Updated Jan 7, 2023 20:59

Imports of Frozen Concentrated Orange Juice in Colombia

Imports
Frozen concentrated orange juice imports into Colombia declined remarkably to tons in , falling by -% against the previous year's figure. Overall, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in when imports increased by %. Over the period under review, imports reached the maximum at tons in 2016; however, from 2017 to , imports failed to regain momentum.

In value terms, frozen concentrated orange juice imports reduced rapidly to $ in . In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in with an increase of % against the previous year. Imports peaked at $ in 2015; however, from 2016 to , imports stood at a somewhat lower figure.


Imports by Country
In , Brazil ( tons) constituted the largest frozen concentrated orange juice supplier to Colombia, with a % share of total imports. Moreover, frozen concentrated orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, Mexico ( tons), threefold.

From 2007 to , the average annual rate of growth in terms of volume from Brazil stood at +%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+% per year) and Spain (+% per year).

In value terms, Brazil ($) constituted the largest supplier of frozen concentrated orange juice to Colombia, comprising % of total imports. The second position in the ranking was held by Mexico ($), with a % share of total imports.

From 2007 to , the average annual growth rate of value from Brazil stood at +%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+% per year) and Spain (+% per year).


Import Prices by Country
In , the average frozen concentrated orange juice import price amounted to $ per ton, almost unchanged from the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of %. Over the period under review, average import prices attained the maximum at $ per ton in 2013; however, from 2014 to , import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In , the country with the highest price was Mexico ($ per ton), while the price for Brazil ($ per ton) was amongst the lowest.

From 2007 to , the most notable rate of growth in terms of prices was attained by Mexico (+%), while the prices for the other major suppliers experienced a decline.