Colombia: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Colombia

In 2021, the Colombian market for jams, jellies, puree and pastes increased by 21% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Jams, Jellies, Puree And Pastes in Colombia

In value terms, jam, jelly, puree and paste production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 22%. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports from Colombia

Jam, jelly, puree and paste exports from Colombia dropped remarkably to X tons in 2021, waning by -82.2% against 2020 figures. In general, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by 448%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, jam, jelly, puree and paste exports fell sharply to $X in 2021. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 377% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then declined notably in the following year.

Exports by Country

The Netherlands (X tons), the United States (X tons) and New Zealand (X tons) were the main destinations of jam, jelly, puree and paste exports from Colombia, together comprising 49% of total exports. South Korea, Spain, Finland, Chile, Ecuador, South Africa, Ukraine, Portugal and Lebanon lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +85.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Colombia, comprising 26% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 11% share of total exports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+16.2% per year) and Spain (+17.8% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, surging by 21% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Jams, Jellies, Puree And Pastes

Imports into Colombia

In 2021, the amount of jams, jellies, puree and pastes imported into Colombia soared to X tons, rising by 100% on 2020. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, jam, jelly, puree and paste imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X tons) constituted the largest supplier of jam, jelly, puree and paste to Colombia, with a 61% share of total imports. Moreover, jam, jelly, puree and paste imports from Chile exceeded the figures recorded by the second-largest supplier, Free Zones (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (+29.3% per year) and China (+52.5% per year).

In value terms, Chile ($X) constituted the largest supplier of jams, jellies, puree and pastes to Colombia, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 7.2% share of total imports. It was followed by Greece, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+45.7% per year) and Greece (+20.8% per year).

Import Prices by Country

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, declining by -8% against the previous year. Over the period under review, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Free Zones ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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