Price for Insects; Live, Other than Bees in Uruguay - 2023

Contents:

  1. Price for Insects; Live, Other than Bees in Uruguay (CIF) - 2022
  2. Imports of Insects; Live, Other than Bees in Uruguay

Price for Insects; Live, Other than Bees in Uruguay (CIF) - 2022

In 2022, the average import price for insects; live, other than beeses amounted to $0.1 per thousand units, with a decrease of -17.4% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 175%. As a result, import price attained the peak level of $0.2 per thousand units, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($0.2 per thousand units), while the price for Canada (less than $0.1 per thousand units) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Insects; Live, Other than Bees in Uruguay

For the third consecutive year, Uruguay recorded decline in supplies from abroad of insects; live, other than beeses, which decreased by -30.5% to 371M units in 2022. Over the period under review, imports recorded a sharp descent. Over the period under review, imports attained the maximum at 3.8B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, insects; live, other than bees imports dropped significantly to $54K in 2022. In general, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.1% against the previous year. As a result, imports reached the peak of $138K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Insects; Live, Other than Bees in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina26.997.991.846.019.6%
Belgium33.04.41.56.3-42.4%
CanadaN/AN/AN/A1.30%
France73.635.4N/AN/A-51.9%
OthersN/AN/AN/AN/A0%
Total13413893.353.6-26.3%

Top Suppliers of Insects; Live, Other than Bees to Uruguay in 2022:

  1. Argentina (270.9M units)
  2. Belgium (62.0M units)
  3. Canada (38.0M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Insects; live, other than bees - Uruguay