Price for Flours and Meals; of Soya Beans in Uruguay - 2023

Contents:

1. Price for Flours and Meals; of Soya Beans in Uruguay (CIF) - 2022
2. Imports of Flours and Meals; of Soya Beans in Uruguay

Price for Flours and Meals; of Soya Beans in Uruguay (CIF) - 2022

The average import price for flours and meals; of soya beanses stood at $488 per ton in 2022, shrinking by -70.1% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 133%. As a result, import price reached the peak level of $2,674 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Brazil ($1,250 per ton), while the price for Bolivia totaled $453 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.7%).

Imports of Flours and Meals; of Soya Beans in Uruguay

In 2022, the amount of flours and meals; of soya beanses imported into Uruguay skyrocketed to 293 tons, rising by 2,690% compared with 2021. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flours and meals; of soya beanses soared to $143K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flours and Meals; of Soya Beans to Uruguay in 2022:

1. Bolivia (280.0 tons)
2. Brazil (13.0 tons)

Source: IndexBox Market Intelligence Platform