Colombia: Grain Market 2025

Grain Market Size in Colombia

The Colombian grain market skyrocketed to $X in 2022, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Grain Production in Colombia

In value terms, grain production shrank to $X in 2022 estimated in export price. In general, production saw a perceptible curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Grain production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of grain in Colombia dropped modestly to X tons per ha in 2022, therefore, remained relatively stable against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the average grain yield attained the maximum level at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of grain in Colombia stood at X ha, approximately equating 2021. Overall, the harvested area, however, showed a slight contraction. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The grain harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Grain Exports

Exports from Colombia

After three years of growth, shipments abroad of grain decreased by X% to X tons in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, grain exports shrank significantly to $X in 2022. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons), Peru (X tons) and the United States (X tons) were the main destinations of grain exports from Colombia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) emerged as the key foreign market for grain exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports. It was followed by Venezuela, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Peru amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Venezuela (X% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Peru ($X per ton), while the average price for exports to Aruba ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Colombia

In 2022, purchases abroad of grain increased by X% to X tons, rising for the seventh consecutive year after two years of decline. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, grain imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Brazil (X tons) and Argentina (X tons) were the main suppliers of grain imports to Colombia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grain suppliers to Colombia were the United States ($X), Brazil ($X) and Argentina ($X), together accounting for X% of total imports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and the United States ($X per ton), while the price for Brazil ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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