Cereals; Barley, Seed Price in Hungary - 2023

Contents:

  1. Cereals; Barley, Seed Price in Hungary (FOB) - 2022
  2. Cereals; Barley, Seed Price in Hungary (CIF) - 2022
  3. Cereals; Barley, Seed Exports in Hungary
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1215561,2291,054105.8%
Bulgaria54.419538127170.8%
Malta255N/AN/A239-2.1%
Serbia56.990.921915439.4%
Austria10610913090.5-5.1%
Slovakia27.148.713644.618.1%
Slovenia76.667.797.843.0-17.5%
Italy11217941.634.4-32.5%
Germany22.8N/A50.25.7-37.0%
CroatiaN/A218120N/A-45.0%
Others1191421271333.8%
Total9511,6062,5322,06929.6%

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

  1. Malta (1350.0 tons)
  2. Romania (903.8 tons)
  3. Bulgaria (201.0 tons)
  4. Austria (195.8 tons)
  5. Serbia (119.9 tons)
  6. Italy (75.8 tons)
  7. Slovakia (74.1 tons)
  8. Slovenia (63.7 tons)
  9. 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)
COUNTRY2019202020212022CAGR,
2019-2022
France12572.067.1113-3.3%
Austria70.238.273.187.37.5%
Germany10219563.270.8-11.5%
Slovakia9.6N/AN/A23.033.8%
Romania7.646.941.013.621.4%
Czech Republic26.8N/A46.713.3-20.8%
Croatia34.6N/A27.16.9-41.6%
Others11.210.315.020.522.3%
Total387363333348-3.5%

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

  1. France (119.1 tons)
  2. Austria (114.1 tons)
  3. Germany (63.5 tons)
  4. Slovakia (33.9 tons)
  5. Czech Republic (28.2 tons)
  6. Croatia (17.5 tons)
  7. Romania (11.1 tons)

Source: IndexBox Market Intelligence Platform

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