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

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Venezuela (CIF) - 2022
  2. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Venezuela

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

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $592 per ton, falling by -7.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 53% against the previous year. Over the period under review, average import prices attained the maximum at $1,060 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($609 per ton), while the price for Chile totaled $589 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-1.0%).

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

Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Venezuela surged to 12K tons in 2022, increasing by 55% compared with the previous year. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 160%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $7.3M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 219% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1.35.04.16.571.0%
Canada0.40.40.90.826.0%
OthersN/AN/AN/AN/A0%
Total1.75.55.17.362.5%

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

  1. Chile (11.0K tons)
  2. Canada (1.3K tons)

Source: IndexBox Market Intelligence Platform

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