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

Contents:

  1. Price for Cereals; Oats, Other than Seed in Colombia (CIF) - 2022
  2. Price for Cereals; Oats, Other than Seed in Colombia (FOB) - 2022
  3. Imports of Cereals; Oats, Other than Seed in Colombia
  4. Exports of Cereals; Oats, Other than Seed in Colombia

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

The average import price for cereals; oats, other than seeds stood at $426 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $466 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($480 per ton), while the price for Canada ($316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereals; Oats, Other than Seed in Colombia (FOB) - 2022

The average export price for cereals; oats, other than seeds stood at $3,873 per ton in 2022, jumping by 36% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 99%. The export price peaked at $4,058 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($36,000 per ton), while the average price for exports to Canada ($667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Oats, Other than Seed in Colombia

In 2022, purchases abroad of cereals; oats, other than seeds increased by 227% to 523 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a significant contraction.

In value terms, cereals; oats, other than seed imports surged to $223K in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment.

Import of Cereals; Oats, Other than Seed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile26954.227.2176-13.2%
Argentina22.622.618.828.88.4%
Canada62.044.814.618.4-33.3%
United States36.120.4N/AN/A-43.5%
OthersN/AN/AN/AN/A0%
Total38914260.6223-16.9%

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

  1. Chile (404.7 tons)
  2. Argentina (60.1 tons)
  3. Canada (58.2 tons)

Exports of Cereals; Oats, Other than Seed in Colombia

In 2022, cereals; oats, other than seed exports from Colombia skyrocketed to 913 kg, rising by 434% against the previous year's figure. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; oats, other than seed exports skyrocketed to $3.5K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereals; Oats, Other than Seed in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1,9170%
Aruba1932861271,36892.1%
Chile10435.015.016015.4%
Curacao57.016.05.053.0-2.4%
JamaicaN/AN/A307N/A0%
Others76.070.032.038.0-20.6%
Total4304074863,536101.8%

Top Export Markets for Cereals; Oats, Other than Seed from Colombia in 2022:

  1. Netherlands (497.0 kg)
  2. Aruba (354.0 kg)
  3. Chile (42.0 kg)
  4. Curacao (16.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; oats, other than seed - Colombia