Colombia Agribusiness Q2 2020

Colombia Agribusiness Q2 2020

Key View:

Colombia's agribusiness sector has been held back by a number of deep structural challenges, including the lingeringconsequences of internal armed conflict, operational inefficiencies and the resulting low competitiveness. Nevertheless, highdemand and export opportunities coupled with strong investment will support a turnaround in the industry out to 2023/24.Significant investment, such as the Plan Siembra (Planting Plan 2016-2018), will support production growth. On the consumptionside, rising incomes and growing national food consumption, along with the premiumisation of diet habits, will further bolsterdemand for food and nutritional products across the board.

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