Price for Cereals; Rye, Other than Seed in Australia - 2023

Contents:

  1. Price for Cereals; Rye, Other than Seed in Australia (FOB) - 2022
  2. Exports of Cereals; Rye, Other than Seed in Australia

Price for Cereals; Rye, Other than Seed in Australia (FOB) - 2022

In 2022, the average export price for cereals; rye, other than seeds amounted to $741 per ton, with a decrease of -11.7% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 58%. Over the period under review, the average export prices hit record highs at $1,861 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($4,349 per ton), while the average price for exports to Taiwan (Chinese) ($604 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 New Zealand (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Cereals; Rye, Other than Seed in Australia

Cereals; rye, other than seed exports from Australia surged to 162 tons in 2022, with an increase of 28% compared with the year before. In general, exports, however, showed a drastic downturn.

In value terms, cereals; rye, other than seed exports rose sharply to $120K in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Cereals; Rye, Other than Seed in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)65.476.876.889.711.1%
ChinaN/AN/A12.620.260.3%
Thailand3.7N/A1.22.4-13.4%
South Africa11.4N/AN/AN/A0%
Others13.83.615.27.7-17.7%
Total94.380.41061208.4%

Top Export Markets for Cereals; Rye, Other than Seed from Australia in 2022:

  1. Taiwan (Chinese) (148.6 tons)
  2. China (7.0 tons)
  3. Thailand (3.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; rye, other than seed - Australia