Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (FOB) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (FOB) - 2023
In November 2023, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $2,658 per ton, picking up by 8.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 9.7% month-to-month. The export price peaked in November 2023.
Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to Germany ($3,003 per ton) and Canada ($2,893 per ton), while the average price for exports to Spain ($2,198 per ton) and Croatia ($2,374 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $2,249 per ton, surging by 42% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $2,985 per ton in 2017; however, from 2018 to 2022, import prices stood 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 Chile ($2,269 per ton), while the price for the United States totaled $1,360 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.8%), while the prices for the other major suppliers experienced a decline.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia
In 2022, shipments abroad of buckwheat, millet and canary seed; other cerealses decreased by -20.3% to 22K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of 37K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of buckwheat, millet and canary seed; other cerealses dropped dramatically to $47M in 2022. Overall, exports faced a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 2.1%. As a result, the exports reached the peak of $93M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.1 | 35.5 | 19.3 | 19.9 | -13.8% |
| China | N/A | N/A | N/A | 4.2 | 0% |
| Canada | 4.5 | 5.7 | 3.1 | 4.0 | -3.9% |
| France | 8.1 | 4.9 | 4.1 | 3.7 | -23.0% |
| Germany | 6.7 | 7.1 | 6.0 | 3.7 | -18.0% |
| Australia | 4.2 | 3.1 | 2.6 | 2.6 | -14.8% |
| Netherlands | 4.0 | 5.9 | 3.2 | 2.4 | -15.7% |
| Spain | 2.1 | 1.2 | 1.3 | 1.2 | -17.0% |
| Others | 30.0 | 29.2 | 22.3 | 5.1 | -44.6% |
| Total | 90.8 | 92.7 | 61.7 | 46.9 | -19.8% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Bolivia in 2022:
- United States (9.6K tons)
- China (2.1K tons)
- Canada (2.0K tons)
- Germany (1.7K tons)
- France (1.6K tons)
- Australia (1.2K tons)
- Netherlands (1.2K tons)
- Spain (0.7K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia
In 2022, supplies from abroad of buckwheat, millet and canary seed; other cerealses decreased by -97.5% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 137% against the previous year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses contracted rapidly to $2.5K in 2022. Over the period under review, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 123%. As a result, imports reached the peak of $70K, and then contracted significantly in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1.5 | 1.8 | 0.8 | 2.5 | 18.6% |
| Germany | N/A | N/A | 18.2 | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| India | 7.1 | 20.3 | 27.3 | N/A | 96.1% |
| Canada | 5.7 | 7.9 | 4.8 | N/A | -8.2% |
| Others | 1.1 | 1.5 | 19.2 | N/A | 317.8% |
| Total | 15.5 | 31.6 | 70.3 | 2.5 | -45.6% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Bolivia in 2022:
- Chile (1093.0 kg)
- United States (25.0 kg)
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