Cereals; Millet, Seed Price in Ecuador - 2022
Contents:
Cereals; Millet, Seed Price in Ecuador (CIF) - 2022
The average cereals; millet, seed import price stood at $400 per ton in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure at $424 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.6% per year.
Cereals; Millet, Seed Imports in Ecuador
Cereals; millet, seed imports into Ecuador totaled 86 tons in 2022, flattening at 2021 figures. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 103% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, cereals; millet, seed imports totaled $34K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Cereals; Millet, Seed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 15.6 | 13.8 | 22.4 | 34.4 | 30.2% |
| United States | N/A | N/A | 11.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.6 | 13.8 | 34.2 | 34.4 | 30.2% |
Top Suppliers of Cereals; Millet, Seed to Ecuador in 2022:
- Canada (85.9 tons)
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