Colombia - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Colombia - 2022
Contents:
- Preserved Tuna Price in Colombia (CIF) - 2022
- Preserved Tuna Price in Colombia (FOB) - 2022
- Preserved Tuna Imports in Colombia
- Preserved Tuna Exports in Colombia
Preserved Tuna Price in Colombia (CIF) - 2022
In February 2022, the average preserved tuna import price amounted to $4,880 per ton, rising by 2.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2022 when the average import price increased by 9.9% m-o-m. Over the period under review, average import prices hit record highs in February 2022.
Average prices varied somewhat amongst the major supplying countries. In February 2022, the country with the highest price was Free Zones ($5,938 per ton), while the price for Costa Rica ($4,171 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Price in Colombia (FOB) - 2022
The average preserved tuna export price stood at $5,849 per ton in February 2022, shrinking by -8.3% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 20% month-to-month. As a result, the export price reached the peak level of $6,376 per ton, and then dropped in the following month.
As there is only one major export destination, the average price level is determined by prices for Italy.
From February 2021 to February 2022, the rate of growth in terms of prices for Spain amounted to +1.0% per month.
Preserved Tuna Imports in Colombia
Preserved tuna imports into Colombia expanded significantly to 43K tons in 2022, surging by 8.3% on the previous year. The total import volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of 46K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved tuna imports stood at $183M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 36%. As a result, imports reached the peak of $197M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Preserved Tuna in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 84.2 | 124 | 111 | 119 | 12.2% |
Free Zones | 58.5 | 62.1 | 51.2 | 60.7 | 1.2% |
Peru | N/A | 7.3 | 4.1 | N/A | -43.8% |
Others | 2.8 | 3.6 | 2.7 | 3.3 | 5.6% |
Total | 146 | 197 | 169 | 183 | 7.8% |
Top Suppliers of Preserved Tuna to Colombia in 2022:
- Ecuador (32.0K tons)
- Free Zones (10.4K tons)
Preserved Tuna Exports in Colombia
In 2022, preserved tuna exports from Colombia surged to 4.3K tons, with an increase of 16% against the previous year's figure. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 152%. As a result, the exports attained the peak of 4.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved tuna exports rose significantly to $24M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 117% against the previous year. As a result, the exports attained the peak of $27M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Preserved Tuna in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.6 | 11.0 | 15.2 | 15.0 | 60.9% |
United States | 5.8 | 8.9 | 3.4 | 5.9 | 0.6% |
Spain | 2.9 | 6.1 | 0.2 | 2.9 | 0.0% |
Poland | N/A | 0.7 | 1.7 | N/A | 142.9% |
Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
Total | 12.4 | 26.9 | 20.9 | 23.9 | 24.4% |
Top Export Markets for Preserved Tuna from Colombia in 2022:
- Italy (2.7K tons)
- United States (0.9K tons)
- Spain (0.7K tons)
This report provides an in-depth analysis of the preserved tuna market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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