Cereals; Barley, Seed Price in Greece - 2023

Contents:

  1. Cereals; Barley, Seed Price in Greece (CIF) - 2022
  2. Cereals; Barley, Seed Price in Greece (FOB) - 2022
  3. Cereals; Barley, Seed Imports in Greece
  4. Cereals; Barley, Seed Exports in Greece

Cereals; Barley, Seed Price in Greece (CIF) - 2022

In 2022, the average cereals; barley, seed import price amounted to $334 per ton, growing by 9.1% against the previous year. In general, the import price, however, recorded a mild downturn. The growth pace was the most rapid in 2018 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $591 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 France ($825 per ton), while the price for Bulgaria ($194 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced a decline.

Cereals; Barley, Seed Price in Greece (FOB) - 2022

In 2022, the average cereals; barley, seed export price amounted to $452 per ton, waning by -14.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. As a result, the export price attained the peak level of $558 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($494 per ton), while the average price for exports to Malta totaled $443 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+0.8%).

Cereals; Barley, Seed Imports in Greece

Cereals; barley, seed imports into Greece declined rapidly to 474 tons in 2022, falling by -37.9% on the previous year's figure. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 445% against the previous year. As a result, imports reached the peak of 763 tons, and then fell sharply in the following year.

In value terms, cereals; barley, seed imports fell notably to $158K in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. As a result, imports attained the peak of $234K, and then reduced markedly in the following year.

Import of Cereals; Barley, Seed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria32.012.515366.927.9%
France33.043.251.059.621.8%
Germany35.60.71.716.6-22.5%
Italy5.34.77.95.93.6%
Czech Republic1.84.32.23.322.4%
Hungary8.116.4N/A3.0-28.2%
RomaniaN/AN/A13.4N/A0%
Others4.30.94.92.9-12.3%
Total12082.82341589.6%

Top Suppliers of Cereals; Barley, Seed to Greece in 2022:

  1. Bulgaria (344.3 tons)
  2. France (72.2 tons)
  3. Germany (27.0 tons)
  4. Italy (11.8 tons)
  5. Czech Republic (7.3 tons)
  6. Hungary (7.0 tons)

Cereals; Barley, Seed Exports in Greece

In 2022, exports of cereals; barley, seeds from Greece soared to 170 tons, growing by 22% against 2021. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; barley, seed exports rose remarkably to $77K in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $81K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cereals; Barley, Seed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malta25.5N/AN/A63.835.8%
Cyprus3.980.567.212.246.3%
United Kingdom38.7N/AN/AN/A0%
Others0.4N/A5.80.720.5%
Total68.580.572.976.73.8%

Top Export Markets for Cereals; Barley, Seed from Greece in 2022:

  1. Malta (144.2 tons)
  2. Cyprus (24.8 tons)

Source: IndexBox Market Intelligence Platform

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