Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $26,172 per ton, remaining constant against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. The import price peaked at $49,157 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 -0.5% per year.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $2,342 per ton in 2022, with a decrease of -47.1% against the previous year. In general, the export price showed a dramatic downturn. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. As a result, the export price attained the peak level of $25,089 per ton. From 2017 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 UK ($23,400 per ton), while the average price for exports to Aruba ($800 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 the United States (-4.5%), while the prices for the other major destinations experienced a decline.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Colombia skyrocketed to 1 tons, growing by 47% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +74.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds soared to $27K in 2022. Overall, imports saw a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.7 | 12.0 | 18.3 | 26.9 | 1.5% |
| Others | 0.3 | 0.2 | 0.2 | 0.6 | 26.0% |
| Total | 26.0 | 12.2 | 18.5 | 27.5 | 1.9% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Colombia in 2022:
- United States (1044.0 kg)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia
Exports of edible products of animal origin; not elsewhere specified or includeds from Colombia soared to 348 kg in 2022, increasing by 150% compared with 2021 figures. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds surged to $815 in 2022. In general, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 48%.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,601 | 335 | 516 | 658 | -25.7% |
| United Kingdom | 268 | 57.0 | 90.0 | 117 | -24.1% |
| Aruba | 75.0 | 23.0 | 9.0 | 40.0 | -18.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,944 | 415 | 615 | 815 | -25.2% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Colombia in 2022:
- South Korea (293.0 kg)
- Aruba (50.0 kg)
- United Kingdom (5.0 kg)
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