - 2022
The average orange juice (single strength) import price stood at $1,326 per ton in 2022, which is down by -12.5% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange juice (single strength) import price increased by +1.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47% against the previous year. The import price peaked at $1,548 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($1,648 per ton), while the price for Brazil ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Orange Juice (Single Strength) in Colombia (FOB) - 2022
The average orange juice (single strength) export price stood at $1,176 per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2014 when the average export price increased by 15%. As a result, the export price attained the peak level of $1,302 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,141 per ton), while the average price for exports to Canada ($500 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 (+15.2%), while the prices for the other major destinations experienced a decline.
Imports of Orange Juice (Single Strength) in Colombia
In 2022, overseas purchases of orange juice (single strength) were finally on the rise to reach 285 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic curtailment.
In value terms, orange juice (single strength) imports skyrocketed to $378K in 2022. In general, imports, however, continue to indicate a sharp decline.
Import of Orange Juice (Single Strength) in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 841 | 570 | 104 | 315 | -27.9% |
Costa Rica | 4.0 | 6.0 | 8.5 | 22.9 | 78.9% |
Brazil | 14.3 | 9.8 | 4.6 | 15.1 | 1.8% |
Spain | 18.0 | 15.6 | 4.2 | 13.5 | -9.1% |
Germany | 12.9 | 8.4 | 0.6 | 1.9 | -47.2% |
Others | 36.0 | 20.7 | 3.7 | 9.9 | -35.0% |
Total | 927 | 631 | 125 | 378 | -25.8% |
Top Suppliers of Orange Juice (Single Strength) to Colombia in 2022:
- United States (216.0 tons)
- Brazil (23.7 tons)
- Costa Rica (13.9 tons)
- Spain (12.9 tons)
- Germany (2.5 tons)
Exports of Orange Juice (Single Strength) in Colombia
In 2022, approx. 2.8 tons of orange juice (single strength) were exported from Colombia; increasing by 46% on the previous year's figure. In general, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.1% against 2020 indices.
In value terms, orange juice (single strength) exports surged to $3.2K in 2022. Overall, exports saw a relatively flat trend pattern.
Export of Orange Juice (Single Strength) in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.6 | 3.4 | 0.7 | 2.9 | 3.7% |
France | N/A | 0.3 | N/A | 0.2 | -18.4% |
Ecuador | N/A | N/A | 1.4 | N/A | 0% |
Aruba | 0.2 | N/A | N/A | N/A | 0% |
Others | 0.4 | 0.6 | 0.1 | 0.1 | -37.0% |
Total | 3.2 | 4.3 | 2.2 | 3.2 | 0.0% |
Top Export Markets for Orange Juice (Single Strength) from Colombia in 2022:
- Germany (2551.0 kg)
- France (173.0 kg)
This report provides an in-depth analysis of the market for orange juice (single strength) 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:
- FCL 491 - Juice of Orange
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
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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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