Price for Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,005 per ton in 2022, falling by -12.5% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buckwheat, millet and canary seed; other cerealses decreased by -16.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 36%. As a result, import price reached the peak level of $1,202 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,643 per ton), while the price for Brazil ($347 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $1,714 per ton, shrinking by -37.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 92% against the previous year. The export price peaked at $4,161 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,763 per ton), while the average price for exports to the United States amounted to $1,077 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.7%).
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela
In 2022, imports of buckwheat, millet and canary seed; other cerealses into Venezuela surged to 470 tons, rising by 94% compared with the previous year's figure. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 120%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $472K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 198% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 98.6 | 254 | 106 | 312 | 46.8% |
| United States | 9.3 | 29.4 | 26.4 | 69.4 | 95.4% |
| Bolivia | 1.2 | 41.7 | 44.3 | 28.7 | 188.1% |
| India | N/A | N/A | 13.0 | 19.5 | 50.0% |
| Peru | 20.0 | 50.7 | 64.3 | 14.3 | -10.6% |
| Brazil | N/A | N/A | N/A | 2.6 | 0% |
| Others | 12.4 | 46.4 | 24.5 | 26.2 | 28.3% |
| Total | 142 | 422 | 278 | 472 | 49.2% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Venezuela in 2022:
- Canada (414.0 tons)
- United States (15.0 tons)
- India (12.0 tons)
- Bolivia (9.0 tons)
- Brazil (7.4 tons)
- Peru (7.0 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -85.4% to 7.2 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 375% against the previous year. As a result, the exports reached the peak of 94 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of buckwheat, millet and canary seed; other cerealses fell rapidly to $12K in 2022. Overall, exports saw a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 812%. As a result, the exports attained the peak of $255K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.1 | 243 | 127 | 11.7 | -22.5% |
| United States | 1.4 | 12.3 | 6.3 | 0.6 | -24.6% |
| Others | 1.5 | N/A | N/A | N/A | 0% |
| Total | 28.0 | 255 | 134 | 12.3 | -24.0% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Venezuela in 2022:
- Germany (6.7 tons)
- United States (0.5 tons)
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