Price for Vegetable Products Not Elsewhere Specified or Included in Colombia - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Colombia (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Colombia (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Colombia
- Exports of Vegetable Products Not Elsewhere Specified or Included in Colombia
Price for Vegetable Products Not Elsewhere Specified or Included in Colombia (CIF) - 2022
In February 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $631 per ton, with a decrease of -23.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 when the average import price increased by 132% month-to-month. As a result, import price reached the peak level of $1,452 per ton. From October 2021 to February 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was the United States ($639 per ton), while the price for Argentina ($543 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 Argentina (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Colombia (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $718 per ton, increasing by 67% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $740 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($908 per ton), while the average price for exports to the United States ($313 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 Japan (-4.0%), while the prices for the other major destinations experienced a decline.
Imports of Vegetable Products Not Elsewhere Specified or Included in Colombia
Imports of vegetable products not elsewhere specified or includeds into Colombia surged to 764 tons in 2022, with an increase of 23% compared with the previous year. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.
In value terms, imports of vegetable products not elsewhere specified or includeds reduced to $622K in 2022. Over the period under review, imports, however, recorded a significant curtailment. The smallest decline of -5.1% was in 2021.
| Import of Vegetable Products Not Elsewhere Specified or Included in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 907 | 375 | 367 | 305 | -30.5% |
| Peru | 281 | 191 | 168 | 124 | -23.9% |
| Netherlands | 12.6 | 21.1 | 26.3 | 86.1 | 89.8% |
| China | 94.1 | 65.4 | N/A | 43.7 | -22.6% |
| Ecuador | N/A | N/A | N/A | 9.1 | 0% |
| Sri Lanka | N/A | N/A | 71.9 | N/A | 0% |
| Others | 212 | 39.9 | 24.4 | 53.6 | -36.8% |
| Total | 1,507 | 692 | 657 | 622 | -25.5% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Colombia in 2022:
- United States (361.0 tons)
- Netherlands (184.5 tons)
- Peru (161.2 tons)
- Ecuador (27.3 tons)
- China (17.9 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Colombia
In 2022, overseas shipments of vegetable products not elsewhere specified or includeds decreased by -7.8% to 179 tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports reached the peak of 394 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetable products not elsewhere specified or includeds shrank significantly to $128K in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. As a result, the exports attained the peak of $182K, and then declined significantly in the following year.
| Export of Vegetable Products Not Elsewhere Specified or Included in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | N/A | 71.3 | 0% |
| Canada | N/A | N/A | N/A | 23.8 | 0% |
| Ecuador | 4.0 | N/A | 13.8 | 12.9 | 47.7% |
| Spain | 27.7 | N/A | 65.1 | N/A | 53.3% |
| Belgium | N/A | 5.7 | 25.7 | N/A | 350.9% |
| China | 54.7 | 53.5 | N/A | N/A | -2.2% |
| Netherlands | N/A | N/A | 14.3 | N/A | 0% |
| Others | 83.9 | 61.3 | 63.0 | 19.8 | -38.2% |
| Total | 170 | 120 | 182 | 128 | -9.0% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Colombia in 2022:
- Venezuela (92.0 tons)
- Canada (68.5 tons)
- Ecuador (14.2 tons)
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