Browse Data and Analysis

Milk production in calendar year (CY) 2021 is estimated at 2.2 MMT, an increase of three percent compared to the previous year.

This report outlines Colombia´s food and beverage market conditions, resulting from changes in consumer habits and preferences during the COVID-19 pandemic.

On February 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years. Similar to the previous moratorium, Peru has yet to notify the measure to the World Trade Organization. In general, biotechnology remains misunderstood by the public in Peru.

Colombia remains open to biotechnology and other innovative technologies. In 2020, Colombia's GE corn acreage grew 23 percent while GE cotton acreage declined 37 percent.

In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.

In marketing year (MY) 2021/22, Post's revised Colombian coffee production forecast is down to 13.8 million bags (1 bag = 60 kilograms) green bean equivalent (GBE), due to potentially heavy rains from the La Niña weather phenomena that is projected to materialize towards the end of 2021 and the beginning of 2022

Grape exports are forecast to reach a record of 510,000 metric tons (MT) in marketing year (MY) 2021/2022, six percent higher than the previous year.

In MY 2021/22, Colombian corn, rice, and wheat demand are forecast to recover as Colombia returns to pre-pandemic economic growth levels.

Peruvian ethanol production in 2021 is forecast at 215 million liters, approximately the same level compared to the previous year.

Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.

The Hotel Restaurant Institutional (HRI) sector in Colombia is still rebuilding from the mandatory 6-month lockdown that caused serious economic damage across the sector.

On September 9, the Colombian government released a new resolution to decrease its ethanol blend level to four percent (E4), effective September 11. Incremental increases are scheduled in the following 90 days, culminating with E10 by January 2022.