Price for Cereals; Oats, Other than Seed in Uruguay - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Uruguay (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Uruguay (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Uruguay
- Exports of Cereals; Oats, Other than Seed in Uruguay
Price for Cereals; Oats, Other than Seed in Uruguay (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $192 per ton in 2022, declining by -11.2% against the previous year. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 74%. The import price peaked at $248 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Paraguay ($291 per ton), while the price for Argentina ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+9.4%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Oats, Other than Seed in Uruguay (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $773 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 149%. Over the period under review, the average export prices hit record highs at $1,200 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($775 per ton), while the average price for exports to Italy totaled $771 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Oats, Other than Seed in Uruguay
In 2022, supplies from abroad of cereals; oats, other than seeds increased by 836% to 12K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports surged to $2.4M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Oats, Other than Seed in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 481 | 173 | 115 | 2,038 | 61.8% |
Paraguay | N/A | N/A | 91.8 | 271 | 195.2% |
Argentina | 101 | 81.3 | 77.6 | 54.3 | -18.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 582 | 254 | 284 | 2,363 | 59.5% |
Top Suppliers of Cereals; Oats, Other than Seed to Uruguay in 2022:
- Brazil (11.0K tons)
- Paraguay (0.9K tons)
- Argentina (0.4K tons)
Exports of Cereals; Oats, Other than Seed in Uruguay
In 2022, cereals; oats, other than seed exports from Uruguay skyrocketed to 85 tons, with an increase of 50% compared with the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.4% against 2020 indices.
In value terms, cereals; oats, other than seed exports soared to $66K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereals; Oats, Other than Seed in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 22.8 | 27.8 | 22.5 | 36.6 | 17.1% |
Italy | 32.1 | 22.7 | 13.5 | 29.5 | -2.8% |
Brazil | N/A | 3.3 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 54.9 | 53.7 | 36.0 | 66.1 | 6.4% |
Top Export Markets for Cereals; Oats, Other than Seed from Uruguay in 2022:
- Belgium (47.2 tons)
- Italy (38.3 tons)
This report provides an in-depth analysis of the oat market in Uruguay.
This report provides an in-depth analysis of the grain market in Uruguay.
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This report provides an in-depth analysis of the oat market in Uruguay.
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