Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $649 per ton in 2022, falling by -2.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $676 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +12.0% per year.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $2,638 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2020 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, 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 +4.3% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador

In 2022, approx. 5.4K tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were imported into Ecuador; jumping by 352% against the year before. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $3.5M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.41.50.63.5106.1%
SpainN/A0.10.2N/A100.0%
OthersN/AN/AN/AN/A0%
Total0.41.60.83.5106.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Ecuador in 2022:

  1. Chile (5.4K tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador

In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -1.6% to 115 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 3.5% against the previous year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses reduced slightly to $304K in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 25%.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22427630130410.7%
Others6.612.16.1N/A-3.9%
Total2312883073049.6%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Ecuador in 2022:

  1. United States (115.2 tons)

Source: IndexBox Market Intelligence Platform

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