Broken Rice Price in Uruguay - 2022
Contents:
- Broken Rice Price in Uruguay (FOB) - 2022
- Broken Rice Price in Uruguay (CIF) - 2022
- Broken Rice Exports in Uruguay
- Broken Rice Imports in Uruguay
Broken Rice Price in Uruguay (FOB) - 2022
In 2022, the average broken rice export price amounted to $376 per ton, rising by 2.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the maximum at $381 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sierra Leone ($404 per ton) and Belgium ($386 per ton), while the average price for exports to the UK ($280 per ton) and Brazil ($292 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Price in Uruguay (CIF) - 2022
In 2022, the average broken rice import price amounted to $240 per ton, with an increase of 21% against the previous year. In general, the import price, however, showed a abrupt decline. The growth pace was the most rapid in 2015 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $648 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($241 per ton), while the price for Paraguay totaled $237 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (-6.3%).
Broken Rice Exports in Uruguay
In 2022, overseas shipments of broken rice decreased by -11.7% to 60K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.4% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 86K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, broken rice exports contracted to $22M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 40%. As a result, the exports attained the peak of $28M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Broken Rice in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sierra Leone | 4.6 | 4.0 | 3.8 | 8.3 | 21.7% |
| Senegal | 6.9 | 9.0 | 1.2 | 6.9 | 0.0% |
| Venezuela | 2.2 | 3.1 | 2.8 | 4.3 | 25.0% |
| Brazil | 0.2 | 0.9 | 0.4 | 1.0 | 71.0% |
| United Kingdom | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Germany | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Switzerland | 0.6 | 1.0 | 1.1 | N/A | 35.4% |
| Gambia | 0.8 | 1.1 | 0.8 | N/A | 0.0% |
| Guinea | 1.8 | 3.1 | 3.7 | N/A | 43.4% |
| Others | 2.5 | 5.4 | 10.3 | 0.6 | -37.9% |
| Total | 19.9 | 27.9 | 24.8 | 22.5 | 4.2% |
Top Export Markets for Broken Rice from Uruguay in 2022:
- Sierra Leone (20.7K tons)
- Senegal (18.7K tons)
- Venezuela (11.0K tons)
- Brazil (3.5K tons)
- United Kingdom (2.6K tons)
- Germany (1.7K tons)
Broken Rice Imports in Uruguay
In 2022, approx. 165 tons of broken rice were imported into Uruguay; reducing by -8.3% against the previous year's figure. Over the period under review, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
In value terms, broken rice imports rose notably to $40K in 2022. In general, imports recorded a dramatic slump.
| Import of Broken Rice in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 152 | 40.3 | 33.2 | 36.9 | -37.6% |
| Paraguay | 37.1 | 3.2 | 2.6 | 2.8 | -57.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 189 | 43.5 | 35.8 | 39.6 | -40.6% |
Top Suppliers of Broken Rice to Uruguay in 2022:
- Brazil (153.3 tons)
- Paraguay (11.8 tons)
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