Price for Cereals; Barley, Other than Seed in Argentina - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Argentina (FOB) - 2024
- Price for Cereals; Barley, Other than Seed in Argentina (CIF) - 2022
- Exports of Cereals; Barley, Other than Seed in Argentina
- Imports of Cereals; Barley, Other than Seed in Argentina
Price for Cereals; Barley, Other than Seed in Argentina (FOB) - 2024
The average export price for cereals; barley, other than seeds stood at $303 per ton in June 2023, increasing by 12% against the previous month. Over the period under review, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in April 2023 an increase of 19% against the previous month. As a result, the export price reached the peak level of $392 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was Brazil ($370 per ton), while the average price for exports to China amounted to $275 per ton.
From March 2023 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-2.8%).
Price for Cereals; Barley, Other than Seed in Argentina (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $2,496 per ton, picking up by 578% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The import price peaked at $10,850 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to -8.9% per year.
Exports of Cereals; Barley, Other than Seed in Argentina
In 2022, approx. 7.4M tons of cereals; barley, other than seeds were exported from Argentina; rising by 60% compared with the previous year. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, other than seed exports surged to $2.3B in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Barley, Other than Seed in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.8 | 70.3 | 318 | 597 | 251.0% |
| Brazil | 148 | 117 | 82.2 | 205 | 11.5% |
| Colombia | 78.2 | 63.9 | 50.8 | 95.6 | 6.9% |
| Saudi Arabia | 136 | 86.1 | 64.0 | 68.8 | -20.3% |
| India | 29.8 | 13.3 | 30.3 | 61.1 | 27.0% |
| Jordan | 33.9 | 36.9 | 37.0 | 53.9 | 16.7% |
| Kuwait | 20.2 | 19.7 | 18.9 | 26.1 | 8.9% |
| Morocco | 10.1 | 11.9 | 13.0 | 25.8 | 36.7% |
| United Arab Emirates | 28.4 | 20.9 | 8.6 | 14.1 | -20.8% |
| Tunisia | 24.7 | 11.5 | 9.5 | 11.3 | -22.9% |
| Peru | 28.8 | 24.2 | 9.7 | 2.2 | -57.6% |
| Others | 623 | 439 | 445 | 1,161 | 23.1% |
| Total | 1,175 | 915 | 1,087 | 2,323 | 25.5% |
Top Export Markets for Cereals; Barley, Other than Seed from Argentina in 2022:
- China (1999.7K tons)
- Brazil (525.5K tons)
- Saudi Arabia (391.9K tons)
- Jordan (246.5K tons)
- Colombia (240.9K tons)
- Kuwait (152.4K tons)
- India (142.4K tons)
- Morocco (78.9K tons)
- Tunisia (43.4K tons)
- United Arab Emirates (36.3K tons)
- Peru (6.7K tons)
Imports of Cereals; Barley, Other than Seed in Argentina
In 2022, overseas purchases of cereals; barley, other than seeds decreased by 99.9% to 492 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 38%. As a result, imports attained the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; barley, other than seed imports dropped dramatically to $1.2K in 2022. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. As a result, imports reached the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Barley, Other than Seed in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 0.2 | 0.5 | N/A | 150.0% |
| Canada | 4.1 | 5.1 | N/A | N/A | 24.4% |
| Others | 4.1 | 5.1 | 8.3 | N/A | 42.3% |
| Total | 8.3 | 10.5 | 8.8 | N/A | 3.0% |
Top Suppliers of Cereals; Barley, Other than Seed to Argentina in 2022:
- Russia (492.0 kg)
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