Browse Data and Analysis

Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.

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.

Despite economic challenges and high feed prices, demand for feed is expected to grow in Bangladesh as large commercial poultry farms expand their operations and some major feed producers have initiated contract poultry farming.

In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.