Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile - 2024

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (FOB) - 2024
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (CIF) - 2022
  3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile
  4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (FOB) - 2024

In January 2024, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $663 per ton, picking up by 2.4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $675 per ton in October 2023; however, from November 2023 to January 2024, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In January 2024, the countries with the highest prices were the Dominican Republic ($727 per ton) and Guatemala ($726 per ton), while the average price for exports to Ecuador ($561 per ton) and Colombia ($596 per ton) were amongst the lowest.

From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $3,423 per ton in 2022, shrinking by -24.9% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80%. Over the period under review, average import prices hit record highs at $23,148 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 the United States ($4,378 per ton), while the price for Estonia ($1,279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-8.8%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile

Exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses from Chile surged to 98K tons in 2022, jumping by 19% against the previous year's figure. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports reached the peak of 108K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses reached $57M in 2022. The total export value increased at an average annual rate of +10.7% 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 with an increase of 47% against the previous year. As a result, the exports attained the peak of $61M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala6.111.410.713.731.0%
Peru5.912.010.710.220.0%
Colombia9.612.111.59.0-2.1%
Venezuela1.75.04.27.362.5%
Dominican Republic5.87.06.75.7-0.6%
Ecuador0.41.40.63.095.7%
India4.24.81.42.1-20.6%
Costa Rica1.72.01.21.70.0%
Nicaragua4.14.22.60.2-63.5%
Others2.21.41.23.516.7%
Total41.761.250.656.610.7%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Chile in 2022:

  1. Guatemala (21.4K tons)
  2. Peru (18.4K tons)
  3. Colombia (18.0K tons)
  4. Venezuela (12.3K tons)
  5. Dominican Republic (8.8K tons)
  6. Ecuador (5.4K tons)
  7. India (4.6K tons)
  8. Costa Rica (2.9K tons)
  9. Nicaragua (0.3K tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile

In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Chile skyrocketed to 69 tons, with an increase of 125% against the previous year. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 16,668% against the previous year. As a result, imports reached the peak of 84 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $237K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 8,722% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.5N/A116206644.1%
EstoniaN/AN/AN/A25.60%
Peru0.44.41.75.9145.2%
ArgentinaN/AN/A14.5N/A0%
CanadaN/A206N/AN/A0%
Others1.62.88.30.3-42.8%
Total2.4213141237362.2%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Chile in 2022:

  1. United States (46.9 tons)
  2. Estonia (20.0 tons)
  3. Peru (2.3 tons)

Source: IndexBox Market Intelligence Platform

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