Colombia: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Colombia

The Colombian frozen boiled potatoes market expanded modestly to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Frozen boiled potatoes consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Boiled Potatoes Production in Colombia

In value terms, frozen boiled potatoes production rose slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Frozen Boiled Potatoes Exports

Exports from Colombia

In 2020, frozen boiled potatoes exports from Colombia contracted slightly to X tons, declining by -X% compared with the year before. In general, exports, however, recorded notable growth. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, frozen boiled potatoes exports reduced to $X in 2020. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tons) was the main destination for frozen boiled potatoes exports from Colombia, with a X% share of total exports. Moreover, frozen boiled potatoes exports to the U.S. exceeded the volume sent to the second major destination, Spain (X tons), sevenfold. The third position in this ranking was occupied by Japan (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Japan (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for frozen boiled potatoes exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2020, the average frozen boiled potatoes export price amounted to $X per ton, falling by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Japan ($X per ton) and Chile ($X per ton), while the average price for exports to Australia ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into Colombia

After three years of decline, supplies from abroad of frozen boiled potatoes decreased by -X% to X tons in 2020. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. from 2017 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen boiled potatoes imports contracted notably to $X in 2020. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2017 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Belgium (X tons) was the main supplier of frozen boiled potatoes to Colombia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Belgium totaled +X%.

In value terms, Belgium ($X) constituted the largest supplier of frozen boiled potatoes to Colombia.

From 2007 to 2020, the average annual growth rate of value from Belgium was relatively modest.

Import Prices by Country

The average frozen boiled potatoes import price stood at $X per ton in 2020, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2007 to 2020, the rate of growth in terms of prices for Belgium amounted to -X% per year.

Source: IndexBox Platform

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