Cereals; Barley, Seed Price in Australia - 2023
Contents:
- Cereals; Barley, Seed Price in Australia (FOB) - 2022
- Cereals; Barley, Seed Price in Australia (CIF) - 2022
- Cereals; Barley, Seed Exports in Australia
- Cereals; Barley, Seed Imports in Australia
Cereals; Barley, Seed Price in Australia (FOB) - 2022
The average cereals; barley, seed export price stood at $276 per ton in 2022, rising by 7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27%. The export price peaked at $316 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($417 per ton), while the average price for exports to South Korea ($179 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 China (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Barley, Seed Price in Australia (CIF) - 2022
The average cereals; barley, seed import price stood at $2,308 per ton in 2022, falling by -5.2% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed import price increased by +5.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $2,745 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($20,392 per ton), while the price for India ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Exports in Australia
After two years of decline, shipments abroad of cereals; barley, seeds increased by 5.2% to 553 tons in 2022. Over the period under review, exports, however, recorded a dramatic contraction.
In value terms, cereals; barley, seed exports expanded remarkably to $153K in 2022. Overall, exports, however, continue to indicate a significant decrease.
| Export of Cereals; Barley, Seed in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2.4 | N/A | N/A | N/A | 0% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Vietnam | 3.7 | 0.1 | N/A | N/A | -97.3% |
| Oman | 0.6 | N/A | N/A | N/A | 0% |
| Qatar | 17.9 | 0.1 | N/A | N/A | -99.4% |
| Others | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Total | 24.9 | 0.2 | 0.1 | 0.2 | -80.0% |
Top Export Markets for Cereals; Barley, Seed from Australia in 2022:
- Japan (206.2 tons)
- Qatar (157.6 tons)
- Vietnam (92.5 tons)
- New Zealand (73.7 tons)
- Oman (14.8 tons)
Cereals; Barley, Seed Imports in Australia
In 2022, purchases abroad of cereals; barley, seeds increased by 61% to 6.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a dramatic slump.
In value terms, cereals; barley, seed imports soared to $14K in 2022. In general, imports, however, showed a precipitous shrinkage.
| Import of Cereals; Barley, Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.9 | 9.3 | 1.2 | 5.5 | -37.8% |
| France | N/A | N/A | 3.2 | 3.5 | 9.4% |
| Thailand | 4.5 | 4.1 | 2.2 | 2.3 | -20.0% |
| Sri Lanka | N/A | 2.4 | 1.1 | 1.2 | -29.3% |
| Singapore | 0.6 | 1.8 | 0.8 | 0.9 | 14.5% |
| South Korea | 1.5 | 0.7 | 0.3 | 0.5 | -30.7% |
| India | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.9 | 0.7 | 0.3 | 0.2 | -39.4% |
| Total | 30.5 | 18.9 | 9.2 | 14.0 | -22.9% |
Top Suppliers of Cereals; Barley, Seed to Australia in 2022:
- China (3173.0 kg)
- Thailand (1124.0 kg)
- Singapore (636.0 kg)
- Sri Lanka (624.0 kg)
- South Korea (234.0 kg)
- France (169.0 kg)
- India (113.0 kg)
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