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- (-) March 2024
- (-) United Kingdom
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Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
The UK food ingredients sector is a thriving and competitive market, driven by changing consumer demands, technological advancements, and an emphasis on quality and safety.
In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.
In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.