Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela - 2022

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela (CIF) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela
4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,305 per ton, surging by 73% against the previous year. In general, the import price, however, recorded a noticeable downturn. Over the period under review, average import prices reached the peak figure at $2,298 per ton in 2014; however, from 2015 to 2022, 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 Brazil ($2,696 per ton), while the price for Canada stood at $1,258 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.2%).

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela (FOB) - 2022

In 2021, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $2,527 per ton, remaining constant against the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2014 to 2021, the rate of growth in terms of prices for Myanmar amounted to +25.0% per year.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela

For the third year in a row, Venezuela recorded decline in overseas purchases of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which decreased by -32.9% to 1.3 tons in 2022. Over the period under review, imports continue to indicate a sharp setback. The smallest decline of -15.1% was in 2021.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $1.7K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Venezuela in 2022:

1. Canada (1277.0 kg)
2. Brazil (23.0 kg)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Venezuela

In 2021, approx. 167 kg of cereal grains; rolled or flaked, of cereals excluding barley and oatses were exported from Venezuela; almost unchanged from 2020. In general, exports showed a sharp decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $422 in 2021. Over the period under review, exports showed a significant contraction. The smallest decline of 99.9% was in 2020.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Venezuela in 2022:

1. Norway (167.0 kg)

Source: IndexBox Market Intelligence Platform