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Colombia - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingColombia: Oleo Oils Market 2024
Oleo Oils Market Size in Colombia
After two years of growth, the Colombian oleo oils market decreased by X% to $X in 2023. Overall, consumption, however, enjoyed significant growth. Over the period under review, the market attained the maximum level at $X in 2022, and then shrank notably in the following year.
Oleo Oils Exports
Exports from Colombia
In 2023, approx. X kg of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from Colombia; dropping by X% compared with the previous year's figure. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
In value terms, oleo oils exports plummeted to $X in 2023. Overall, exports faced a precipitous slump. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
Exports by Country
Aruba (X kg) was the main destination for oleo oils exports from Colombia, with a X% share of total exports. Moreover, oleo oils exports to Aruba exceeded the volume sent to the second major destination, Chile (X kg), threefold.
From 2012 to 2023, the average annual growth rate of volume to Aruba was relatively modest.
In value terms, Chile ($X) remains the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Aruba ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Chile amounted to X%.
Export Prices by Country
In 2023, the average oleo oils export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Aruba stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%).
Oleo Oils Imports
Imports into Colombia
In 2023, overseas purchases of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, recorded strong growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.
In value terms, oleo oils imports fell sharply to $X in 2023. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank markedly in the following year.
Imports by Country
In 2023, the United States (X tons) was the main oleo oils supplier to Colombia, accounting for a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from the United States amounted to X%.
In value terms, the United States ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Colombia.
From 2012 to 2023, the average annual growth rate of value from the United States stood at X%.
Import Prices by Country
In 2023, the average oleo oils import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, oleo oils import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the oleo oils market 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 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)
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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