Bolivia - Cereals - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bolivia - Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Cereal Price in Bolivia - 2023

Contents:

  1. Cereal Price in Bolivia (FOB) - 2022
  2. Cereal Price in Bolivia (CIF) - 2022
  3. Cereal Exports in Bolivia
  4. Cereal Imports in Bolivia

Cereal Price in Bolivia (FOB) - 2022

In 2022, the average cereal export price amounted to $1,749 per ton, growing by 67% against the previous year. Overall, the export price showed a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 102%. As a result, the export price attained the peak level of $5,382 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($3,054 per ton), while the average price for exports to Peru ($207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Price in Bolivia (CIF) - 2022

In 2022, the average cereal import price amounted to $905 per ton, picking up by 160% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2015 an increase of 205% against the previous year. As a result, import price attained the peak level of $1,505 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,381 per ton), while the price for Argentina ($449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+1.2%), while the prices for the other major suppliers experienced a decline.

Cereal Exports in Bolivia

In 2022, after three years of growth, there was significant decline in overseas shipments of cereals, when their volume decreased by -59.3% to 57K tons. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 51%. As a result, the exports attained the peak of 141K tons, and then reduced markedly in the following year.

In value terms, cereal exports reduced markedly to $100M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 4.4% against the previous year. As a result, the exports reached the peak of $199M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cereal in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.869.137.239.8-12.7%
China5.34.15.08.416.6%
Canada8.711.05.98.1-2.4%
France15.49.57.97.4-21.7%
Germany12.913.711.67.4-16.9%
Australia8.06.55.35.2-13.4%
Netherlands7.611.56.14.9-13.6%
Ecuador0.60.92.32.867.1%
Spain4.12.42.52.4-16.3%
Peru1.51.97.71.62.2%
Chile3.52.58.21.5-24.6%
Others62.765.447.611.0-44.0%
Total190199147100-19.3%

Top Export Markets for Cereal from Bolivia in 2022:

  1. United States (19.1K tons)
  2. Peru (7.5K tons)
  3. China (4.2K tons)
  4. Canada (4.0K tons)
  5. Chile (3.9K tons)
  6. France (3.3K tons)
  7. Germany (3.3K tons)
  8. Australia (2.5K tons)
  9. Netherlands (2.4K tons)
  10. Spain (1.4K tons)
  11. Ecuador (0.9K tons)

Cereal Imports in Bolivia

In 2022, supplies from abroad of cereals decreased by -76.9% to 20K tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 112%. As a result, imports attained the peak of 163K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cereal imports contracted sharply to $18M in 2022. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 69% against the previous year. As a result, imports reached the peak of $48M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cereal in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.76.35.98.421.4%
Argentina18.432.321.36.8-28.2%
Brazil3.23.40.52.2-11.7%
Canada0.95.61.8N/A41.4%
Others1.50.90.60.7-22.4%
Total28.648.530.118.1-14.1%

Top Suppliers of Cereal to Bolivia in 2022:

  1. Argentina (15.1K tons)
  2. United States (3.8K tons)
  3. Brazil (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cereal market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 108 - Cereals, nes
  • FCL 103 - Mixed grain
  • FCL 92 - Quinoa
  • FCL 15 - Wheat
  • FCL 71 - Rye
  • FCL 44 - Barley
  • FCL 75 - Oats
  • FCL 56 - Maize
  • FCL 27 - Rice, paddy
  • FCL 83 - Sorghum
  • FCL 89 - Buckwheat
  • FCL 101 - Canary seed
  • FCL 94 - Fonio
  • FCL 97 - Triticale
  • FCL 79 - Millet

Country coverage:

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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