Price for Cereal Grains; Rolled or Flaked, of Oats in Mexico - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Mexico (CIF) - 2023
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Mexico (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Mexico
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Mexico

Price for Cereal Grains; Rolled or Flaked, of Oats in Mexico (CIF) - 2023

In August 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $928 per ton, reducing by -45.9% against the previous month. Overall, the import price showed a abrupt setback. The pace of growth was the most pronounced in July 2023 when the average import price increased by 39% against the previous month. As a result, import price reached the peak level of $1,717 per ton, and then fell significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1,725 per ton), while the price for Chile amounted to $716 per ton.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Oats in Mexico (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of oatses stood at $2,258 per ton in 2022, picking up by 151% against the previous year. Overall, the export price posted a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($2,537 per ton), while the average price for exports to the United States amounted to $903 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Mexico

Imports of cereal grains; rolled or flaked, of oatses into Mexico surged to 8.8K tons in 2022, with an increase of 62% compared with 2021. Overall, imports, however, saw a perceptible curtailment.

In value terms, imports of cereal grains; rolled or flaked, of oatses soared to $8.7M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Mexico in 2022:

1. Chile (6.4K tons)
2. United States (1.9K tons)
3. Canada (0.5K tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Mexico

Exports of cereal grains; rolled or flaked, of oatses from Mexico reduced remarkably to 67 tons in 2022, waning by -27.1% compared with 2021. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of oatses skyrocketed to $152K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Mexico in 2022:

1. Belize (55.9 tons)
2. United States (11.5 tons)

Source: IndexBox Market Intelligence Platform