Price for Cereals; Barley, Other than Seed in Colombia - 2024

Contents:

  1. Price for Cereals; Barley, Other than Seed in Colombia (CIF) - 2022
  2. Price for Cereals; Barley, Other than Seed in Colombia (FOB) - 2022
  3. Imports of Cereals; Barley, Other than Seed in Colombia
  4. Exports of Cereals; Barley, Other than Seed in Colombia

Price for Cereals; Barley, Other than Seed in Colombia (CIF) - 2022

The average import price for cereals; barley, other than seeds stood at $428 per ton in 2022, jumping by 28% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, other than seed import price increased by +53.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($441 per ton), while the price for Denmark ($239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereals; Barley, Other than Seed in Colombia (FOB) - 2022

In 2022, the average export price for cereals; barley, other than seeds amounted to $928 per ton, dropping by -20.8% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The growth pace was the most rapid in 2016 an increase of 24%. Over the period under review, the average export prices hit record highs at $1,360 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($1,231 per ton), while the average price for exports to Curacao amounted to $848 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (-1.1%).

Imports of Cereals; Barley, Other than Seed in Colombia

In 2022, overseas purchases of cereals; barley, other than seeds decreased by -1.1% to 665K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 6.2%. As a result, imports reached the peak of 673K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereals; barley, other than seed imports surged to $285M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2020 indices. 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 Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina93.884.069.012911.2%
France6.07.637.110.319.7%
Denmark5.84.56.56.43.3%
Others93.891.611313914.0%
Total19918822528512.7%

Top Suppliers of Cereals; Barley, Other than Seed to Colombia in 2022:

  1. Argentina (292.1K tons)
  2. Denmark (26.9K tons)
  3. France (26.9K tons)

Exports of Cereals; Barley, Other than Seed in Colombia

Cereals; barley, other than seed exports from Colombia soared to 250 kg in 2022, rising by 153% on 2021 figures. Over the period under review, exports saw a significant expansion. 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 soared to $232 in 2022. In general, exports saw significant growth. 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 Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Curacao29.0N/A54.084.042.5%
Aruba48.0N/A31.064.010.1%
United Kingdom20.0N/AN/AN/A0%
Others20.0N/A31.084.061.3%
Total117N/A11623225.6%

Top Export Markets for Cereals; Barley, Other than Seed from Colombia in 2022:

  1. Curacao (99.0 kg)
  2. Aruba (52.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; barley, other than seed - Colombia