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- (-) July 2024
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Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.
Nigeria is the most populous country in Africa, with a relatively young and urbanizing populace. While there are clear food and agricultural export opportunities, the weakened economy is still making its way out of a very difficult 2023. Consumers are contending with food price inflation, and wages have not kept pace with the increase in living costs.
This report outlines Colombia´s food and beverage market conditions and guides exporters on how to enter the market. In 2023 the United States exported $3.7 billion in agricultural products to Colombia, making it the 6th largest agricultural export market for the United States.