Price for Cereal Flours; Other than of Wheat or Meslin in Venezuela - 2022

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Venezuela (CIF) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Venezuela (FOB) - 2022
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in Venezuela
  4. Exports of Cereal Flours; Other than of Wheat or Meslin in Venezuela

Price for Cereal Flours; Other than of Wheat or Meslin in Venezuela (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $568 per ton, growing by 2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2015 when the average import price increased by 39% against the previous year. The import price peaked at $1,103 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($675 per ton), while the price for Chile ($391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-5.9%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Flours; Other than of Wheat or Meslin in Venezuela (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $947 per ton in 2022, almost unchanged from the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 69% against the previous year. The export price peaked at $1,683 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,078 per ton), while the average price for exports to Peru ($825 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 Aruba (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flours; Other than of Wheat or Meslin in Venezuela

In 2022, approx. 39K tons of cereal flours; other than of wheat or meslin were imported into Venezuela; with an increase of 11% on 2021 figures. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 213%. As a result, imports attained the peak of 43K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal flours; other than of wheat or meslin amounted to $22M in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 223% against the previous year. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cereal Flours; Other than of Wheat or Meslin in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia0.2N/AN/A13.1303.1%
United States0.60.60.25.8113.0%
Chile0.10.1N/A1.8162.1%
Brazil1.120.119.51.48.4%
Mexico5.43.5N/AN/A-35.2%
Others0.30.6N/A0.2-12.6%
Total7.725.019.722.342.5%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Venezuela in 2022:

  1. Colombia (19.4K tons)
  2. United States (12.4K tons)
  3. Chile (4.6K tons)
  4. Brazil (2.7K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Venezuela

In 2022, after three years of growth, there was significant decline in overseas shipments of cereal flours; other than of wheat or meslin, when their volume decreased by -21.6% to 711 tons. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 382% against the previous year.

In value terms, exports of cereal flours; other than of wheat or meslin fell dramatically to $673K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 399% against the previous year.

Export of Cereal Flours; Other than of Wheat or Meslin in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/A10527041498.6%
PeruN/A329533210-20.1%
United StatesN/AN/A5.943.0628.8%
Germany40.73.436.32.7-59.5%
Colombia19.542.0N/AN/A115.4%
Others36.21.220.83.3-55.0%
Total96.448186667391.1%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Venezuela in 2022:

  1. Chile (438.2 tons)
  2. Peru (255.0 tons)
  3. United States (14.0 tons)
  4. Germany (2.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereal flours; other than of wheat or meslin - Venezuela