Price for Cereal Grains; Rolled or Flaked, of Oats in Venezuela - 2022

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of oatses stood at $650 per ton in 2022, dropping by -6.2% 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 2020 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $815 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,099 per ton), while the price for Canada ($457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $801 per ton, which is down by -10.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 45%. The export price peaked at $1,214 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,790 per ton), while the average price for exports to Colombia ($349 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 Honduras (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Venezuela recorded growth in overseas purchases of cereal grains; rolled or flaked, of oatses, which increased by 123% to 10K tons in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of oatses soared to $6.6M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 146%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

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

1. Chile (10.1K tons)
2. Canada (0.1K tons)

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

In 2022, exports of cereal grains; rolled or flaked, of oatses from Venezuela shrank significantly to 157 tons, with a decrease of -40% compared with the previous year. In general, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 163% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of oatses declined remarkably to $125K in 2022. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 114% against the previous year.

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

1. United States (119.6 tons)
2. Colombia (18.2 tons)
3. Dominican Republic (12.3 tons)
4. Panama (6.5 tons)

Source: IndexBox Market Intelligence Platform