Colombia: Skim Milk Market 2025

Skim Milk Market Size in Colombia

In 2021, after four years of growth, there was decline in the Colombian skim milk market, when its value decreased by -0.5% to $X. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Skim Milk Production in Colombia

In value terms, skim milk production expanded slightly to $X in 2021 estimated in export price. Overall, production recorded a slight descent. The most prominent rate of growth was recorded in 2013 with an increase of 157%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Skim Milk Exports

Exports from Colombia

Skim milk exports from Colombia declined to X tons in 2021, falling by -14.5% compared with 2020 figures. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 138% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, skim milk exports shrank to $X in 2021. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 108% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

Peru (X tons), Aruba (X tons) and Venezuela (X tons) were the main destinations of skim milk exports from Colombia, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +85.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for skim milk exported from Colombia were Aruba ($X), Peru ($X) and Venezuela ($X), with a combined 92% share of total exports.

Aruba, with a CAGR of +83.9%, recorded the highest growth rate of the value of exports, in terms of 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 skim milk export price stood at $X per ton in 2021, surging by 9% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 46%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Curacao ($X per ton), while the average price for exports to Venezuela ($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 Curacao (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Skim Milk Imports

Imports into Colombia

In 2021, the amount of skim milk imported into Colombia rose sharply to X tons, increasing by 5.2% on 2020 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 10,935% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, skim milk imports expanded modestly to $X in 2021. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 11,025% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main supplier of skim milk to Colombia, accounting for a 95% share of total imports. Moreover, skim milk imports from the United States exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +37.2%.

In value terms, the United States ($X) constituted the largest supplier of skim milk to Colombia, comprising 98% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +25.9%.

Import Prices by Country

The average skim milk import price stood at $X per ton in 2021, approximately equating the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 3.7%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Dominican Republic amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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