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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Colombia Floriculture Market Outlook

The Colombia floriculture market size was approximately USD 195 million in 2023. The market is assessed to grow at a CAGR of 4.03% between 2024 and 2032, reaching a value of USD 277 million by 2032.

Key Takeaways

  • The Flowers Festival is held every year in Medellín, Colombia.
  • In the year 2022, Colombia's imports of cut flowers amounted to $14.7M, positioning the country as the 47th largest importer of this product globally.
  • Colombia saw a big increase in cut flower imports from 2021 to 2022, with Ecuador leading the way at $1.62M during this period.

Colombia boasts a wide variety of flowers, with carnations, roses, and orchids being the most prominent. Roses are particularly popular in the country, with one farm alone offering 30 different colours. Colombians are known to be particular about the colour of the rose while gifting it to someone, as each colour holds a specific significance.

Further, Colombian carnations are highly regarded worldwide for their beauty, quality, and longevity. Colombia is home to the largest number of orchid species in the world, with over 4,000 different types, including 1,543 that are exclusive to the country.

As per the Colombia floriculture market analysis, the floriculture sector is increasingly emphasising sustainable practices, such as utilising water-efficient irrigation systems, eco-friendly packaging, and organic growing methods. The expansion of e-commerce has also revolutionised the floriculture market, enabling customers to buy flowers online and fuelling the rise of online florists and flower delivery services. Moreover, the increasing awareness of environmental concerns, like climate change and habitat loss, is boosting the need for flowers grown sustainably and sourced ethically.

Colombia boasts nearly ideal conditions for the cultivation of commercial flowers, leading to the worldwide recognition of its floral sector. The primary region for flower production in the country is the savannah surrounding Bogota, characterised by consistent temperatures throughout the year and approximately 12 hours of daylight daily. Remarkably, this area, which was once a lake, has a presence of nutrient-rich clay soil and an extensive network of wetlands, tributaries, and waterfalls that are highly conducive to flower cultivation. Despite the capital city's prominence, other parts also showcase the flourishing growth of various flower species like heliconia and bird of paradise flowers (strelitzia).

Colombia Floriculture Market

Market Segmentation

Colombia Floriculture Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Cut Flower
  • Loose Flowers

Market Breakup by Flower Type

  • Roses
  • Chrysanthemums
  • Carnations
  • Alstroemerias
  • Hydrangeas
  • Lilies
  • Others

Market Breakup by Application

  • Aesthetic and Decorative Applications
  • Flavours and Fragrances
  • Natural Colours
  • Medicines
  • Others

Competitive Landscape

The market participants are focusing on the adoption of sustainable and ethical practices in flower production, and are also increasing their online presence to reach a wider audience.

  • Flores Funza
  • Elite Flower SAS CI
  • Sunshine Bouquet Company
  • Jardines de los Andes SAS
  • Agroindustria del Riofrio SAS
  • Flores El Trigal SAS 
  • Florval SAS 
  • Falcon Farms, Inc.
  • Ayurá S.A.S 
  • Alexandra Farms SAS
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Flower Type
  • Application
Breakup by Product Type
  • Cut Flower
  • Loose Flowers
Breakup by Flower Type
  • Roses
  • Chrysanthemums
  • Carnations
  • Alstroemerias
  • Hydrangeas
  • Lilies
  • Others
Breakup by Application
  • Aesthetic and Decorative Applications
  • Flavours and Fragrances
  • Natural Colours
  • Medicines
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Flores Funza   
  • Elite Flower SAS CI 
  • Sunshine Bouquet Company 
  • Jardines de los Andes SAS  
  • Flores El Trigal SAS  
  • Florval SAS 
  • Falcon Farms, Inc. 
  • Ayurá S.A.S 
  • Alexandra Farms SAS 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 195 million.

The market is projected to grow at a CAGR of 4.03% between 2024 and 2032.

The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 277 million by 2032.

The market is driven by the increased use of flowers on different occasions and festivals in Colombia and the cultural significance associated with flowers.

The key trends aiding the market expansion include the rise of e-commerce and the use of organic methods to cultivate flowers in the region.

The major product types in the market are cut flower and loose flowers.

The major flower types in the market are Roses, Chrysanthemums, Carnations, Alstroemerias, Hydrangeas, and Lilies, among others.

The major players in the market are Flores Funza, Elite Flower SAS CI, Sunshine Bouquet Company, Jardines de los Andes SAS, Agroindustria del Riofrio SAS, Flores El Trigal SAS, Florval SAS, Falcon Farms, Inc., Ayurá S.A.S, and Alexandra Farms SAS, and others.

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+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124