Cereals; Millet, Seed Price in Bolivia - 2023

Contents:

  1. Cereals; Millet, Seed Price in Bolivia (FOB) - 2022
  2. Cereals; Millet, Seed Price in Bolivia (CIF) - 2022
  3. Cereals; Millet, Seed Exports in Bolivia
  4. Cereals; Millet, Seed Imports in Bolivia

Cereals; Millet, Seed Price in Bolivia (FOB) - 2022

In 2022, the average cereals; millet, seed export price amounted to $4,186 per ton, increasing by 42% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50%. The export price peaked in 2022 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 Brazil.

From 2014 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.6% per year.

Cereals; Millet, Seed Price in Bolivia (CIF) - 2022

In 2022, the average cereals; millet, seed import price amounted to $1,360 per ton, approximately mirroring the previous year. In general, the import price showed a dramatic shrinkage. The growth pace was the most rapid in 2020 a decrease of 99.9%. Over the period under review, average import prices reached the maximum at $24,667 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to -32.4% per year.

Cereals; Millet, Seed Exports in Bolivia

Cereals; millet, seed exports from Bolivia skyrocketed to 87 tons in 2022, rising by 6,668% on the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, seed exports skyrocketed to $363K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereals; Millet, Seed in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil93.61343.836357.1%
AngolaN/A27.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total93.61623.836357.1%

Top Export Markets for Cereals; Millet, Seed from Bolivia in 2022:

  1. Brazil (86.6 tons)

Cereals; Millet, Seed Imports in Bolivia

In 2022, after two years of decline, there was decline in supplies from abroad of cereals; millet, seeds, when their volume decreased by 0% to 25 kg. Over the period under review, imports saw resilient growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cereals; millet, seed imports totaled $34 in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of 99.9% was in 2020.

Import of Cereals; Millet, Seed in Bolivia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States66.0N/AN/A34.0-19.8%
OthersN/AN/AN/AN/A0%
Total66.0N/AN/A34.0-19.8%

Top Suppliers of Cereals; Millet, Seed to Bolivia in 2022:

  1. United States (25.0 kg)

Source: IndexBox Market Intelligence Platform

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