Cereals; Rye, Seed Price in Uruguay - 2021
Contents:
Cereals; Rye, Seed Price in Uruguay (CIF) - 2022
In 2022, the average cereals; rye, seed import price amounted to $2,655 per ton, falling by -21.4% against the previous year. In general, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 193% against the previous year. The import price peaked at $3,378 per ton in 2021, and then dropped notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +15.5% per year.
Cereals; Rye, Seed Imports in Uruguay
In 2022, purchases abroad of cereals; rye, seeds increased by 23% to 493 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage.
In value terms, cereals; rye, seed imports dropped to $1.3K in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6%. As a result, imports reached the peak of $1.4K, and then reduced modestly in the following year.
| Import of Cereals; Rye, Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1.1 | 1.3 | 1.0 | 1.3 | 5.7% |
| South Africa | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.3 | 1.4 | 1.3 | 2.7% |
Top Suppliers of Cereals; Rye, Seed to Uruguay in 2022:
- Argentina (493.0 kg)
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