Price for Cereal Groats; Meal and Pellets in Argentina - 2022
Contents:
- Price for Cereal Groats; Meal and Pellets in Argentina (FOB) - 2022
- Price for Cereal Groats; Meal and Pellets in Argentina (CIF) - 2022
- Exports of Cereal Groats; Meal and Pellets in Argentina
- Imports of Cereal Groats; Meal and Pellets in Argentina
Price for Cereal Groats; Meal and Pellets in Argentina (FOB) - 2022
In 2022, the average export price for cereal groats; meal and pelletses amounted to $436 per ton, increasing by 52% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The export price peaked at $613 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($925 per ton), while the average price for exports to Saudi Arabia ($318 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 Brazil (+1.2%), while the prices for the other major destinations experienced a decline.
Price for Cereal Groats; Meal and Pellets in Argentina (CIF) - 2022
The average import price for cereal groats; meal and pelletses stood at $918 per ton in 2022, rising by 7.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. The import price peaked at $1,070 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Poland ($2,652 per ton), while the price for the United States ($306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cereal Groats; Meal and Pellets in Argentina
In 2022, overseas shipments of cereal groats; meal and pelletses decreased by -19.2% to 95K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of 206K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereal groats; meal and pellets exports skyrocketed to $41M in 2022. Overall, exports saw a noticeable curtailment.
| Export of Cereal Groats; Meal and Pellets in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 32.3 | 34.7 | 24.4 | 28.1 | -4.5% |
| Brazil | 8.2 | 8.5 | 5.8 | 7.9 | -1.2% |
| New Zealand | 0.1 | 0.2 | 0.3 | 1.9 | 166.8% |
| Chile | 1.6 | 1.6 | 1.1 | 1.2 | -9.1% |
| Saudi Arabia | 1.0 | 2.3 | 1.0 | 0.7 | -11.2% |
| Others | 1.7 | 1.7 | 1.1 | 1.4 | -6.3% |
| Total | 44.9 | 49.0 | 33.7 | 41.3 | -2.7% |
Top Export Markets for Cereal Groats; Meal and Pellets from Argentina in 2022:
- Malaysia (75.5K tons)
- Brazil (8.6K tons)
- New Zealand (3.5K tons)
- Chile (2.8K tons)
- Saudi Arabia (2.3K tons)
Imports of Cereal Groats; Meal and Pellets in Argentina
In 2022, imports of cereal groats; meal and pelletses into Argentina soared to 9.9 tons, rising by 34% against 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 709%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereal groats; meal and pellets imports skyrocketed to $9.1K in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 698%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereal Groats; Meal and Pellets in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.1 | 4.8 | 0.3 | 3.2 | 217.5% |
| Italy | 0.2 | 2.6 | 0.2 | 2.6 | 135.1% |
| United States | 0.7 | 2.7 | 0.1 | 1.6 | 31.7% |
| Taiwan (Chinese) | 0.1 | 0.4 | 0.1 | 0.7 | 91.3% |
| Mexico | 0.1 | 0.4 | N/A | 0.2 | 26.0% |
| Turkey | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| United Arab Emirates | N/A | N/A | 5.4 | N/A | 0% |
| Others | 0.2 | 0.8 | 0.2 | 0.8 | 58.7% |
| Total | 1.5 | 11.9 | 6.3 | 9.1 | 82.4% |
Top Suppliers of Cereal Groats; Meal and Pellets to Argentina in 2022:
- United States (5.1 tons)
- Italy (2.8 tons)
- Poland (1.2 tons)
- Taiwan (Chinese) (0.3 tons)
- Mexico (0.3 tons)
- Turkey (0.2 tons)
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