Frozen Strawberries Price in Colombia - 2022
Contents:
- Frozen Strawberries Price in Colombia (CIF) - 2022
- Frozen Strawberries Price in Colombia (FOB) - 2022
- Frozen Strawberries Imports in Colombia
- Frozen Strawberries Exports in Colombia
Frozen Strawberries Price in Colombia (CIF) - 2022
The average frozen strawberries import price stood at $1,874 per ton in 2022, with a decrease of -9.2% against the previous year. Over the period under review, the import price saw a abrupt descent. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. The import price peaked at $3,947 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 2022, the rate of growth in terms of prices for the United States amounted to -6.3% per year.
Frozen Strawberries Price in Colombia (FOB) - 2022
The average frozen strawberries export price stood at $2,197 per ton in 2022, which is down by -8.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $3,175 per ton. From 2018 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 the United States ($2,296 per ton), while the average price for exports to Aruba ($1,440 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 Curacao (+7.6%), while the prices for the other major destinations experienced a decline.
Frozen Strawberries Imports in Colombia
After three years of growth, purchases abroad of frozen strawberrieses decreased by less than 0.1% to 24 tons in 2022. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 112%.
In value terms, frozen strawberries imports shrank to $45K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year.
Import of Frozen Strawberries in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.4 | 37.6 | 49.8 | 45.2 | 15.4% |
Others | 1.9 | 2.9 | N/A | N/A | 52.6% |
Total | 31.4 | 40.6 | 49.8 | 45.2 | 12.9% |
Top Suppliers of Frozen Strawberries to Colombia in 2022:
- United States (24.1 tons)
Frozen Strawberries Exports in Colombia
Frozen strawberries exports from Colombia fell to 13 tons in 2022, with a decrease of -9.8% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, the exports reached the peak of 15 tons, and then shrank in the following year.
In value terms, frozen strawberries exports shrank notably to $29K in 2022. In general, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, the exports attained the peak of $36K, and then declined dramatically in the following year.
Export of Frozen Strawberries in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 26.2 | 11.5 | 17.3 | 25.2 | -1.3% |
Curacao | 2.6 | 1.3 | 1.7 | 2.6 | 0.0% |
Aruba | 0.3 | 2.5 | 0.4 | 1.7 | 78.3% |
Panama | N/A | 7.2 | 9.1 | N/A | 26.4% |
Canada | N/A | N/A | 7.2 | N/A | 0% |
Others | 3.5 | 0.8 | N/A | N/A | -77.1% |
Total | 32.7 | 23.3 | 35.7 | 29.5 | -3.4% |
Top Export Markets for Frozen Strawberries from Colombia in 2022:
- United States (11.0 tons)
- Curacao (1.3 tons)
- Aruba (1.2 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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