Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia - 2022

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (FOB) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (CIF) - 2022
  3. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia
  4. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $492 per ton in 2022, which is down by -61% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices hit record highs at $1,946 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Curacao ($503 per ton), while the average price for exports to Aruba stood at $466 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (CIF) - 2022

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $8,949 per ton in 2022, with an increase of 21% against the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +21.6% per year.

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia

In 2022, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -8.3% to 5.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 872%.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds contracted rapidly to $2.9K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 917% against the previous year.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Curacao0.10.61.12.1175.9%
ArubaN/AN/A0.30.8166.7%
AustriaN/A0.9N/AN/A0%
United States0.54.45.8N/A240.6%
Canada0.10.70.8N/A182.8%
OthersN/AN/AN/AN/A0%
Total0.76.68.12.960.6%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Colombia in 2022:

  1. Curacao (4.1 tons)
  2. Aruba (1.7 tons)

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia

In 2022, approx. 411 kg of vegetables, brassica; brussel sprouts, fresh or chilleds were imported into Colombia; waning by -10.7% against the year before. Overall, imports faced a abrupt decline. The smallest decline of -10.6% was in 2020.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds expanded significantly to $3.7K in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.2%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic2.93.13.43.78.5%
OthersN/AN/AN/AN/A0%
Total2.93.13.43.78.5%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Colombia in 2022:

  1. Dominican Republic (411.0 kg)

Source: IndexBox Market Intelligence Platform

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