Price for Cereals; Millet, Other than Seed in Uruguay - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Uruguay (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Uruguay (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Uruguay
- Exports of Cereals; Millet, Other than Seed in Uruguay
Price for Cereals; Millet, Other than Seed in Uruguay (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $515 per ton, reducing by -7.6% against the previous year. In general, the import price saw a mild descent. The pace of growth was the most pronounced in 2019 an increase of 51% against the previous year. The import price peaked at $621 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($854 per ton), while the price for Argentina totaled $410 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Uruguay (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $583 per ton, with an increase of 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.1%. The pace of growth appeared the most rapid in 2013 an increase of 66%. The export price peaked at $594 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +40.2% per year.
Imports of Cereals; Millet, Other than Seed in Uruguay
In 2022, approx. 21 tons of cereals; millet, other than seeds were imported into Uruguay; which is down by -80.9% against 2021 figures. Overall, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 136% against the previous year. As a result, imports reached the peak of 111 tons, and then contracted dramatically in the following year.
In value terms, cereals; millet, other than seed imports fell sharply to $11K in 2022. Over the period under review, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 127%. As a result, imports reached the peak of $62K, and then reduced dramatically in the following year.
| Import of Cereals; Millet, Other than Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 11.7 | 11.2 | 19.2 | 6.6 | -17.4% |
| India | 5.3 | 5.8 | 5.4 | 4.3 | -6.7% |
| Canada | 9.9 | 8.9 | 9.9 | N/A | 0.0% |
| Ukraine | N/A | N/A | 20.4 | N/A | 0% |
| Brazil | 17.4 | 1.3 | 7.0 | N/A | -36.6% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 44.6 | 27.2 | 61.8 | 10.9 | -37.5% |
Top Suppliers of Cereals; Millet, Other than Seed to Uruguay in 2022:
- Argentina (16.2 tons)
- India (5.0 tons)
Exports of Cereals; Millet, Other than Seed in Uruguay
In 2022, approx. 135 tons of cereals; millet, other than seeds were exported from Uruguay; surging by 1.7% against 2021 figures. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 818% against the previous year. As a result, the exports reached the peak of 245 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; millet, other than seed exports stood at $78K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 910%. As a result, the exports reached the peak of $145K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Millet, Other than Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.2 | 12.2 | 37.7 | 22.8 | 166.8% |
| Netherlands | N/A | 33.2 | N/A | N/A | 0% |
| Hungary | N/A | 26.6 | N/A | N/A | 0% |
| Others | 13.3 | 73.5 | 37.7 | 55.6 | 61.1% |
| Total | 14.4 | 145 | 75.4 | 78.4 | 75.9% |
Top Export Markets for Cereals; Millet, Other than Seed from Uruguay in 2022:
- Belgium (38.8 tons)
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