Cereals; Millet, Seed Price in Uruguay - 2021
Contents:
- Cereals; Millet, Seed Price in Uruguay (FOB) - 2022
- Cereals; Millet, Seed Price in Uruguay (CIF) - 2022
- Cereals; Millet, Seed Exports in Uruguay
- Cereals; Millet, Seed Imports in Uruguay
Cereals; Millet, Seed Price in Uruguay (FOB) - 2022
In 2022, the average cereals; millet, seed export price amounted to $736 per ton, surging by 18% against the previous year. Overall, the export price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,075 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($1,530 per ton), while the average price for exports to France ($628 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 Argentina (-0.8%), while the prices for the other major destinations experienced a decline.
Cereals; Millet, Seed Price in Uruguay (CIF) - 2022
The average cereals; millet, seed import price stood at $363 per ton in 2022, rising by 4.7% against the previous year. Overall, the import price, however, saw a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 10%. The import price peaked at $752 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.7% per year.
Cereals; Millet, Seed Exports in Uruguay
In 2022, overseas shipments of cereals; millet, seeds decreased by -74.8% to 55 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 374% against the previous year. As a result, the exports attained the peak of 218 tons, and then reduced notably in the following year.
In value terms, cereals; millet, seed exports shrank sharply to $40K in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 329% against the previous year. As a result, the exports reached the peak of $136K, and then declined significantly in the following year.
| Export of Cereals; Millet, Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 19.2 | 19.7 | 118 | 15.7 | -6.5% |
| Italy | 8.9 | 9.0 | 12.9 | 15.6 | 20.6% |
| Argentina | 2.3 | 2.9 | 5.0 | 9.2 | 58.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 30.4 | 31.6 | 136 | 40.5 | 10.0% |
Top Export Markets for Cereals; Millet, Seed from Uruguay in 2022:
- France (25.0 tons)
- Italy (24.0 tons)
- Argentina (6.0 tons)
Cereals; Millet, Seed Imports in Uruguay
In 2022, overseas purchases of cereals; millet, seeds increased by 4.2% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a noticeable shrinkage.
In value terms, cereals; millet, seed imports rose sharply to $6.7K in 2022. Over the period under review, imports, however, showed a drastic downturn.
| Import of Cereals; Millet, Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.5 | 7.2 | 6.1 | 6.7 | -7.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.5 | 7.2 | 6.1 | 6.7 | -7.6% |
Top Suppliers of Cereals; Millet, Seed to Uruguay in 2022:
- India (18.4 tons)
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