Cereals; Barley, Seed Price in the United States - 2023
Contents:
- Cereals; Barley, Seed Price in the United States (CIF) - 2022
- Cereals; Barley, Seed Price in the United States (FOB) - 2022
- Cereals; Barley, Seed Imports in the United States
- Cereals; Barley, Seed Exports in the United States
Cereals; Barley, Seed Price in the United States (CIF) - 2022
The average cereals; barley, seed import price stood at $396 per ton in 2022, dropping by -3.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 17%. Over the period under review, average import prices attained the peak figure at $442 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -0.4% per year.
Cereals; Barley, Seed Price in the United States (FOB) - 2022
The average cereals; barley, seed export price stood at $797 per ton in 2022, waning by -10.1% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 export price increased by +14.1% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 101% against the previous year. As a result, the export price reached the peak level of $1,114 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($1,811 per ton), while the average price for exports to Colombia ($531 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 Barbados (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Barley, Seed Imports in the United States
In 2022, the amount of cereals; barley, seeds imported into the United States fell to 5.4K tons, dropping by -13.1% compared with the previous year. The total import volume increased at an average annual rate of +1.7% 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 34% against the previous year. As a result, imports attained the peak of 6.2K tons, and then contracted in the following year.
In value terms, cereals; barley, seed imports reduced remarkably to $2.1M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $2.5M, and then reduced rapidly in the following year.
| Import of Cereals; Barley, Seed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.0 | 1.6 | 2.5 | 2.0 | 0.0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 2.1 | 1.7 | 2.5 | 2.1 | 0.0% |
Top Suppliers of Cereals; Barley, Seed to the United States in 2022:
- Canada (5.2K tons)
Cereals; Barley, Seed Exports in the United States
Cereals; barley, seed exports from the United States soared to 473 tons in 2022, rising by 18% on the previous year's figure. Over the period under review, exports, however, continue to indicate a pronounced reduction.
In value terms, cereals; barley, seed exports rose significantly to $377K in 2022. Overall, exports, however, saw a relatively flat trend pattern.
| Export of Cereals; Barley, Seed in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 23.1 | N/A | N/A | 119 | 72.7% |
| Japan | 48.9 | 251 | 20.5 | 112 | 31.8% |
| Canada | 96.8 | 72.2 | 106 | 96.7 | -0.0% |
| Barbados | 32.1 | 47.7 | 35.3 | 23.1 | -10.4% |
| Bahamas | N/A | N/A | N/A | 14.6 | 0% |
| Costa Rica | N/A | N/A | 73.5 | 7.0 | -90.5% |
| Mexico | 139 | 16.0 | 7.2 | N/A | -77.2% |
| Netherlands | N/A | N/A | 45.1 | N/A | 0% |
| Others | 39.3 | 11.5 | 69.1 | 5.4 | -48.4% |
| Total | 379 | 398 | 356 | 377 | -0.2% |
Top Export Markets for Cereals; Barley, Seed from the United States in 2022:
- Colombia (223.4 tons)
- Canada (140.6 tons)
- Japan (79.6 tons)
- Barbados (13.3 tons)
- Bahamas (8.1 tons)
- Costa Rica (5.0 tons)
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