Report Update: Apr 1, 2024

Colombia - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Flaked or Rolled Cereal in Colombia - 2022

Price for Flaked or Rolled Cereal in Colombia (CIF) - 2022

The average flaked or rolled cereal import price stood at $712 per ton in February 2022, approximately reflecting the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 4.3% against the previous month. The import price peaked at $722 per ton in January 2022, and then reduced slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Chile ($702 per ton), while the price for the UK totaled $690 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flaked or Rolled Cereal in Colombia (FOB) - 2022

The average flaked or rolled cereal export price stood at $978 per ton in 2022, growing by 54% against the previous year. In general, the export price, however, continues to indicate a deep slump. The export price peaked at $2,228 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($2,506 per ton), while the average price for exports to Chile ($685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flaked or Rolled Cereal in Colombia

In 2022, overseas purchases of flaked or rolled cereals decreased by -24.3% to 43K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 20%. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flaked or rolled cereal imports fell sharply to $24M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 51%.

Import of Flaked or Rolled Cereal in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	22.8	30.6	28.1	18.6	-6.6%
United Kingdom	N/A	1.5	6.0	4.0	63.3%
Canada	0.9	3.2	1.8	1.2	10.1%
Others	0.6	1.5	1.2	0.6	0.0%
Total	24.3	36.8	37.1	24.4	0.1%

Top Suppliers of Flaked or Rolled Cereal to Colombia in 2022:

Chile (33.1K tons)
United Kingdom (7.0K tons)
Canada (2.4K tons)

Exports of Flaked or Rolled Cereal in Colombia

In 2022, shipments abroad of flaked or rolled cereals decreased by -37% to 808 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 88%.

In value terms, flaked or rolled cereal exports dropped slightly to $791K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 40%. As a result, the exports attained the peak of $835K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Flaked or Rolled Cereal in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	119	79.8	236	284	33.6%
Costa Rica	275	56.5	163	196	-10.7%
Chile	51.0	56.6	133	160	46.4%
Spain	71.4	41.0	54.9	71.9	0.2%
Panama	52.6	53.8	1.0	53.8	0.8%
Ecuador	N/A	523	203	N/A	-61.2%
Others	29.5	24.7	26.1	25.4	-4.9%
Total	598	835	817	791	9.8%

Top Export Markets for Flaked or Rolled Cereal from Colombia in 2022:

United States (396.5 tons)
Chile (233.9 tons)
Costa Rica (95.6 tons)
Panama (38.0 tons)
Spain (28.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for flaked or rolled cereal 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 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023