Cereals; Barley, Seed Price in Hungary - 2023
Contents:
- Cereals; Barley, Seed Price in Hungary (FOB) - 2022
- Cereals; Barley, Seed Price in Hungary (CIF) - 2022
- Cereals; Barley, Seed Exports in Hungary
- Cereals; Barley, Seed Imports in Hungary
Cereals; Barley, Seed Price in Hungary (FOB) - 2022
The average cereals; barley, seed export price stood at $658 per ton in 2022, dropping by -18.8% against the previous year. In general, the export price, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. The export price peaked at $811 per ton in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($1,348 per ton), while the average price for exports to Malta ($177 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 Bulgaria (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Barley, Seed Price in Hungary (CIF) - 2022
In 2022, the average cereals; barley, seed import price amounted to $847 per ton, increasing by 9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2016 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $906 per ton in 2020; however, from 2021 to 2022, import prices stood 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 Italy ($3,374 per ton), while the price for Croatia ($392 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Exports in Hungary
In 2022, approx. 3.1K tons of cereals; barley, seeds were exported from Hungary; leveling off at the year before. The total export volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 35%. As a result, the exports attained the peak of 3.1K tons; afterwards, it flattened through to 2022.
In value terms, cereals; barley, seed exports fell significantly to $2.1M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 69%.
Export of Cereals; Barley, Seed in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 121 | 556 | 1,229 | 1,054 | 105.8% |
Bulgaria | 54.4 | 195 | 381 | 271 | 70.8% |
Malta | 255 | N/A | N/A | 239 | -2.1% |
Serbia | 56.9 | 90.9 | 219 | 154 | 39.4% |
Austria | 106 | 109 | 130 | 90.5 | -5.1% |
Slovakia | 27.1 | 48.7 | 136 | 44.6 | 18.1% |
Slovenia | 76.6 | 67.7 | 97.8 | 43.0 | -17.5% |
Italy | 112 | 179 | 41.6 | 34.4 | -32.5% |
Germany | 22.8 | N/A | 50.2 | 5.7 | -37.0% |
Croatia | N/A | 218 | 120 | N/A | -45.0% |
Others | 119 | 142 | 127 | 133 | 3.8% |
Total | 951 | 1,606 | 2,532 | 2,069 | 29.6% |
Top Export Markets for Cereals; Barley, Seed from Hungary in 2022:
- Malta (1350.0 tons)
- Romania (903.8 tons)
- Bulgaria (201.0 tons)
- Austria (195.8 tons)
- Serbia (119.9 tons)
- Italy (75.8 tons)
- Slovakia (74.1 tons)
- Slovenia (63.7 tons)
- Germany (11.5 tons)
Cereals; Barley, Seed Imports in Hungary
In 2022, the amount of cereals; barley, seeds imported into Hungary shrank slightly to 411 tons, falling by -4.5% on the year before. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year.
In value terms, cereals; barley, seed imports reached $348K in 2022. Over the period under review, imports recorded a pronounced contraction.
Import of Cereals; Barley, Seed in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 125 | 72.0 | 67.1 | 113 | -3.3% |
Austria | 70.2 | 38.2 | 73.1 | 87.3 | 7.5% |
Germany | 102 | 195 | 63.2 | 70.8 | -11.5% |
Slovakia | 9.6 | N/A | N/A | 23.0 | 33.8% |
Romania | 7.6 | 46.9 | 41.0 | 13.6 | 21.4% |
Czech Republic | 26.8 | N/A | 46.7 | 13.3 | -20.8% |
Croatia | 34.6 | N/A | 27.1 | 6.9 | -41.6% |
Others | 11.2 | 10.3 | 15.0 | 20.5 | 22.3% |
Total | 387 | 363 | 333 | 348 | -3.5% |
Top Suppliers of Cereals; Barley, Seed to Hungary in 2022:
- France (119.1 tons)
- Austria (114.1 tons)
- Germany (63.5 tons)
- Slovakia (33.9 tons)
- Czech Republic (28.2 tons)
- Croatia (17.5 tons)
- Romania (11.1 tons)
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This report provides an in-depth analysis of the barley market in Hungary.
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