Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (CIF) - 2022
In February 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $708 per ton, declining by -4% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2021 when the average import price increased by 7.7% month-to-month. The import price peaked at $737 per ton in January 2022, and then fell in the following month.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From February 2021 to February 2022, the rate of growth in terms of prices for Canada amounted to +1.1% per month.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $4,221 per ton in 2022, increasing by 24% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 76% against the previous year. The export price peaked at $6,527 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($6,324 per ton), while the average price for exports to Spain stood at $3,825 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia
In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -16.4% to 18K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 27K 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 declined notably to $10M in 2022. Overall, imports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2020 when imports increased by 47%. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 9.9 | 14.2 | 11.2 | 10.3 | 1.3% |
| Canada | 0.9 | 1.5 | 1.5 | N/A | 29.1% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 10.8 | 15.9 | 12.8 | 10.3 | -1.6% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Colombia in 2022:
- Chile (18.0K tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia
In 2022, approx. 4.7 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were exported from Colombia; declining by -2.2% against the year before. The total export volume increased at an average annual rate of +6.4% over the period 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 2021 when exports increased by 37%. As a result, the exports attained the peak of 4.8 tons, and then dropped slightly in the following year.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $20K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.1 | 8.0 | 13.5 | 15.2 | 14.6% |
| Australia | N/A | N/A | N/A | 4.7 | 0% |
| Ecuador | 1.0 | 1.1 | 0.5 | N/A | -29.3% |
| United States | 1.5 | 0.7 | 0.7 | N/A | -31.7% |
| Panama | N/A | 0.8 | 0.4 | N/A | -50.0% |
| Gambia | 0.2 | N/A | N/A | N/A | 0% |
| Portugal | 1.7 | 1.9 | 1.1 | N/A | -19.6% |
| Others | 0.6 | 0.6 | 0.4 | N/A | -18.4% |
| Total | 15.1 | 13.1 | 16.5 | 20.0 | 9.8% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Colombia in 2022:
- Spain (4.0 tons)
- Australia (0.7 tons)
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