Price for Cereal Groats and Meal; of Wheat in Brazil - 2024
Contents:
- Price for Cereal Groats and Meal; of Wheat in Brazil (CIF) - 2022
- Price for Cereal Groats and Meal; of Wheat in Brazil (FOB) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Brazil
- Exports of Cereal Groats and Meal; of Wheat in Brazil
Price for Cereal Groats and Meal; of Wheat in Brazil (CIF) - 2022
The average import price for cereal groats and meal; of wheats stood at $731 per ton in 2022, picking up by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The import price peaked at $745 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,131 per ton), while the price for Argentina amounted to $713 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%).
Price for Cereal Groats and Meal; of Wheat in Brazil (FOB) - 2022
The average export price for cereal groats and meal; of wheats stood at $1,608 per ton in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($2,292 per ton), while the average price for exports to Spain ($1,484 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 the Netherlands (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Wheat in Brazil
Imports of cereal groats and meal; of wheats into Brazil reached 18K tons in 2022, increasing by 8.8% on the previous year. In general, imports recorded a relatively flat trend pattern.
In value terms, imports of cereal groats and meal; of wheats soared to $13M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereal Groats and Meal; of Wheat in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 9.0 | 9.3 | 8.8 | 12.1 | 10.4% |
Italy | 0.5 | 0.6 | 0.7 | 0.9 | 21.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.6 | 9.9 | 9.5 | 13.0 | 10.6% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Brazil in 2022:
- Argentina (17.0K tons)
- Italy (0.8K tons)
Exports of Cereal Groats and Meal; of Wheat in Brazil
In 2022, shipments abroad of cereal groats and meal; of wheats decreased by -11% to 177 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of 218 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cereal groats and meal; of wheats totaled $285K in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Cereal Groats and Meal; of Wheat in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 90.9 | 108 | 109 | 104 | 4.6% |
Portugal | 48.4 | 61.2 | 70.8 | 57.1 | 5.7% |
Japan | 47.1 | 47.6 | 41.6 | 33.5 | -10.7% |
Spain | 15.4 | 6.4 | 4.3 | 23.9 | 15.8% |
Germany | 4.2 | 0.9 | 14.1 | 21.8 | 73.1% |
Italy | 9.0 | 10.0 | 8.4 | 16.0 | 21.1% |
United Kingdom | 10.9 | 12.1 | 8.7 | 8.4 | -8.3% |
Others | 21.1 | 35.7 | 25.4 | 20.8 | -0.5% |
Total | 247 | 281 | 282 | 285 | 4.9% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Brazil in 2022:
- United States (65.7 tons)
- Portugal (37.4 tons)
- Japan (19.4 tons)
- Spain (16.1 tons)
- Germany (14.4 tons)
- Italy (10.7 tons)
- United Kingdom (5.4 tons)
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