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

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Uruguay (CIF) - 2022
2. Imports of Cereal Grains; Rolled or Flaked, of Oats in Uruguay

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

In 2022, the average import price for cereal grains; rolled or flaked, of oatses amounted to $679 per ton, dropping by -7.4% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. The import price peaked at $987 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,494 per ton), while the price for Chile ($664 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the fourth consecutive year, Uruguay recorded growth in purchases abroad of cereal grains; rolled or flaked, of oatses, which increased by 1.5% to 2.6K tons in 2022. The total import volume increased at an average annual rate of +14.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of cereal grains; rolled or flaked, of oatses dropped to $1.8M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 68%.

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

1. Chile (2518.4 tons)
2. Brazil (103.9 tons)

Source: IndexBox Market Intelligence Platform