Price for Cereals; Grain Sorghum, Seed in Bolivia - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Bolivia (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Bolivia (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Bolivia
- Exports of Cereals; Grain Sorghum, Seed in Bolivia
Price for Cereals; Grain Sorghum, Seed in Bolivia (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $2,071 per ton, reducing by -36.4% against the previous year. Over the period under review, the import price showed a mild slump. The growth pace was the most rapid in 2013 when the average import price increased by 32% against the previous year. The import price peaked at $3,432 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,064 per ton), while the price for Brazil ($2,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Grain Sorghum, Seed in Bolivia (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $4,253 per ton in 2022, with a decrease of -12.7% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 45%. The export price peaked at $4,869 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($6,640 per ton), while the average price for exports to Argentina ($4,095 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 Angola (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Bolivia
After two years of decline, purchases abroad of cereals; grain sorghum, seeds increased by 131% to 5K tons in 2022. Over the period under review, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed imports skyrocketed to $10M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Seed in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.2 | 5.2 | 5.1 | 7.4 | 20.8% |
| Brazil | 0.9 | 2.4 | 0.1 | 1.5 | 18.6% |
| Argentina | 3.3 | 1.7 | 1.5 | 1.3 | -26.7% |
| Others | N/A | 0.3 | 0.3 | N/A | 0.0% |
| Total | 8.5 | 9.5 | 7.0 | 10.3 | 6.6% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Bolivia in 2022:
- United States (3.6K tons)
- Brazil (0.7K tons)
- Argentina (0.6K tons)
Exports of Cereals; Grain Sorghum, Seed in Bolivia
In 2022, overseas shipments of cereals; grain sorghum, seeds decreased by -16.5% to 234 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 45%. As a result, the exports reached the peak of 599 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; grain sorghum, seed exports declined dramatically to $996K in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Grain Sorghum, Seed in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 7.0 | 61.6 | 149 | 713 | 367.0% |
| Brazil | 1,487 | 2,272 | 973 | 222 | -47.0% |
| Angola | 44.0 | 72.8 | 55.3 | 61.0 | 11.5% |
| Paraguay | 358 | 166 | 183 | N/A | -28.5% |
| Others | N/A | 0.1 | 6.3 | 0.1 | 0.0% |
| Total | 1,896 | 2,572 | 1,367 | 996 | -19.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Bolivia in 2022:
- Argentina (174.0 tons)
- Brazil (50.9 tons)
- Angola (9.2 tons)
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