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

Contents:

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

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

In 2022, the average import price for cereals; oats, other than seeds amounted to $457 per ton, rising by 47% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed import price increased by +82.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($459 per ton), while the price for Canada stood at $446 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.3%).

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

The average export price for cereals; oats, other than seeds stood at $3,915 per ton in 2022, growing by 39% against the previous year. Overall, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.3% per year.

Imports of Cereals; Oats, Other than Seed in Ecuador

In 2022, approx. 11K tons of cereals; oats, other than seeds were imported into Ecuador; reducing by -34.8% against the year before. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17%.

In value terms, cereals; oats, other than seed imports declined to $5M in 2022. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year.

Import of Cereals; Oats, Other than Seed in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.10.30.24.327.0%
Canada3.73.85.00.7-42.6%
OthersN/AN/AN/AN/A0%
Total5.84.05.25.0-4.8%

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

  1. Chile (9.4K tons)
  2. Canada (1.6K tons)

Exports of Cereals; Oats, Other than Seed in Ecuador

In 2022, exports of cereals; oats, other than seeds from Ecuador rose slightly to 29 tons, surging by 2.9% on the previous year's figure. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, cereals; oats, other than seed exports skyrocketed to $114K in 2022. In general, exports enjoyed a significant increase. 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 Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States48.659.979.611432.9%
OthersN/AN/AN/AN/A0%
Total48.659.979.611432.9%

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

  1. United States (29.0 tons)

Source: IndexBox Market Intelligence Platform

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