(MENAFNEditorial)
Colombia's agricultural sector will face a number of challenges in the medium term. Key export crops - such as coffee and cocoa - have underperformed in recent years owing to a lack of investment in infrastructure and outbreaks of disease. Although regeneration work is under way it will take time to bear fruit. The strength of the Colombian peso against the US dollar is also posing challenges for the agribusiness sector as the competitiveness of Colombia's exports is being eroded. Finally there is still unrest among dairy livestock and grain producers who fear that the entry into force of the Colo mbia-EU free trade agreement will further erode their profitability. The Ministry of Agriculture has taken steps to support these sectors to adapt to the arrival of inexpensive imports; however ongoing efforts to improve infrastructure and modernise production techniques will be required.
Key Forecasts
* Sugar production growth to 2017/18: 19.6% to 2.4mn tonnes. The strong growth rate is mainly due to the bumper crop recorded in 2013/14 following the steep decline in 2012/13's production. Overall sugar output growth will remain low owing to the limited land available for expansion.
* Milk production growth to 2017/18: 16.8% to 8.9mn tonnes. Milk producers will strongly expand output to meet demand and as improved security encourages new investment in dairy farming. The strong growth in the Colombian economy will also favour the dairy sector in general.
* Coffee production growth to 2017/18: 34.7% to 13.4mn tonnes. Production will be aided by programmes to replace aging plantations and improve resistance to disease. However we remain cautious about the long-term trajectory of Colombian coffee production especially with prices currently low and the strong Colombian peso.
* BMI Universe Agribusiness Market Value: USD15.4bn in 2015; up from USD15.0bn in 2014 ;...
Full Report Details at
- http://www.fastmr.com/prod/924133_colombia_agribusiness_report_q1_2015.aspx?afid=101
The Colombia Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production consumption and trade across core agricultural commodities.
BMI's Colombia Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.
Key Benefits
* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors partners and clients.
Coverage
BMI Industry View
An analytical summary of BMI's latest key industry forecasts and views highlighting recent changes and key risks to the industry outlook for agribusiness in Colombia.
Industry SWOT Analysis
At-a-glance perspectives on the Strengths Weaknesses Opportunities and Threats facing the agricultural industry.
BMI Supply & Demand Forecasts
Divided into sections based on various diverse sectors in the agriculture market the chapter provides insight into each market's agricultural industry centred on sector forecasts to end-2018 for the consumption production and trade of key agricultural commodities.
Consumption forecasts are accompanied by a discussion of the main drivers of consumption growth: macroeconomic factors food processing trends price movements and increasingly demand from the non-food sector.
Production forecasts examine the trends influencing BMI's production outlook: global demand price increases public and private sector investment and agricultural efficiency improvements.
Trade forecasts are accompanied by a discussion of the factors influencing a country's trade in agricultural goods including domestic demand global prices and government trade policies.
BMI's forecasts are accompanied by a Risks- to-Outlook assessment which examines potential factors that could affect our existing forecast picture and the likelihood of their occurrence.
BMI's Commodity Price Analysis
Fundamental and technical analysis of the short- and medium-term price outlook for key agricultural commodities based on globally-recognised benchmarks.
Downstream Analysis
Analysis of headline food and drink forecasts including total food consumption per capita food consumption and total sector trade which provide important downstream intelligence for primary agricultural producers.
Featured Analysis
Includes relevant articles from BMI's daily analysis service. These can include long-term projections on agricultural imports and exports our perceptions of the impacts of economic slowdown on key companies and subsectors within the Agribusiness industry in a given country our analysis of fertilizer production as well as other relevant analysis of recent news and events on Store and Landing Pages.
Methodology & Sourcing
The Colombia Agribusiness Report is based on an extensive network of multilateral organisations government departments industry associations chambers and company reports.
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