Price for Cereals; Oats, Other than Seed in Mexico - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Mexico (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Mexico
Price for Cereals; Oats, Other than Seed in Mexico (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $283 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25%. As a result, import price attained the peak level of $332 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($296 per ton), while the price for the United States ($274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Mexico
In 2022, cereals; oats, other than seed imports into Mexico skyrocketed to 160K tons, jumping by 66% on the previous year's figure. Over the period under review, total imports indicated a remarkable increase 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, imports decreased by -5.9% against 2020 indices.
In value terms, cereals; oats, other than seed imports skyrocketed to $45M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 37.2 | 0% |
| Chile | N/A | N/A | N/A | 7.8 | 0% |
| United States | 1.9 | 1.5 | 1.4 | 0.4 | -40.5% |
| Canada | 27.9 | 35.5 | 21.8 | N/A | -11.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.9 | 37.0 | 23.1 | 45.3 | 14.9% |
Top Suppliers of Cereals; Oats, Other than Seed to Mexico in 2022:
- Australia (132.7K tons)
- Chile (26.3K tons)
- United States (1.4K tons)
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