Colombia: Sorghum Market 2025

Sorghum Market Size in Colombia

The Colombian sorghum market reduced to $X in 2022, waning by -8.4% against the previous year. In general, consumption recorded a sharp curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sorghum Production in Colombia

In value terms, sorghum production contracted modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 193%. Sorghum production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average sorghum yield in Colombia contracted slightly to X tons per ha, shrinking by -2.1% compared with the year before. Over the period under review, the yield continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 74%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average sorghum yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sorghum production in Colombia totaled X ha, growing by 13% compared with the year before. In general, the harvested area, however, saw a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 134%. The sorghum harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Sorghum Exports

Exports from Colombia

In 2022, sorghum exports from Colombia reduced dramatically to X tons, with a decrease of -47.2% on 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 3,365% against the previous year. As a result, the exports attained the peak of X tons, and then contracted notably in the following year.

In value terms, sorghum exports reduced sharply to $X in 2022. Over the period under review, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 6,490%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Nigeria (X tons) was the main destination for sorghum exports from Colombia, with a 82% share of total exports. Moreover, sorghum exports to Nigeria exceeded the volume sent to the second major destination, Aruba (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Nigeria totaled +58.0%.

In value terms, Nigeria ($X) emerged as the key foreign market for sorghum exports from Colombia, comprising 99% of total exports. The second position in the ranking was held by Aruba ($X), with a 1.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria stood at +111.9%.

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, dropping by -3.9% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 102%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Aruba totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+34.2%).

Sorghum Imports

Imports into Colombia

In 2022, sorghum imports into Colombia reduced to X tons, which is down by -12.8% compared with 2021 figures. Overall, imports saw a sharp descent. The pace of growth was the most pronounced in 2018 with an increase of 718%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sorghum imports reached $X in 2022. Over the period under review, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2016 with an increase of 56%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Argentina (X tons) and Australia (X tons) were the main suppliers of sorghum imports to Colombia, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +164.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of sorghum to Colombia, comprising 70% of total imports. The second position in the ranking was taken by Argentina ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +131.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-33.6% per year) and Australia (+110.4% per year).

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, rising by 16% against the previous year. In general, the import price recorded moderate growth. The pace of growth appeared the most rapid in 2017 an increase of 792%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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