Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $2,300 per ton, waning by -3.5% against the previous year. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, the export price attained the peak level of $4,704 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,336 per ton), while the average price for exports to the Netherlands ($1,950 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 France (+0.8%), while the prices for the other major destinations experienced a decline.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,151 per ton in 2022, picking up by 71% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buckwheat, millet and canary seed; other cerealses increased by +103.6% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,146 per ton), while the price for Peru stood at $1,056 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.2%).
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses were finally on the rise to reach 1.4K tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt decline.
In value terms, exports of buckwheat, millet and canary seed; other cerealses contracted to $3.3M in 2022. Overall, exports, however, continue to indicate a abrupt contraction.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 1,295 | 1,728 | 1,288 | 1,369 | 1.9% |
| United States | 1,538 | 673 | 431 | 860 | -17.6% |
| Canada | 1,276 | 992 | 950 | 700 | -18.1% |
| Netherlands | 856 | 460 | 117 | 156 | -43.3% |
| France | 277 | 271 | 253 | 100 | -28.8% |
| Germany | 325 | 191 | 185 | N/A | -24.6% |
| Others | 596 | 257 | 169 | 132 | -39.5% |
| Total | 6,163 | 4,572 | 3,392 | 3,316 | -18.7% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Ecuador in 2022:
- Israel (621.0 tons)
- United States (391.8 tons)
- Canada (280.0 tons)
- Netherlands (80.0 tons)
- France (30.0 tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador
In 2022, the amount of buckwheat, millet and canary seed; other cerealses imported into Ecuador reduced remarkably to 1.3K tons, which is down by -30.8% on 2021 figures. Overall, imports, however, posted a tangible increase. The growth pace was the most rapid in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of 1.8K tons, and then fell rapidly in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $1.4M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 683 | 517 | 1,147 | 1,423 | 27.7% |
| Peru | N/A | 48.8 | 70.7 | 11.3 | -51.9% |
| Others | 5.7 | 3.4 | 1.8 | 6.6 | 5.0% |
| Total | 688 | 569 | 1,220 | 1,441 | 27.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Ecuador in 2022:
- Canada (1241.1 tons)
- Peru (10.7 tons)
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