Price for Cereals; Maize (Corn), Seed in Bolivia - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Bolivia (FOB) - 2022
- Price for Cereals; Maize (Corn), Seed in Bolivia (CIF) - 2022
- Exports of Cereals; Maize (Corn), Seed in Bolivia
- Imports of Cereals; Maize (Corn), Seed in Bolivia
Price for Cereals; Maize (Corn), Seed in Bolivia (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $3,413 per ton in 2022, with an increase of 4.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $4,492 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ecuador ($3,842 per ton) and Angola ($3,733 per ton), while the average price for exports to Peru ($3,000 per ton) and Colombia ($3,057 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Seed in Bolivia (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $4,212 per ton in 2022, growing by 1.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. The import price peaked at $4,844 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($4,212 per ton), while the price for Thailand ($4,212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Maize (Corn), Seed in Bolivia
In 2022, overseas shipments of cereals; maize (corn), seeds decreased by -23.9% to 1.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; maize (corn), seed exports declined rapidly to $4.6M in 2022. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 178%. As a result, the exports attained the peak of $8.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Maize (Corn), Seed in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 573 | 938 | 2,281 | 2,188 | 56.3% |
| Peru | 959 | 1,545 | 1,956 | 1,374 | 12.7% |
| Colombia | 329 | 696 | 959 | 625 | 23.8% |
| Angola | 90.2 | 235 | 244 | 335 | 54.9% |
| Venezuela | N/A | 4,282 | N/A | 1.5 | -98.1% |
| Paraguay | 401 | N/A | N/A | N/A | 0% |
| Brazil | 575 | 601 | 117 | N/A | -54.9% |
| Others | 61.8 | 25.1 | 173 | 51.4 | -6.0% |
| Total | 2,989 | 8,323 | 5,731 | 4,576 | 15.3% |
Top Export Markets for Cereals; Maize (Corn), Seed from Bolivia in 2022:
- Ecuador (569.6 tons)
- Peru (458.2 tons)
- Colombia (204.6 tons)
- Angola (89.7 tons)
- Venezuela (0.4 tons)
Imports of Cereals; Maize (Corn), Seed in Bolivia
Cereals; maize (corn), seed imports into Bolivia surged to 389 tons in 2022, growing by 252% compared with the previous year. Over the period under review, imports, however, recorded a significant curtailment.
In value terms, cereals; maize (corn), seed imports surged to $1.6M in 2022. In general, imports, however, continue to indicate a dramatic curtailment.
| Import of Cereals; Maize (Corn), Seed in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,634 | 154 | 379 | 644 | -26.7% |
| Thailand | 417 | 0.4 | 0.3 | 619 | 14.1% |
| Argentina | 1,284 | 101 | 78.5 | 376 | -33.6% |
| Chile | 279 | 124 | N/A | N/A | -55.6% |
| Others | 103 | N/A | N/A | N/A | 0% |
| Total | 3,717 | 380 | 458 | 1,639 | -23.9% |
Top Suppliers of Cereals; Maize (Corn), Seed to Bolivia in 2022:
- Brazil (153.0 tons)
- Thailand (146.9 tons)
- Argentina (89.2 tons)
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