Price for Cereals; Grain Sorghum, Seed in Paraguay - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Paraguay (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Paraguay (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Paraguay
- Exports of Cereals; Grain Sorghum, Seed in Paraguay
Price for Cereals; Grain Sorghum, Seed in Paraguay (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $4,480 per ton in 2022, surging by 16% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; grain sorghum, seed import price increased by +24.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 22%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($4,899 per ton) and Brazil ($4,739 per ton), while the price for Argentina ($4,440 per ton) and Bolivia ($4,443 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Paraguay (FOB) - 2022
In 2021, the average cereals; grain sorghum, seed export price amounted to $402 per ton, increasing by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. Over the period under review, the average export prices reached the peak figure at $1,752 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2013 to 2021, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.
Imports of Cereals; Grain Sorghum, Seed in Paraguay
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -1.9% to 378 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of 443 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; grain sorghum, seed imports reached $1.7M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 15%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cereals; Grain Sorghum, Seed in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 962 | 1,337 | 1,244 | 1,434 | 14.2% |
| Brazil | 7.7 | 6.2 | 5.2 | 203 | 197.6% |
| Bolivia | 380 | 219 | 207 | 31.2 | -56.5% |
| United States | 45.9 | 40.2 | 36.4 | 24.8 | -18.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,396 | 1,602 | 1,492 | 1,694 | 6.7% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Paraguay in 2022:
- Argentina (323.0 tons)
- Brazil (42.9 tons)
- Bolivia (7.0 tons)
- United States (5.1 tons)
Exports of Cereals; Grain Sorghum, Seed in Paraguay
In 2021, cereals; grain sorghum, seed exports from Paraguay reduced rapidly to 189 tons, declining by -25.3% compared with 2020 figures. In general, exports recorded a dramatic decline.
In value terms, cereals; grain sorghum, seed exports amounted to $76K in 2021. The total export value increased at an average annual rate of +7.6% over the period from 2020 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Argentina | N/A | 76.0 | 0% | ||
| United Arab Emirates | 70.6 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 70.6 | 76.0 | 7.6% | ||
Top Export Markets for Cereals; Grain Sorghum, Seed from Paraguay in 2022:
- Argentina (188.9 tons)
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