Price for Cereal Groats; Meal and Pellets in Bolivia - 2023

Contents:

1. Price for Cereal Groats; Meal and Pellets in Bolivia (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Bolivia (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Bolivia
4. Exports of Cereal Groats; Meal and Pellets in Bolivia

Price for Cereal Groats; Meal and Pellets in Bolivia (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $848 per ton in 2022, picking up by 58% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal groats; meal and pellets import price increased by +93.7% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($811 per ton), while the price for Mexico amounted to $811 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.7%).

Price for Cereal Groats; Meal and Pellets in Bolivia (FOB) - 2022

In 2021, the average export price for cereal groats; meal and pelletses amounted to $7,829 per ton, surging by 33% against the previous year. Over the period under review, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 394% against the previous year. As a result, the export price attained the peak level of $8,006 per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saint Vincent and the Grenadines ($10,722 per ton), while the average price for exports to Saudi Arabia amounted to $7,568 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Groats; Meal and Pellets in Bolivia

In 2022, approx. 282 tons of cereal groats; meal and pelletses were imported into Bolivia; with an increase of 63% on the previous year. Overall, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 163%. As a result, imports reached the peak of 865 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cereal groats; meal and pellets imports skyrocketed to $239K in 2022. In general, imports showed prominent growth. The growth pace was the most rapid in 2020 with an increase of 159% against the previous year. As a result, imports attained the peak of $430K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Cereal Groats; Meal and Pellets to Bolivia in 2022:

1. Argentina (211.0 tons)
2. Mexico (67.2 tons)

Exports of Cereal Groats; Meal and Pellets in Bolivia

Cereal groats; meal and pellets exports from Bolivia surged to 217 kg in 2021, picking up by 648% on 2020 figures. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal groats; meal and pellets exports soared to $1.7K in 2021. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Groats; Meal and Pellets from Bolivia in 2022:

1. Saudi Arabia (199.0 kg)
2. Saint Vincent and the Grenadines (18.0 kg)

Source: IndexBox Market Intelligence Platform