Price for Cereals; Grain Sorghum, Other than Seed in Uruguay - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Uruguay (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Uruguay (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Uruguay
- Exports of Cereals; Grain Sorghum, Other than Seed in Uruguay
Price for Cereals; Grain Sorghum, Other than Seed in Uruguay (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $232 per ton in 2022, with an increase of 3.7% against the previous year. Overall, the import price showed perceptible growth. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Paraguay.
From 2013 to 2022, the rate of growth in terms of prices for Argentina amounted to +4.9% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Uruguay (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $261 per ton, declining by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices hit record highs at $280 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.6% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Uruguay
In 2022, after two years of decline, there was significant growth in supplies from abroad of cereals; grain sorghum, other than seeds, when their volume increased by 546% to 9.4K tons. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds soared to $2.2M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 488 | 237 | N/A | 2,169 | 64.4% |
| Argentina | N/A | N/A | 324 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 488 | 237 | 324 | 2,169 | 64.4% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Uruguay in 2022:
- Paraguay (9.4K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Uruguay
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; grain sorghum, other than seeds, when their volume decreased by -33.7% to 1.7K tons. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 207% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then contracted markedly in the following year.
In value terms, exports of cereals; grain sorghum, other than seeds reduced notably to $435K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 318%. As a result, the exports reached the peak of $702K, and then reduced notably in the following year.
| Export of Cereals; Grain Sorghum, Other than Seed in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 62.4 | 168 | 702 | 435 | 91.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 62.4 | 168 | 702 | 435 | 91.0% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Uruguay in 2022:
- Taiwan (Chinese) (1.7K tons)
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