Key Market Indicators
Colombia's bread imports are projected to climb to around $83 million by 2028, up from approximately $72 million in 2023. This represents an annual growth rate of 2.2% in terms of compound annual growth rate (CAGR). Since 1998, the demand for imported bread in Colombia has increased by an average of 2.8% each year. On the export front, Colombia's bread exports are expected to reach roughly $121 million by 2028, compared to about $110 million in 2023. This indicates an average annual growth rate of 1.6%. Consistent with import trends, the supply of Colombian bread for export has also grown by 2.8% annually since 1998.
