Brown Rice Price in Bolivia - 2022
Contents:
- Brown Rice Price in Bolivia (CIF) - 2022
- Brown Rice Price in Bolivia (FOB) - 2022
- Brown Rice Imports in Bolivia
- Brown Rice Exports in Bolivia
Brown Rice Price in Bolivia (CIF) - 2022
In 2022, the average brown rice import price amounted to $1,033 per ton, jumping by 47% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 86%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,033 per ton), while the price for Brazil totaled $1,033 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.8%).
Brown Rice Price in Bolivia (FOB) - 2022
The average brown rice export price stood at $2,514 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 56%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($4,942 per ton), while the average price for exports to the UK ($1,957 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 Kuwait (+14.0%).
Brown Rice Imports in Bolivia
In 2022, supplies from abroad of husked (brown) rice decreased by -45.9% to 38 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 651% against the previous year. As a result, imports attained the peak of 203 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, brown rice imports reduced rapidly to $40K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 529% against the previous year. As a result, imports attained the peak of $103K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Brown Rice in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 12.8 | 58.5 | 18.9 | 20.5 | 17.0% |
| Brazil | 1.7 | 37.8 | 22.9 | 19.1 | 124.0% |
| United States | 1.3 | 1.7 | 5.6 | N/A | 107.5% |
| Others | 0.6 | 5.1 | 2.4 | N/A | 100.0% |
| Total | 16.4 | 103 | 49.8 | 39.6 | 34.2% |
Top Suppliers of Brown Rice to Bolivia in 2022:
- Argentina (19.9 tons)
- Brazil (18.5 tons)
Brown Rice Exports in Bolivia
In 2022, brown rice exports from Bolivia expanded rapidly to 2.8 tons, growing by 14% against the year before. Over the period under review, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 16%.
In value terms, brown rice exports soared to $7.1K in 2022. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Brown Rice in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.4 | 2.3 | 2.3 | 3.6 | 1.9% |
| Kuwait | 0.5 | 0.7 | 2.6 | 2.1 | 61.3% |
| United Kingdom | N/A | N/A | N/A | 1.4 | 0% |
| Saudi Arabia | N/A | N/A | 0.2 | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 4.2 | 3.0 | 5.1 | 7.1 | 19.1% |
Top Export Markets for Brown Rice from Bolivia in 2022:
- Canada (1698.0 kg)
- United Kingdom (713.0 kg)
- Kuwait (429.0 kg)
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