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- (-) July 2022
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During 2021, the Colombian retail sector recovered and grew, following a challenging year caused by the COVID-19 pandemic. Looking ahead, the sector’s growth is uncertain due to high food prices and a new administration that will assume power in August 2022.
In marketing year (MY) 2017/18, Colombian coffee production fell further than expected to 13.8 million bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent (GBE).
Colombia remains open to the adoption of biotech-derived commodities and innovative technologies.