Colombia: Oat Market 2025

Oat Market Size in Colombia

The Colombian oat market dropped sharply to $X in 2022, shrinking by -17.8% 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). In general, consumption showed a pronounced setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Oat Exports

Exports from Colombia

After three years of growth, overseas shipments of oats decreased by -17.1% to X tons in 2022. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 116%. The exports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, oat exports dropped to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Aruba (X kg) was the main destination for oat exports from Colombia, with a 14% share of total exports. Moreover, oat exports to Aruba exceeded the volume sent to the second major destination, the Netherlands (X kg), twofold. The third position in this ranking was taken by Chile (X kg), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba amounted to +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Chile (+21.9% per year).

In value terms, the largest markets for oat exported from Colombia were the Netherlands ($X), Aruba ($X) and the UK ($X), with a combined 49% share of total exports.

Aruba, with a CAGR of +24.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oat export price stood at $X per ton in 2022, picking up by 6.6% against the previous year. In general, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 21%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Curacao ($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 the UK (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into Colombia

In 2022, oat imports into Colombia contracted to X tons, reducing by -12.7% compared with 2021 figures. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, oat imports shrank notably to $X in 2022. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 65%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile (X tons), Argentina (X tons) and the United States (X tons) were the main suppliers of oat imports to Colombia, with a combined 86% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +18.3%), while purchases for the other leaders experienced a decline.

In value terms, Chile ($X), the United States ($X) and Argentina ($X) were the largest oat suppliers to Colombia, together accounting for 88% of total imports.

Argentina, with a CAGR of +20.7%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average oat import price amounted to $X per ton, declining by -7.9% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oat import price increased by +50.8% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 31%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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