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

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

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Cereal Price in Paraguay - 2023

Contents:

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

Cereal Price in Paraguay (FOB) - 2022

In 2022, the average cereal export price amounted to $245 per ton, rising by 9.5% against the previous year. Over the period under review, the export price, however, saw a slight descent. The growth pace was the most rapid in 2021 an increase of 33%. The export price peaked at $273 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($295 per ton) and Saudi Arabia ($264 per ton), while the average price for exports to Uruguay ($214 per ton) and Peru ($239 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 Saudi Arabia (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Price in Paraguay (CIF) - 2022

In 2022, the average cereal import price amounted to $4,475 per ton, growing by 38% against the previous year. In general, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 an increase of 288% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($4,824 per ton), while the price for Argentina ($2,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Cereal Exports in Paraguay

In 2022, overseas shipments of cereals were finally on the rise to reach 5.1M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereal exports surged to $1.2B in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil27427347264733.2%
Chile32.049.322.022792.1%
South Korea83.122.117.584.30.5%
PeruN/A1.1N/A56.3615.4%
Saudi Arabia34.120.7N/A48.412.4%
Uruguay28.617.62.539.411.3%
MexicoN/A23.7N/A24.82.3%
IsraelN/AN/AN/A21.00%
AlgeriaN/A6.0N/A20.484.4%
Others45.932.32.869.514.8%
Total4984465161,23935.5%

Top Export Markets for Cereal from Paraguay in 2022:

  1. Brazil (2707.5K tons)
  2. Chile (906.2K tons)
  3. South Korea (334.5K tons)
  4. Peru (235.9K tons)
  5. Uruguay (184.0K tons)
  6. Saudi Arabia (183.1K tons)
  7. Mexico (84.0K tons)
  8. Israel (83.3K tons)
  9. Algeria (81.1K tons)

Cereal Imports in Paraguay

In 2022, after three years of growth, there was significant decline in supplies from abroad of cereals, when their volume decreased by -13.8% to 22K tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 25K tons, and then fell in the following year.

In value terms, cereal imports surged to $96M in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Cereal in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil39.648.965.590.331.6%
Argentina6.33.912.85.9-2.2%
Bolivia0.80.22.80.1-50.0%
Others0.10.1N/A0.10.0%
Total46.853.181.196.327.2%

Top Suppliers of Cereal to Paraguay in 2022:

  1. Bolivia (undefinedK tons)
  2. Brazil (18.7K tons)
  3. Argentina (2.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cereal market in Paraguay. 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:

  • Paraguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Paraguay
  • 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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