Price for Cereals; Maize (Corn), Other than Seed in Uruguay - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Uruguay (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Uruguay (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Uruguay
- Exports of Cereals; Maize (Corn), Other than Seed in Uruguay
Price for Cereals; Maize (Corn), Other than Seed in Uruguay (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $258 per ton, increasing by 34% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $263 per ton in 2012; however, from 2013 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 Argentina ($299 per ton), while the price for Paraguay amounted to $257 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+0.0%).
Price for Cereals; Maize (Corn), Other than Seed in Uruguay (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $332 per ton, growing by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $358 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +117.4% per year.
Imports of Cereals; Maize (Corn), Other than Seed in Uruguay
After two years of decline, overseas purchases of cereals; maize (corn), other than seeds increased by 145% to 155K tons in 2022. Over the period under review, imports, however, recorded a deep slump.
In value terms, imports of cereals; maize (corn), other than seeds soared to $40M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 38.2 | 16.5 | 2.5 | 39.0 | 0.7% |
| Argentina | 1.2 | 6.1 | 9.8 | 1.0 | -5.9% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 39.4 | 22.6 | 12.2 | 40.1 | 0.6% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Uruguay in 2022:
- Paraguay (151.8K tons)
- Argentina (3.4K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Uruguay
In 2022, exports of cereals; maize (corn), other than seeds from Uruguay declined sharply to 14K tons, shrinking by -52.3% on 2021. Over the period under review, exports showed a precipitous setback. The smallest decline of -30.9% was in 2021.
In value terms, exports of cereals; maize (corn), other than seeds reduced rapidly to $4.8M in 2022. In general, exports recorded a dramatic curtailment. The smallest decline of -20.4% was in 2021.
| Export of Cereals; Maize (Corn), Other than Seed in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 6.2 | 6.6 | N/A | 4.8 | -8.2% |
| Niger | N/A | N/A | 7.0 | N/A | 0% |
| Senegal | 4.5 | N/A | N/A | N/A | 0% |
| Cabo Verde | 1.2 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | 2.9 | N/A | N/A | 0% |
| Tanzania | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 12.0 | 9.5 | 7.6 | 4.8 | -26.3% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Uruguay in 2022:
- Chile (14.5K tons)
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