Colombia: Green Bean Market 2025

Green Bean Market Size in Colombia

In 2022, the Colombian green bean market decreased by -26.7% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, saw a buoyant expansion. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Green Bean Production in Colombia

In value terms, green bean production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic decline. The growth pace was the most rapid in 2014 when the production volume increased by 9,509,600%. Green bean production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of green beans in Colombia totaled less than X kg per ha, almost unchanged from the previous year's figure. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of green beans were harvested in Colombia; approximately mirroring 2021. In general, the harvested area continues to indicate a relatively flat trend pattern.

Green Bean Exports

Exports from Colombia

In 2022, shipments abroad of green beans decreased by -16.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, green bean exports fell significantly to $X in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 69%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Qatar (X tons) and Panama (X tons) were the main destinations of green bean exports from Colombia, together accounting for 77% of total exports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +33.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for green bean exported from Colombia were Qatar ($X), the United States ($X) and Panama ($X), together comprising 87% of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +22.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average green bean export price amounted to $X per ton, shrinking by -4.7% against the previous year. Overall, the export price saw a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Aruba ($X 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 Panama (+2.1%), while the prices for the other major destinations experienced a decline.

Green Bean Imports

Imports into Colombia

After five years of growth, purchases abroad of green beans decreased by -18.9% to X tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,398%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced notably in the following year.

In value terms, green bean imports fell significantly to $X in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 590% against the previous year. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, the United States (X tons) was the main green bean supplier to Colombia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +29.1%.

In value terms, the United States ($X) constituted the largest supplier of green beans to Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +32.0%.

Import Prices by Country

In 2022, the average green bean import price amounted to $X per ton, with a decrease of -15.9% against the previous year. In general, the import price, however, saw a moderate increase. The pace of growth appeared the most rapid in 2014 an increase of 105%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 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 +2.2% per year.

Source: IndexBox Platform

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