Bolivia: Grain Market 2025

Grain Market Size in Bolivia

The Bolivian grain market rose rapidly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Grain consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Grain Production in Bolivia

In value terms, grain production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average grain yield in Bolivia reduced to X tons per ha, waning by X% on 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. The grain yield peaked at X tons per ha in 2021, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in Bolivia reduced to X ha in 2022, stabilizing at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The grain harvested area peaked at X ha in 2021, and then reduced in the following year.

Grain Exports

Exports from Bolivia

In 2022, after two years of growth, there was significant decline in shipments abroad of cereal grains, when their volume decreased by X% to X tons. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, grain exports declined rapidly to $X in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for grain exports from Bolivia, accounting for a X% share of total exports. Moreover, grain exports to the United States exceeded the volume sent to the second major destination, Peru (X tons), threefold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and China (X% per year).

In value terms, the United States ($X) remains the key foreign market for cereal grains exports from Bolivia, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Canada, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a moderate increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Peru ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Bolivia

Grain imports into Bolivia fell dramatically to X tons in 2022, shrinking by X% on 2021 figures. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, grain imports shrank dramatically to $X in 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest grain supplier to Bolivia, accounting for a X% share of total imports. Moreover, grain imports from Argentina exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, the United States ($X), Argentina ($X) and Brazil ($X) constituted the largest grain suppliers to Bolivia, with a combined X% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained 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 Brazil ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform