Price for Cereal Groats and Meal; of Wheat in Argentina - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Argentina (CIF) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Argentina
Price for Cereal Groats and Meal; of Wheat in Argentina (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of wheats amounted to $1,179 per ton, rising by 15% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal groats and meal; of wheats increased by +34.7% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 98% against the previous year. As a result, import price attained the peak level of $1,576 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1.3% per year.
Imports of Cereal Groats and Meal; of Wheat in Argentina
In 2022, the amount of cereal groats and meal; of wheats imported into Argentina surged to 4.8 tons, picking up by 19% compared with the previous year. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 145% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cereal groats and meal; of wheats skyrocketed to $5.6K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 180%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cereal Groats and Meal; of Wheat in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.5 | 4.2 | 4.1 | 5.6 | 55.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 4.2 | 4.1 | 5.6 | 55.1% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Argentina in 2022:
- Italy (4.8 tons)
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