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Colombia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingColombia: Yoghurt Market 2024
Yoghurt Market Size in Colombia
The Colombian yoghurt market totaled $X in 2023, increasing by X% against the previous year. In general, consumption, however, continues to indicate a slight downturn. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.
Yoghurt Production in Colombia
In value terms, yoghurt production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a slight decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.
Yoghurt Exports
Exports from Colombia
In 2023, the amount of yoghurt exported from Colombia skyrocketed to X tons, rising by X% against 2022. Over the period under review, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
In value terms, yoghurt exports surged to $X in 2023. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
Exports by Country
The United States (X tons) was the main destination for yoghurt exports from Colombia, with a X% share of total exports. Moreover, yoghurt exports to the United States exceeded the volume sent to the second major destination, Aruba (X tons), more than tenfold. The third position in this ranking was held by Curacao (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and Curacao (X% per year).
In value terms, the United States ($X) remains the key foreign market for yoghurt exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Aruba ($X), with an X% share of total exports. It was followed by Curacao, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and Curacao (X% per year).
Export Prices by Country
The average yoghurt export price stood at $X per ton in 2023, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a pronounced expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Curacao ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (X%), while the prices for the other major destinations experienced more modest paces of growth.
Yoghurt Imports
Imports into Colombia
In 2023, approx. X tons of yoghurt were imported into Colombia; increasing by X% against 2022 figures. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.
In value terms, yoghurt imports rose markedly to $X in 2023. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, the United States (X tons) was the main supplier of yoghurt to Colombia, accounting for a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from the United States totaled X%.
In value terms, the United States ($X) constituted the largest supplier of yoghurt to Colombia.
From 2012 to 2023, the average annual growth rate of value from the United States totaled X%.
Import Prices by Country
The average yoghurt import price stood at $X per ton in 2023, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
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 yoghurt 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:
- FCL 891 - Yoghurt
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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