Price for Cereals; Grain Sorghum, Other than Seed in Chile - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Chile (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Chile (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Chile
- Exports of Cereals; Grain Sorghum, Other than Seed in Chile
Price for Cereals; Grain Sorghum, Other than Seed in Chile (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $318 per ton, increasing by 35% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 cereals; grain sorghum, other than seeds increased by +79.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($325 per ton) and Paraguay ($314 per ton), while the price for Argentina ($309 per ton) and Bolivia ($310 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in Chile (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $3,380 per ton, picking up by 18% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,380 per ton), while the average price for exports to Japan amounted to $3,374 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Grain Sorghum, Other than Seed in Chile
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Chile dropped dramatically to 3.9K tons, declining by -84% compared with 2021 figures. Over the period under review, imports faced a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year.
In value terms, imports of cereals; grain sorghum, other than seeds reduced markedly to $1.2M in 2022. In general, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 89%.
| Import of Cereals; Grain Sorghum, Other than Seed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 4.6 | 1.5 | 1.4 | 0.7 | -46.6% |
| Bolivia | 4.1 | 1.5 | 4.2 | 0.3 | -58.2% |
| Paraguay | N/A | N/A | N/A | 0.2 | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 8.7 | 3.0 | 5.8 | 1.2 | -48.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Chile in 2022:
- Argentina (2249.2 tons)
- Bolivia (1021.8 tons)
- Paraguay (513.0 tons)
- China (100.0 tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Chile
In 2022, the amount of cereals; grain sorghum, other than seeds exported from Chile surged to 6.6 tons, with an increase of 81% compared with the previous year. In general, exports, however, saw a sharp decrease.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $22K in 2022. Over the period under review, exports, however, showed a precipitous decline.
| Export of Cereals; Grain Sorghum, Other than Seed in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 12.7 | 1.1 | 20.9 | 28.3% | |
| Japan | 3.4 | 0.4 | 1.3 | -38.2% | |
| Germany | 57.6 | 8.8 | N/A | -84.7% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 73.7 | 10.4 | 22.2 | -45.1% | |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Chile in 2022:
- United States (6.2 tons)
- Japan (0.4 tons)
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