Price for Cereals; Grain Sorghum, Seed in Uruguay - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Uruguay (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Uruguay (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Uruguay
- Exports of Cereals; Grain Sorghum, Seed in Uruguay
Price for Cereals; Grain Sorghum, Seed in Uruguay (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $3,867 per ton, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bolivia ($4,390 per ton), while the price for the United States ($3,849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Seed in Uruguay (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $3,317 per ton, declining by -51.7% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2014 an increase of 78%. Over the period under review, the average export prices attained the peak figure at $10,736 per ton in 2018; however, from 2019 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 Bolivia ($25,231 per ton), while the average price for exports to South Africa ($1,820 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 (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Uruguay
For the third year in a row, Uruguay recorded decline in supplies from abroad of cereals; grain sorghum, seeds, which decreased by -5.6% to 940 tons in 2022. Overall, imports faced a drastic downturn.
In value terms, cereals; grain sorghum, seed imports expanded sharply to $3.6M in 2022. In general, imports recorded a deep slump.
| Import of Cereals; Grain Sorghum, Seed in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 4.1 | 2.8 | 2.0 | 2.6 | -14.1% |
| United States | 0.9 | 0.8 | 1.2 | 1.0 | 3.6% |
| Bolivia | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 5.1 | 3.7 | 3.3 | 3.6 | -11.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Uruguay in 2022:
- Argentina (662.5 tons)
- United States (255.7 tons)
- Bolivia (21.5 tons)
Exports of Cereals; Grain Sorghum, Seed in Uruguay
Cereals; grain sorghum, seed exports from Uruguay surged to 71 tons in 2022, rising by 17% against 2021 figures. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,912% against the previous year. As a result, the exports reached the peak of 104 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; grain sorghum, seed exports contracted rapidly to $234K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,600%. As a result, the exports reached the peak of $683K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Grain Sorghum, Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 17.7 | 195 | 59.2 | 149 | 103.4% |
| France | 3.5 | 105 | 72.4 | 42.3 | 129.5% |
| Bolivia | 17.5 | 364 | 189 | 35.3 | 26.4% |
| Brazil | 1.4 | 18.4 | 6.7 | N/A | 118.8% |
| Others | N/A | 0.8 | 85.3 | 7.1 | 197.9% |
| Total | 40.2 | 683 | 413 | 234 | 79.9% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Uruguay in 2022:
- Argentina (63.9 tons)
- France (4.3 tons)
- Bolivia (1.4 tons)
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