Price for Cereals; Millet, Other than Seed in Colombia - 2022

Contents:

  1. Price for Cereals; Millet, Other than Seed in Colombia (CIF) - 2022
  2. Imports of Cereals; Millet, Other than Seed in Colombia

Price for Cereals; Millet, Other than Seed in Colombia (CIF) - 2022

In 2022, the average import price for cereals; millet, other than seeds amounted to $363 per ton, falling by -7.2% against the previous year. Overall, the import price showed a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 8.5%. Over the period under review, average import prices attained the maximum at $659 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 Canada ($370 per ton), while the price for the United States totaled $358 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-5.4%).

Imports of Cereals; Millet, Other than Seed in Colombia

Cereals; millet, other than seed imports into Colombia soared to 1.6K tons in 2022, with an increase of 75% against the year before. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed imports soared to $578K in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Millet, Other than Seed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15311324.030425.7%
Canada10413433227538.3%
OthersN/AN/AN/AN/A0%
Total25824735657830.8%

Top Suppliers of Cereals; Millet, Other than Seed to Colombia in 2022:

  1. United States (848.8 tons)
  2. Canada (742.7 tons)

Source: IndexBox Market Intelligence Platform

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