Price for Cereals; Barley, Other than Seed in Chile - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Chile (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in Chile (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in Chile
- Exports of Cereals; Barley, Other than Seed in Chile
Price for Cereals; Barley, Other than Seed in Chile (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $870 per ton, with an increase of 130% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 159% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +2.3% per year.
Price for Cereals; Barley, Other than Seed in Chile (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $497 per ton in 2022, increasing by 42% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $651 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($499 per ton), while the average price for exports to Peru amounted to $309 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+11.5%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Barley, Other than Seed in Chile
In 2022, the amount of cereals; barley, other than seeds imported into Chile rose sharply to 51K tons, surging by 5.6% against the year before. Overall, imports, however, showed a slight reduction. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, imports reached the peak of 70K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; barley, other than seed imports surged to $44M in 2022. In general, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Barley, Other than Seed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 15.1 | 9.0 | 9.1 | 22.0 | 13.4% |
| Others | 15.8 | 9.0 | 9.1 | 22.0 | 11.7% |
| Total | 31.0 | 18.0 | 18.1 | 44.0 | 12.4% |
Top Suppliers of Cereals; Barley, Other than Seed to Chile in 2022:
- Argentina (50.6K tons)
Exports of Cereals; Barley, Other than Seed in Chile
In 2022, shipments abroad of cereals; barley, other than seeds decreased by -94% to 53 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 6,244%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; barley, other than seed exports reduced notably to $27K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 6,929%. As a result, the exports attained the peak of $506K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Barley, Other than Seed in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | N/A | 13.3 | 0% |
| Peru | 3.6 | 239 | 156 | N/A | 558.3% |
| Mexico | N/A | 10.0 | N/A | N/A | 0% |
| Others | 3.6 | 257 | 156 | 13.3 | 54.6% |
| Total | 7.2 | 506 | 312 | 26.5 | 54.4% |
Top Export Markets for Cereals; Barley, Other than Seed from Chile in 2022:
- Ecuador (26.6 tons)
- Peru (0.1 tons)
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