Brown Rice Price in Uruguay - 2022
Contents:
- Brown Rice Price in Uruguay (FOB) - 2022
- Brown Rice Price in Uruguay (CIF) - 2022
- Brown Rice Exports in Uruguay
- Brown Rice Imports in Uruguay
Brown Rice Price in Uruguay (FOB) - 2022
In 2022, the average brown rice export price amounted to $478 per ton, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 8.8% against the previous year. The export price peaked at $511 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($543 per ton) and Israel ($529 per ton), while the average price for exports to Brazil ($412 per ton) and Spain ($465 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Price in Uruguay (CIF) - 2022
The average brown rice import price stood at $1,026 per ton in 2022, picking up by 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 45%. As a result, import price attained the peak level of $1,299 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,567 per ton), while the price for Brazil stood at $1,014 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Exports in Uruguay
Brown rice exports from Uruguay skyrocketed to 230K tons in 2022, with an increase of 44% on 2021 figures. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, brown rice exports skyrocketed to $110M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Brown Rice in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.1 | 13.5 | 9.7 | 22.5 | 64.0% |
| Belgium | 9.7 | 10.9 | 11.1 | 19.6 | 26.4% |
| Netherlands | 2.2 | 2.4 | 4.6 | 16.9 | 97.3% |
| Brazil | 8.9 | 13.3 | 11.0 | 15.1 | 19.3% |
| Portugal | 1.2 | 0.8 | 4.3 | 11.3 | 111.2% |
| Iraq | N/A | N/A | N/A | 10.7 | 0% |
| Spain | 0.7 | 2.0 | 1.0 | 9.6 | 139.4% |
| Germany | 3.0 | 2.7 | 2.3 | 1.3 | -24.3% |
| France | 2.1 | 1.9 | 2.1 | 0.8 | -27.5% |
| Others | 2.9 | 3.2 | 29.3 | 2.0 | -11.6% |
| Total | 35.9 | 50.7 | 75.3 | 110 | 45.2% |
Top Export Markets for Brown Rice from Uruguay in 2022:
- United Kingdom (44.0K tons)
- Belgium (40.6K tons)
- Brazil (36.7K tons)
- Netherlands (34.1K tons)
- Portugal (23.9K tons)
- Iraq (22.5K tons)
- Spain (20.7K tons)
- Germany (2.6K tons)
- France (1.6K tons)
Brown Rice Imports in Uruguay
In 2022, imports of husked (brown) rice into Uruguay shrank rapidly to 27 tons, waning by -75.9% compared with 2021. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 176%. As a result, imports attained the peak of 113 tons, and then fell remarkably in the following year.
In value terms, brown rice imports shrank notably to $28K in 2022. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 149% against the previous year. As a result, imports attained the peak of $96K, and then shrank sharply in the following year.
| Import of Brown Rice in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 18.3 | 17.6 | 53.0 | 27.1 | 14.0% |
| Argentina | 1.2 | 0.9 | 1.0 | 0.9 | -9.1% |
| Paraguay | N/A | N/A | 6.9 | N/A | 0% |
| United States | 15.0 | 16.4 | 27.3 | N/A | 34.9% |
| Others | 3.7 | 3.7 | 8.0 | N/A | 47.0% |
| Total | 38.2 | 38.6 | 96.2 | 28.0 | -9.8% |
Top Suppliers of Brown Rice to Uruguay in 2022:
- Brazil (26.7 tons)
- Argentina (0.6 tons)
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