Price for Cereal Flours; Other than of Wheat or Meslin in Argentina - 2023

Contents:

1. Price for Cereal Flours; Other than of Wheat or Meslin in Argentina (CIF) - 2022
2. Price for Cereal Flours; Other than of Wheat or Meslin in Argentina (FOB) - 2022
3. Imports of Cereal Flours; Other than of Wheat or Meslin in Argentina
4. Exports of Cereal Flours; Other than of Wheat or Meslin in Argentina

Price for Cereal Flours; Other than of Wheat or Meslin in Argentina (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $881 per ton, rising by 13% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $882 per ton in 2019; however, from 2020 to 2022, 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 ($1,161 per ton), while the price for Chile ($765 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in Argentina (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $612 per ton in 2022, rising by 18% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. The export price peaked at $657 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($728 per ton), while the average price for exports to Chile totaled $363 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Flours; Other than of Wheat or Meslin in Argentina

In 2022, imports of cereal flours; other than of wheat or meslin into Argentina rose sharply to 5.1K tons, increasing by 10% against 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 70%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $4.5M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Argentina in 2022:

1. Colombia (2.7K tons)
2. United States (1.5K tons)
3. Chile (0.9K tons)
4. Brazil (0.1K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Argentina

Exports of cereal flours; other than of wheat or meslin from Argentina dropped remarkably to 1.3K tons in 2022, waning by -80.5% compared with the previous year. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 6.7K tons, and then declined remarkably in the following year.

In value terms, exports of cereal flours; other than of wheat or meslin reduced markedly to $798K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of $3.5M, and then dropped sharply in the following year.

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Argentina in 2022:

1. Uruguay (888.9 tons)
2. Chile (414.8 tons)

Source: IndexBox Market Intelligence Platform