Price for Cereal Groats and Meal; of Wheat in Bolivia - 2023

Contents:

1. Price for Cereal Groats and Meal; of Wheat in Bolivia (CIF) - 2022
2. Imports of Cereal Groats and Meal; of Wheat in Bolivia

Price for Cereal Groats and Meal; of Wheat in Bolivia (CIF) - 2022

In 2022, the average import price for cereal groats and meal; of wheats amounted to $803 per ton, surging by 76% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue 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 ($803 per ton), while the price for Mexico totaled $803 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.4%).

Imports of Cereal Groats and Meal; of Wheat in Bolivia

In 2022, imports of cereal groats and meal; of wheats into Bolivia soared to 282 tons, picking up by 67% on the previous year's figure. In general, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 163% against the previous year. As a result, imports reached the peak of 864 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal groats and meal; of wheats skyrocketed to $226K in 2022. Over the period under review, imports saw buoyant growth.

Top Suppliers of Cereal Groats and Meal; of Wheat to Bolivia in 2022:

1. Argentina (213.3 tons)
2. Mexico (67.9 tons)

Source: IndexBox Market Intelligence Platform