Price for Cereal Grains; Rolled or Flaked, of Oats in Argentina - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Oats in Argentina (CIF) - 2023
  2. Price for Cereal Grains; Rolled or Flaked, of Oats in Argentina (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Argentina
  4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Argentina

Price for Cereal Grains; Rolled or Flaked, of Oats in Argentina (CIF) - 2023

The average import price for cereal grains; rolled or flaked, of oatses stood at $796 per ton in June 2023, dropping by -15.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $942 per ton, and then dropped remarkably in the following month.

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

From December 2022 to June 2023, the rate of growth in terms of prices for Chile amounted to -0.1% per month.

Price for Cereal Grains; Rolled or Flaked, of Oats in Argentina (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,636 per ton, with an increase of 6.6% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; rolled or flaked, of oatses increased by +78.3% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($1,640 per ton), while the average price for exports to Uruguay amounted to $1,494 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Argentina

For the fourth consecutive year, Argentina recorded growth in overseas purchases of cereal grains; rolled or flaked, of oatses, which increased by 22% to 5.3K tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of oatses expanded remarkably to $3.9M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 71%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Cereal Grains; Rolled or Flaked, of Oats in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1.51.93.43.937.5%
BrazilN/A0.80.1N/A-87.5%
Others0.10.10.1N/A0.0%
Total1.62.83.63.934.6%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Argentina in 2022:

  1. Chile (5.3K tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Argentina

In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses decreased by -14.1% to 458 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, the exports reached the peak of 727 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cereal grains; rolled or flaked, of oatses shrank to $750K in 2022. In general, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cereal Grains; Rolled or Flaked, of Oats in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay6721,0237847262.6%
Uruguay32.742.034.221.1-13.6%
Yemen13.8N/AN/AN/A0%
ChileN/A10.5N/AN/A0%
Others0.33.60.12.7108.0%
Total7191,0798197501.4%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Argentina in 2022:

  1. Paraguay (442.6 tons)
  2. Uruguay (14.1 tons)

Source: IndexBox Market Intelligence Platform

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