Price for Cereal Flours; Other than of Wheat or Meslin in Paraguay - 2024

Contents:

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

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

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $1,025 per ton, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2019 an increase of 15% against the previous year. Over the period under review, average import prices attained the peak figure at $1,048 per ton in 2017; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,181 per ton) and Colombia ($1,086 per ton), while the price for the United States ($967 per ton) and Argentina ($1,007 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.9%), 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 Paraguay (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $847 per ton in 2022, growing by 16% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2015 an increase of 282%. As a result, the export price attained the peak level of $2,507 per ton. From 2016 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 the United States ($1,579 per ton), while the average price for exports to Spain amounted to $782 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-4.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of cereal flours; other than of wheat or meslin imported into Paraguay was estimated at 334 tons, almost unchanged from the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% 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 +68.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $342K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Argentina (168.3 tons)
2. Brazil (60.2 tons)
3. United States (56.3 tons)
4. Colombia (39.6 tons)
5. Germany (5.6 tons)
6. Chile (2.9 tons)

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

In 2022, the amount of cereal flours; other than of wheat or meslin exported from Paraguay rose remarkably to 22 tons, growing by 13% compared with 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of cereal flours; other than of wheat or meslin surged to $19K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. Spain (20.2 tons)
2. United States (1.3 tons)
3. Uruguay (0.2 tons)

Source: IndexBox Market Intelligence Platform