Cereals; Millet, Seed Price in Paraguay - 2024

Contents:

  1. Cereals; Millet, Seed Price in Paraguay (CIF) - 2022
  2. Cereals; Millet, Seed Price in Paraguay (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Paraguay
  4. Cereals; Millet, Seed Exports in Paraguay

Cereals; Millet, Seed Price in Paraguay (CIF) - 2022

In 2022, the average cereals; millet, seed import price amounted to $1,439 per ton, picking up by 18% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +10.7% per year.

Cereals; Millet, Seed Price in Paraguay (FOB) - 2022

In 2022, the average cereals; millet, seed export price amounted to $5,960 per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked at $9,657 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Cereals; Millet, Seed Imports in Paraguay

After three years of growth, overseas purchases of cereals; millet, seeds decreased by -8.2% to 5 tons in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 202% against the previous year.

In value terms, cereals; millet, seed imports expanded notably to $7.3K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 258% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cereals; Millet, Seed in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.51.96.77.3144.4%
OthersN/AN/AN/AN/A0%
Total0.51.96.77.3144.4%

Top Suppliers of Cereals; Millet, Seed to Paraguay in 2022:

  1. Brazil (5.0 tons)

Cereals; Millet, Seed Exports in Paraguay

In 2022, exports of cereals; millet, seeds from Paraguay amounted to 250 kg, approximately reflecting 2021. In general, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2021.

In value terms, cereals; millet, seed exports stood at $1.5K in 2022. Overall, exports recorded a sharp descent. The smallest decline of 99.9% was in 2021.

Export of Cereals; Millet, Seed in Paraguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/AN/A1.50%
United States6.0N/AN/A0%
OthersN/AN/AN/A0%
Total6.0N/A1.5-50.0%

Top Export Markets for Cereals; Millet, Seed from Paraguay in 2022:

  1. United Kingdom (250.0 kg)

Source: IndexBox Market Intelligence Platform

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