Starch; Manioc (Cassava) Price in Colombia - 2022
Contents:
- Starch; Manioc (Cassava) Price in Colombia (CIF) - 2022
- Starch; Manioc (Cassava) Price in Colombia (FOB) - 2022
- Starch; Manioc (Cassava) Imports in Colombia
- Starch; Manioc (Cassava) Exports in Colombia
Starch; Manioc (Cassava) Price in Colombia (CIF) - 2022
The average starch; manioc (cassava) import price stood at $1,007 per ton in February 2022, growing by 2.5% against the previous month. Over the period under review, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in November 2021 an increase of 60% month-to-month. As a result, import price attained the peak level of $1,053 per ton. From December 2021 to February 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Paraguay ($1,057 per ton), while the price for Nicaragua ($667 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 Paraguay (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Price in Colombia (FOB) - 2022
In 2022, the average starch; manioc (cassava) export price amounted to $1,285 per ton, declining by -11.7% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) export price increased by +81.9% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $1,456 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($2,501 per ton), while the average price for exports to Ecuador ($642 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 Peru (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Colombia
In 2022, the amount of starch; manioc (cassava)s imported into Colombia skyrocketed to 8.9K tons, surging by 131% on the year before. In general, imports, however, faced a abrupt decrease.
In value terms, starch; manioc (cassava) imports surged to $4.9M in 2022. Overall, imports, however, recorded a abrupt curtailment.
| Import of Starch; Manioc (Cassava) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 7.4 | 6.4 | 1.1 | 3.9 | -19.2% |
| Brazil | 0.2 | 0.7 | 0.9 | 0.7 | 51.8% |
| Nicaragua | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 7.7 | 7.5 | 2.4 | 4.9 | -14.0% |
Top Suppliers of Starch; Manioc (Cassava) to Colombia in 2022:
- Paraguay (7.1K tons)
- Brazil (1.1K tons)
- Nicaragua (0.6K tons)
Starch; Manioc (Cassava) Exports in Colombia
In 2022, approx. 381 tons of starch; manioc (cassava)s were exported from Colombia; surging by 124% on the previous year. Over the period under review, exports, however, saw a abrupt setback.
In value terms, starch; manioc (cassava) exports skyrocketed to $490K in 2022. In general, exports, however, saw a perceptible descent.
| Export of Starch; Manioc (Cassava) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 66.1 | 75.9 | 75.9 | 148 | 30.8% |
| Panama | 107 | 117 | 54.1 | 106 | -0.3% |
| United States | 126 | 97.3 | 32.0 | 86.6 | -11.7% |
| Chile | 63.3 | 105 | 42.4 | 82.8 | 9.4% |
| Ecuador | 31.7 | 29.5 | 25.5 | 49.8 | 16.2% |
| Thailand | 117 | 249 | N/A | N/A | 112.8% |
| Belgium | N/A | 34.6 | N/A | N/A | 0% |
| Others | 14.2 | 23.5 | 17.6 | 16.7 | 5.6% |
| Total | 525 | 732 | 247 | 490 | -2.3% |
Top Export Markets for Starch; Manioc (Cassava) from Colombia in 2022:
- Venezuela (143.8 tons)
- Panama (79.3 tons)
- Ecuador (77.6 tons)
- United States (40.3 tons)
- Chile (35.0 tons)
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