Price for Cereals; Barley, Other than Seed in Ecuador - 2022
Contents:
- Price for Cereals; Barley, Other than Seed in Ecuador (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in Ecuador (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in Ecuador
- Exports of Cereals; Barley, Other than Seed in Ecuador
Price for Cereals; Barley, Other than Seed in Ecuador (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $398 per ton, surging by 18% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +82.8% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 ($622 per ton), while the price for Australia totaled $387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+10.6%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Barley, Other than Seed in Ecuador (FOB) - 2022
In 2022, the average export price for cereals; barley, other than seeds amounted to $1,000 per ton, leveling off at the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 1.9%. Over the period under review, the average export prices attained the peak figure at $1,051 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +22.9% per year.
Imports of Cereals; Barley, Other than Seed in Ecuador
In 2022, after three years of growth, there was significant decline in supplies from abroad of cereals; barley, other than seeds, when their volume decreased by -7.6% to 73K tons. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of 79K tons, and then declined in the following year.
In value terms, cereals; barley, other than seed imports expanded markedly to $29M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Barley, Other than Seed in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.1 | 5.0 | 8.6 | 13.5 | 85.9% |
| Argentina | 4.6 | 6.0 | 4.8 | 1.0 | -39.9% |
| Others | 4.7 | 6.0 | 13.4 | 14.6 | 45.9% |
| Total | 11.4 | 17.0 | 26.7 | 29.1 | 36.7% |
Top Suppliers of Cereals; Barley, Other than Seed to Ecuador in 2022:
- Australia (34.9K tons)
- Argentina (1.6K tons)
Exports of Cereals; Barley, Other than Seed in Ecuador
In 2022, exports of cereals; barley, other than seeds from Ecuador skyrocketed to 108 tons, rising by 49% compared with the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +49.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, other than seed exports skyrocketed to $108K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +49.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Barley, Other than Seed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 46.1 | 36.0 | 36.1 | 53.9 | 5.3% |
| Others | 46.2 | 36.2 | 36.4 | 54.2 | 5.5% |
| Total | 92.3 | 72.2 | 72.5 | 108 | 5.4% |
Top Export Markets for Cereals; Barley, Other than Seed from Ecuador in 2022:
- Italy (53.9 tons)
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