Colombia: Maltodextrine Market 2025

Maltodextrine Market Size in Colombia

The Colombian maltodextrine market soared to $X in 2021, surging by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Maltodextrine Exports

Exports from Colombia

Maltodextrine exports from Colombia skyrocketed to X tons in 2021, increasing by 69% against the previous year's figure. Overall, total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +112.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, maltodextrine exports surged to $X in 2021. In general, total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +150.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for maltodextrine exports from Colombia, with a 79% share of total exports. Moreover, maltodextrine exports to the United States exceeded the volume sent to the second major destination, Ecuador (X tons), eightfold. Panama (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +56.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-9.6% per year) and Panama (-7.1% per year).

In value terms, the United States ($X) emerged as the key foreign market for maltodextrine and maltodextine syrup exports from Colombia, comprising 81% of total exports. The second position in the ranking was taken by Panama ($X), with an 8.3% share of total exports. It was followed by Ecuador, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +50.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-6.3% per year) and Ecuador (-11.6% per year).

Export Prices by Country

In 2021, the average maltodextrine export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Peru ($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 Panama (+0.9%), while the prices for the other major destinations experienced a decline.

Maltodextrine Imports

Imports into Colombia

In 2021, the amount of maltodextrine and maltodextine syrup imported into Colombia fell modestly to X tons, waning by -1.7% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, maltodextrine imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Russia (X tons) were the main suppliers of maltodextrine imports to Colombia, together accounting for 76% of total imports. Peru, Mexico, Ukraine, Brazil and Argentina lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +35.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of maltodextrine and maltodextine syrup to Colombia, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Peru, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.8% per year) and Peru (+19.9% per year).

Import Prices by Country

The average maltodextrine import price stood at $X per ton in 2021, jumping by 34% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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