Colombia Consumer Goods and Retail Sector Report H1 2025

Colombia's GDP grew by 1.7% y/y in real terms in 2024, driven primarily by private consumption on the demand side, which increased from 0.4% in 2023 to 1.6% in 2024. This strengthening of demand has allowed for the gradual recovery of the retail sector, which registered the highest growth in the last quarter of 2024. In December 2024, the retail trade index increased by 7.8% y/y in real terms, with expansion in 16 of the 19 sectors. The sectors with the highest contributions throughout the year were motor vehicles and motorcycles (0.7pp), information technology and telecommunications equipment (0.7pp) and other motor vehicles and motorcycles (0.5pp). Increased household spending on durable and non-durable goods was driven by reduced inflation and lower interest rates. In January 2025, consumer price inflation stood at 5.2% y/y, mainly due to services inflation.

This report provides a complete and detailed analysis of the "Retailing" sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Retailing" sector in Colombia
• Crystallise the forces both driving and restraining this sector in Colombia
• Ascertain Colombia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Colombia.
• Build a clear picture of trends, output and consumption for specific sub-sectors