Price for Cereal Groats; Meal and Pellets in Paraguay - 2024
Contents:
- Price for Cereal Groats; Meal and Pellets in Paraguay (CIF) - 2024
- Imports of Cereal Groats; Meal and Pellets in Paraguay
Price for Cereal Groats; Meal and Pellets in Paraguay (CIF) - 2024
The average import price for cereal groats; meal and pelletses stood at $385 per ton in September 2023, with a decrease of -11.2% against the previous month. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 163% month-to-month. The import price peaked at $1,372 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Argentina ($522 per ton), while the price for Brazil stood at $381 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (-2.8%).
Imports of Cereal Groats; Meal and Pellets in Paraguay
For the fourth year in a row, Paraguay recorded growth in supplies from abroad of cereal groats; meal and pelletses, which increased by 200% to 3.3K tons in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 255% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cereal groats; meal and pellets imports soared to $1.6M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 280%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Cereal Groats; Meal and Pellets in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 15.9 | 4.2 | 362 | 1,306 | 334.7% |
Argentina | 126 | 141 | 243 | 314 | 35.6% |
Others | 10.4 | 16.0 | 6.0 | 11.5 | 3.4% |
Total | 152 | 161 | 611 | 1,632 | 120.6% |
Top Suppliers of Cereal Groats; Meal and Pellets to Paraguay in 2022:
- Brazil (2.8K tons)
- Argentina (0.6K tons)
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