Milled Rice Price in Bolivia - 2023
Contents:
- Milled Rice Price in Bolivia (CIF) - 2022
- Milled Rice Price in Bolivia (FOB) - 2022
- Milled Rice Imports in Bolivia
- Milled Rice Exports in Bolivia
Milled Rice Price in Bolivia (CIF) - 2022
In 2022, the average milled rice import price amounted to $540 per ton, approximately equating the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by 11% against the previous year. The import price peaked at $711 per ton in 2012; however, from 2013 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 Paraguay ($1,190 per ton), while the price for Brazil ($499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+8.9%), while the prices for the other major suppliers experienced a decline.
Milled Rice Price in Bolivia (FOB) - 2022
In 2022, the average milled rice export price amounted to $686 per ton, rising by 5.7% against the previous year. Over the period under review, the export price, however, showed a mild slump. The most prominent rate of growth was recorded in 2015 an increase of 175% against the previous year. As a result, the export price reached the peak level of $1,990 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($669 per ton), while the average price for exports to Azerbaijan ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+43.2%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Imports in Bolivia
In 2022, purchases abroad of semi-milled or wholly milled (bleached) rice was finally on the rise to reach 8.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp setback.
In value terms, milled rice imports expanded markedly to $4.5M in 2022. In general, imports, however, saw a deep slump.
| Import of Milled Rice in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 6.2 | 5.3 | 2.5 | 3.0 | -21.5% |
| Brazil | 1.8 | 2.3 | 1.5 | 1.4 | -8.0% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 8.2 | 7.6 | 4.1 | 4.5 | -18.1% |
Top Suppliers of Milled Rice to Bolivia in 2022:
- Argentina (5.4K tons)
- Brazil (2.8K tons)
Milled Rice Exports in Bolivia
In 2022, shipments abroad of semi-milled or wholly milled (bleached) rice decreased by -14.2% to 68 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of 92 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, milled rice exports fell to $46K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $56K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milled Rice in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 55.9 | 50.0 | 38.9 | -16.6% |
| Netherlands | N/A | N/A | N/A | 1.2 | 0% |
| Azerbaijan | N/A | N/A | N/A | 0.5 | 0% |
| France | 44.8 | N/A | N/A | 0.2 | -83.5% |
| Others | 2.3 | 0.5 | 1.1 | 5.6 | 34.5% |
| Total | 47.1 | 56.4 | 51.1 | 46.4 | -0.5% |
Top Export Markets for Milled Rice from Bolivia in 2022:
- Canada (58.1 tons)
- Netherlands (2.8 tons)
- Azerbaijan (1.3 tons)
- France (0.3 tons)
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