Price for Flour, Meal, and Flakes of Potatoes in Uruguay - 2023

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Uruguay (FOB) - 2022
  2. Price for Flour, Meal, and Flakes of Potatoes in Uruguay (CIF) - 2022
  3. Exports of Flour, Meal, and Flakes of Potatoes in Uruguay
  4. Imports of Flour, Meal, and Flakes of Potatoes in Uruguay

Price for Flour, Meal, and Flakes of Potatoes in Uruguay (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $2,949 per ton, declining by -41.1% against the previous year. Overall, the export price showed a deep contraction. The growth pace was the most rapid in 2014 an increase of 13%. As a result, the export price attained the peak level of $5,483 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Paraguay ($6,340 per ton), while the average price for exports to Argentina amounted to $2,938 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+3.0%).

Price for Flour, Meal, and Flakes of Potatoes in Uruguay (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $63,000 per ton, standing approx. at the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($102,000 per ton), while the price for Argentina ($35,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+48.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour, Meal, and Flakes of Potatoes in Uruguay

In 2022, approx. 84 tons of flour, meal, and flakes of potatoeses were exported from Uruguay; increasing by 7,320% on 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $249K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flour, Meal, and Flakes of Potatoes in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A2470%
Paraguay8.32.54.21.8-39.9%
OthersN/A0.81.5N/A87.5%
Total8.33.35.7249210.7%

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Uruguay in 2022:

  1. Argentina (84.0 tons)
  2. Paraguay (0.3 tons)

Imports of Flour, Meal, and Flakes of Potatoes in Uruguay

In 2022, overseas purchases of flour, meal, and flakes of potatoeses decreased by 0% to 3 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a significant decrease. The smallest decline of 99.9% was in 2020.

In value terms, imports of flour, meal, and flakes of potatoeses stood at $189 in 2022. Over the period under review, imports saw a dramatic setback. The smallest decline of 99.9% was in 2020.

Import of Flour, Meal, and Flakes of Potatoes in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A0.10%
RussiaN/AN/AN/A0.10%
ArgentinaN/AN/AN/AN/A0%
Netherlands30.1N/AN/AN/A0%
Others0.4N/AN/AN/A0%
Total30.5N/AN/A0.2-81.3%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Uruguay in 2022:

  1. Argentina (1.0 kg)
  2. China (1.0 kg)
  3. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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