Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia - 2022

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (CIF) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,396 per ton, falling by -6.8% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by +74.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 87%. Over the period under review, average import prices reached the maximum at $1,948 per ton in 2015; however, from 2016 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 Bolivia ($9,176 per ton), while the price for Germany ($514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,246 per ton in 2022, shrinking by -21.1% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $2,440 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,500 per ton), while the average price for exports to Australia ($1,215 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 Spain (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia

Imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Colombia was estimated at 41 tons in 2022, increasing by 7.9% on 2021 figures. Over the period under review, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $57K in 2022. In general, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 148%.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A19.40%
Brazil17.010.220.213.8-6.7%
United States23.34.820.811.6-20.7%
Belgium6.32.15.44.4-11.3%
Bolivia31.84.15.94.2-49.1%
Canada1.00.61.83.145.8%
Germany2.21.01.60.8-28.6%
OthersN/A0.31.50.1-42.3%
Total81.623.157.157.5-11.0%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Colombia in 2022:

  1. United Kingdom (20.9 tons)
  2. Brazil (10.8 tons)
  3. United States (3.3 tons)
  4. Belgium (3.2 tons)
  5. Germany (1.6 tons)
  6. Canada (0.8 tons)
  7. Bolivia (0.5 tons)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia

In 2022, approx. 2.3 tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were exported from Colombia; rising by 492% against the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $2.9K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/AN/A1,7380%
Spain4212241634603.0%
Australia15487.036444041.9%
Canada10.09.060.0212176.8%
Aruba10.05.015.07.0-11.2%
Saudi Arabia242N/AN/AN/A0%
Others4.011.011.05.07.7%
Total8413366132,86250.4%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Colombia in 2022:

  1. Romania (1430.0 kg)
  2. Australia (362.0 kg)
  3. Spain (350.0 kg)
  4. Canada (144.0 kg)
  5. Aruba (9.0 kg)

Source: IndexBox Market Intelligence Platform

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