Broken Rice Price in Venezuela - 2022
Contents:
Broken Rice Price in Venezuela (CIF) - 2022
In 2022, the average broken rice import price amounted to $443 per ton, surging by 7.4% against the previous year. Overall, the import price, however, saw a slight shrinkage. The import price peaked at $544 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($794 per ton), while the price for Guyana ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.9%), while the prices for the other major suppliers experienced a decline.
Broken Rice Imports in Venezuela
In 2022, overseas purchases of broken rice were finally on the rise to reach 18K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep setback.
In value terms, broken rice imports soared to $8M in 2022. In general, imports, however, continue to indicate a deep slump.
| Import of Broken Rice in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 10.1 | 8.3 | 3.7 | 4.6 | -23.1% |
| Colombia | N/A | N/A | 0.5 | 2.0 | 300.0% |
| Brazil | 0.4 | 0.1 | 0.8 | 1.1 | 40.1% |
| Guyana | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Others | 0.6 | 0.2 | 0.1 | 0.2 | -30.7% |
| Total | 11.5 | 8.9 | 5.2 | 8.0 | -11.4% |
Top Suppliers of Broken Rice to Venezuela in 2022:
- Uruguay (11.6K tons)
- Brazil (2.7K tons)
- Colombia (2.5K tons)
- Guyana (1.1K tons)
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