Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay (CIF) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $251 per ton in 2022, increasing by 45% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +0.2% per year.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay
In 2022, approx. 369K tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were imported into Uruguay; picking up by 11% against the previous year. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 956%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $92M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 931%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1.9 | 20.2 | 57.8 | 92.5 | 265.1% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 2.0 | 20.3 | 57.8 | 92.5 | 259.0% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Uruguay in 2022:
- Argentina (369.0K tons)
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