Wheat bran, sharps and residues market in Colombia

Earlier Report Observations

The Colombian market for wheat bran, sharps and residues demonstrated consistent growth in production from 2018 to 2023, expanding from 372.6 thousand tons to 448.5 thousand tons. This increase of over 20% in domestic output formed the primary driver for the overall market expansion during this period.

Total market size, reflecting domestic production and net trade, grew from 386.2 thousand tons to 450.2 thousand tons. A notable shift occurred in import patterns, with volumes reaching a high of 19.7 thousand tons in 2020 before declining sharply to 1.9 thousand tons by 2023. The reduction in imports was compensated by rising domestic production, indicating a move toward greater self-sufficiency in supply.

By 2023, the market showed signs of stabilization with minimal reliance on imports and the emergence of small export volumes, underscoring the strengthened capacity of local production to meet domestic demand for wheat milling residues.

Production wheat bran, sharps and residues in Colombia

In kind, 2017-2020, K t

Top producers of wheat bran, sharps and residues, 2017-2020

World map of production of wheat bran, sharps and residues, 2017-2020

Colombia's production of wheat bran, sharps, and residues has increased for the second year in a row. In 2020, the country produced 405.9 K t, marking a 4.0% rise from the previous year. Looking at the period from 2017 to 2020, production grew by 8.3%, which translates to an average annual rate of 2.7%. The lowest production level was in 2018 at 372.6 K t, when it declined by 0.6%. The most significant increase occurred in 2019, with a jump of 4.7%.

Annual dynamics of production in Colombia in kind, 2017-2020, K t

Exports wheat bran, sharps and residues from Colombia

Exports in kind, t

Colombia's exports of wheat bran, sharps, and residues have declined for the second consecutive year. In 2020, exports totaled 5 t, showing a moderate decrease of 9.5% compared to the previous year. Over the 2017–2020 period, exports increased by 14.5%, averaging an annual growth rate of 4.6%. The highest export volume was in 2018 at 6 t, which saw the largest increase of 30.7%.

Annual dynamics of product's exports from Colombia in kind, 2017-2020, t

From 2017 to 2020, Curacao dominated Colombia's export structure for wheat bran, sharps, and residues, accounting for 73.4% of total flows. Other destinations played relatively minor roles during this time.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Colombia in kind, 2017-2020

Exports in value, K $ US

The data shows irregular changes, pointing to a volatile market environment. Exports in value terms peaked in 2018 and fell to their lowest point in 2019, with a 1.9-fold difference between these years. In 2020, the value of exported wheat bran, sharps, and residues from Colombia reached 3 K $ US, representing a sharp increase of 41.4% from the previous year. The minimum value was recorded in 2019 at 2 K $ US, while the maximum was in 2018 at 5 K $ US. The largest decline occurred in 2019, dropping by 47.6%.

Annual dynamics of product's exports from Colombia in value, 2017-2020, K $ US

Throughout 2017–2020, Ecuador and Curacao were the key partner countries for Colombia's exports in value terms, together making up 98.1% of total flows. Other partners accounted for the remaining share.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Colombia in value, 2017-2020

Imports wheat bran, sharps and residues to Colombia

Imports in kind, t

The market displayed an unstable trend over the timeframe. Imports reached their lowest point in 2019 and peaked in 2020, with a 2.1-fold variation between these years. In 2020, Colombia imported 19 665 t of wheat bran, sharps, and residues, indicating a sharp increase of 109.0% year-over-year. The minimum value was in 2019 at 9 410 t, which also saw the largest decline of 30.9%.

Annual dynamics of product's imports to Colombia in kind, 2017-2020, t

Between 2017 and 2020, Peru was almost the exclusive supplier of wheat bran, sharps, and residues to Colombia, absorbing 99.1% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Colombia in kind, 2017-2020

Imports in value, K $ US

The market showed an unstable trend throughout the period. Imports in value terms hit their lowest point in 2019 and peaked in 2020, with a 1.9-fold amplitude. In 2020, Colombia imported approximately 2 563 K $ US of wheat bran, sharps, and residues, reflecting a dramatic rise of 86.3% compared to 2019. The minimum value was recorded in 2019 at 1 376 K $ US, when the largest decline of 38.9% occurred.

Annual dynamics of product's imports to Colombia in value, 2017-2020, K $ US

From 2017 to 2020, Peru served as the main source for wheat bran, sharps, and residues imports to Colombia in value terms, consistently accounting for 94.4% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Colombia in value, 2017-2020