Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam - 2022

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam (CIF) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $729 per ton in 2022, rising by 4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $732 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($729 per ton) and Malaysia ($729 per ton), while the price for Japan ($728 per ton) and Thailand ($729 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $633 per ton in 2022, with an increase of 2.6% against the previous year. Overall, the export price recorded a resilient expansion. The export price peaked at $1,599 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam

In 2022, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by 128% to 21 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic slump.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $15K in 2022. Over the period under review, imports, however, continue to indicate a sharp reduction.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Vietnam in 2022:

1. Malaysia (16.0 tons)
2. Australia (2.7 tons)
3. Thailand (1.2 tons)
4. Japan (0.8 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Vietnam

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses exported from Vietnam declined sharply to 1.4 tons, falling by -20% against the year before. In general, exports saw a dramatic contraction.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses shrank significantly to $891 in 2022. Over the period under review, exports recorded a abrupt decline.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Vietnam in 2022:

1. South Korea (1.4 tons)

Source: IndexBox Market Intelligence Platform