Price for Cereals; Millet, Other than Seed in Paraguay - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Paraguay (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Paraguay (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Paraguay
- Exports of Cereals; Millet, Other than Seed in Paraguay
Price for Cereals; Millet, Other than Seed in Paraguay (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $1,162 per ton, with an increase of 33% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed import price increased by +93.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 45%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +5.7% per year.
Price for Cereals; Millet, Other than Seed in Paraguay (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $3,524 per ton in 2022, picking up by 133% against the previous year. In general, the export price, however, saw a noticeable descent. The export price peaked at $4,868 per ton in 2015; however, from 2016 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 the United Arab Emirates ($29,049 per ton), while the average price for exports to Trinidad and Tobago ($3,111 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1,820.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Millet, Other than Seed in Paraguay
In 2022, overseas purchases of cereals; millet, other than seeds were finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp setback.
In value terms, cereals; millet, other than seed imports skyrocketed to $1.5K in 2022. In general, imports, however, showed a dramatic downturn.
| Import of Cereals; Millet, Other than Seed in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.2 | 1.5 | N/A | 1.5 | -12.0% |
| Argentina | 3.9 | 4.4 | 0.2 | N/A | -77.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.2 | 5.9 | 0.2 | 1.5 | -37.7% |
Top Suppliers of Cereals; Millet, Other than Seed to Paraguay in 2022:
- Brazil (1.3 tons)
Exports of Cereals; Millet, Other than Seed in Paraguay
Cereals; millet, other than seed exports from Paraguay reduced notably to 14 tons in 2022, with a decrease of -33% on the year before. Over the period under review, exports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, the exports reached the peak of 20 tons, and then reduced rapidly in the following year.
In value terms, cereals; millet, other than seed exports skyrocketed to $48K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 127%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Cereals; Millet, Other than Seed in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | N/A | N/A | N/A | 38.4 | 0% |
| Iceland | N/A | N/A | N/A | 6.9 | 0% |
| United Arab Emirates | N/A | N/A | 30.7 | 2.4 | -92.2% |
| Brazil | 7.5 | 13.5 | N/A | N/A | 80.0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 7.5 | 13.5 | 30.7 | 47.9 | 85.5% |
Top Export Markets for Cereals; Millet, Other than Seed from Paraguay in 2022:
- Trinidad and Tobago (12.3 tons)
- Iceland (1.1 tons)
- United Arab Emirates (0.1 tons)
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