Price for Cereals; Millet, Other than Seed in Ecuador - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Ecuador (CIF) - 2022
- Imports of Cereals; Millet, Other than Seed in Ecuador
Price for Cereals; Millet, Other than Seed in Ecuador (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $939 per ton, standing approx. at the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed import price increased by +25.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 55% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +3.6% per year.
Imports of Cereals; Millet, Other than Seed in Ecuador
In 2022, the amount of cereals; millet, other than seeds imported into Ecuador dropped rapidly to 24 tons, with a decrease of -27.7% compared with the previous year's figure. In general, imports, however, saw a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 278% against the previous year. As a result, imports attained the peak of 33 tons, and then fell rapidly in the following year.
In value terms, cereals; millet, other than seed imports declined notably to $23K in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 426% against the previous year. As a result, imports attained the peak of $31K, and then fell remarkably in the following year.
| Import of Cereals; Millet, Other than Seed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 13.8 | 5.9 | 30.8 | 22.6 | 17.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.8 | 5.9 | 30.8 | 22.6 | 17.9% |
Top Suppliers of Cereals; Millet, Other than Seed to Ecuador in 2022:
- Canada (24.0 tons)
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This report provides an in-depth analysis of the millet market in Ecuador.
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This report provides an in-depth analysis of the cereal market in Ecuador.
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This report provides an in-depth analysis of the grain market in Ecuador.
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This report provides an in-depth analysis of the grain market in Ecuador.
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This report provides an in-depth analysis of the global millet market.
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