Apple Market Overview in Colombia
In value terms, apple production surged to $ in estimated in export prices. Over the period under review, production recorded resilient growth. The pace of growth appeared the most rapid in 2012 when the production volume increased by % y-o-y. Apple production peaked in and is expected to retain growth in the immediate term.
The average yield of apples in Colombia contracted to tonnes per ha in , approximately equating the year before. Overall, the yield showed a slight shrinkage. The pace of growth was the most pronounced in 2009 when the yield increased by % against the previous year. Over the period under review, the average apple yield attained the maximum level at tonnes per ha in 2014; however, from 2015 to , the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of apples were harvested in Colombia; increasing by % on the previous year's figure. In general, the harvested area continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the harvested area increased by % against the previous year. The apple harvested area peaked at ha in 2018; however, from 2019 to , the harvested area failed to regain the momentum.
The size of the apple market in Colombia declined rapidly to $ in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a noticeable downturn. The growth pace was the most rapid in 2010 when the market value increased by % y-o-y. Apple consumption peaked at $ in 2019, and then fell sharply in the following year.