Cereals; Barley, Seed Price in Colombia - 2022

Contents:

  1. Cereals; Barley, Seed Price in Colombia (CIF) - 2022
  2. Cereals; Barley, Seed Price in Colombia (FOB) - 2022
  3. Cereals; Barley, Seed Imports in Colombia
  4. Cereals; Barley, Seed Exports in Colombia

Cereals; Barley, Seed Price in Colombia (CIF) - 2022

The average cereals; barley, seed import price stood at $413 per ton in 2022, declining by -40% against the previous year. Over the period under review, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2019 an increase of 28%. As a result, import price attained the peak level of $1,146 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.7% per year.

Cereals; Barley, Seed Price in Colombia (FOB) - 2022

The average cereals; barley, seed export price stood at $648 per ton in 2022, remaining stable against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Curacao.

From 2017 to 2022, the rate of growth in terms of prices for Aruba amounted to +0.1% per year.

Cereals; Barley, Seed Imports in Colombia

For the fourth year in a row, Colombia recorded growth in purchases abroad of cereals; barley, seeds, which increased by 237% to 229 tons in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; barley, seed imports skyrocketed to $95K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Barley, Seed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23.132.946.794.660.0%
OthersN/AN/AN/AN/A0%
Total23.132.946.794.660.0%

Top Suppliers of Cereals; Barley, Seed to Colombia in 2022:

  1. United States (228.9 tons)

Cereals; Barley, Seed Exports in Colombia

In 2022, after two years of decline, there was significant decline in shipments abroad of cereals; barley, seeds, when their volume decreased by -23.9% to 123 tons. Overall, exports saw a significant contraction.

In value terms, cereals; barley, seed exports reduced markedly to $80K in 2022. Over the period under review, exports saw a sharp decrease.

Export of Cereals; Barley, Seed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CuracaoN/AN/AN/A79.90%
ArubaN/AN/A105N/A0%
Nigeria275N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total275N/A10579.9-33.8%

Top Export Markets for Cereals; Barley, Seed from Colombia in 2022:

  1. Curacao (123.4 tons)

Source: IndexBox Market Intelligence Platform

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