Price for Cereal Groats; Meal and Pellets in Colombia - 2022
Contents:
- Price for Cereal Groats; Meal and Pellets in Colombia (FOB) - 2022
- Price for Cereal Groats; Meal and Pellets in Colombia (CIF) - 2022
- Exports of Cereal Groats; Meal and Pellets in Colombia
- Imports of Cereal Groats; Meal and Pellets in Colombia
Price for Cereal Groats; Meal and Pellets in Colombia (FOB) - 2022
The average export price for cereal groats; meal and pelletses stood at $703 per ton in 2022, reducing by -4.5% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2021 an increase of 9.3% against the previous year. Over the period under review, the average export prices attained the maximum at $1,273 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($2,301 per ton), while the average price for exports to Costa Rica ($370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal Groats; Meal and Pellets in Colombia (CIF) - 2022
In 2022, the average import price for cereal groats; meal and pelletses amounted to $507 per ton, which is down by -17.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $616 per ton, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,427 per ton), while the price for South Africa ($258 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced a decline.
Exports of Cereal Groats; Meal and Pellets in Colombia
In 2022, the amount of cereal groats; meal and pelletses exported from Colombia was estimated at 2.2K tons, growing by 5% compared with the year before. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, the exports attained the peak of 2.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereal groats; meal and pellets exports amounted to $1.5M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 8%. As a result, the exports reached the peak of $1.5M; afterwards, it flattened through to 2022.
Export of Cereal Groats; Meal and Pellets in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 694 | 609 | 766 | 782 | 4.1% |
Trinidad and Tobago | 529 | 380 | 435 | 457 | -4.8% |
Venezuela | 68.2 | 76.0 | 86.4 | 98.7 | 13.1% |
Lebanon | 64.8 | 69.1 | 75.2 | 82.1 | 8.2% |
Costa Rica | 22.5 | 23.1 | 24.2 | 25.5 | 4.3% |
Nigeria | N/A | 281 | 57.0 | N/A | -79.7% |
Others | 49.1 | 104 | 91.0 | 92.8 | 23.6% |
Total | 1,428 | 1,542 | 1,535 | 1,539 | 2.5% |
Top Export Markets for Cereal Groats; Meal and Pellets from Colombia in 2022:
- Ecuador (1530.5 tons)
- Trinidad and Tobago (378.2 tons)
- Lebanon (87.1 tons)
- Costa Rica (69.0 tons)
- Venezuela (42.9 tons)
Imports of Cereal Groats; Meal and Pellets in Colombia
In 2022, supplies from abroad of cereal groats; meal and pelletses increased by 19% to 570 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a pronounced reduction.
In value terms, cereal groats; meal and pellets imports shrank slightly to $289K in 2022. Over the period under review, imports, however, saw a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 4.9%.
Import of Cereal Groats; Meal and Pellets in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 247 | 190 | 103 | 153 | -14.8% |
Italy | 18.3 | 30.0 | 33.2 | 43.9 | 33.9% |
Spain | 1.2 | 17.3 | 32.6 | 31.1 | 195.9% |
South Africa | 13.8 | 9.5 | 3.7 | 25.4 | 22.6% |
United Kingdom | N/A | N/A | 31.9 | 9.0 | -71.8% |
Ecuador | 11.6 | 10.9 | 6.5 | 8.6 | -9.5% |
Others | 24.2 | 24.7 | 85.2 | 18.2 | -9.1% |
Total | 316 | 282 | 296 | 289 | -2.9% |
Top Suppliers of Cereal Groats; Meal and Pellets to Colombia in 2022:
- Mexico (368.2 tons)
- South Africa (98.5 tons)
- Italy (62.7 tons)
- Spain (12.8 tons)
- Ecuador (11.7 tons)
- United Kingdom (4.7 tons)
This report provides an in-depth analysis of the non-wheat cereal pellets market in Colombia.
This report provides an in-depth analysis of the non-wheat groats market in Colombia.
This report provides an in-depth analysis of the market for wheat and spelt groats in Colombia.
This report provides an in-depth analysis of the durum wheat meals market in Colombia.
This report provides an in-depth analysis of the wheat pellets market in Colombia.
This report provides an in-depth analysis of the global non-wheat cereal pellets market.
This report provides an in-depth analysis of the global non-wheat groats market.
Global Wheat And Spelt Groats Market Report 2018. This report provides an in-depth analysis of the global market for wheat and spelt groats.
Global Durum Wheat Meals Market Report 2018. This report provides an in-depth analysis of the global durum wheat meals market.
Global Wheat Pellets Market Report 2018. This report provides an in-depth analysis of the global wheat pellets market.
Nothing found. Please try again.