Cereals; Millet, Seed Price in Colombia - 2022
Contents:
Cereals; Millet, Seed Price in Colombia (CIF) - 2022
The average cereals; millet, seed import price stood at $485 per ton in 2022, growing by 36% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 42%. As a result, import price attained the peak level of $718 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($582 per ton), while the price for Canada stood at $427 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-1.0%).
Cereals; Millet, Seed Imports in Colombia
In 2022, the amount of cereals; millet, seeds imported into Colombia dropped rapidly to 183 tons, declining by -40.6% on the previous year's figure. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 19%.
In value terms, cereals; millet, seed imports reduced sharply to $89K in 2022. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year.
| Import of Cereals; Millet, Seed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 91.6 | 58.1 | 74.2 | 49.2 | -18.7% |
| United States | 56.8 | 27.3 | 35.4 | 39.6 | -11.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 148 | 85.4 | 110 | 88.7 | -15.7% |
Top Suppliers of Cereals; Millet, Seed to Colombia in 2022:
- Canada (115.1 tons)
- United States (68.0 tons)
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