Cereals; Millet, Seed Price in France - 2023
Contents:
- Cereals; Millet, Seed Price in France (FOB) - 2023
- Cereals; Millet, Seed Price in France (CIF) - 2022
- Cereals; Millet, Seed Exports in France
- Cereals; Millet, Seed Imports in France
Cereals; Millet, Seed Price in France (FOB) - 2023
In June 2023, the average cereals; millet, seed export price amounted to $1,664 per ton, increasing by 3% against the previous month. Over the period under review, the export price enjoyed prominent growth. The pace of growth was the most pronounced in September 2022 when the average export price increased by 1,274% month-to-month. As a result, the export price attained the peak level of $4,938 per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($5,246 per ton), while the average price for exports to the Netherlands ($380 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Millet, Seed Price in France (CIF) - 2022
The average cereals; millet, seed import price stood at $1,046 per ton in 2022, reducing by -23.7% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. The import price peaked at $1,851 per ton in 2012; however, from 2013 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 Italy ($1,790 per ton), while the price for Belgium ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Exports in France
In 2022, cereals; millet, seed exports from France soared to 5.3K tons, growing by 64% compared with the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed exports soared to $3.4M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 131%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Cereals; Millet, Seed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 216 | 389 | 589 | 1,631 | 96.2% |
| Netherlands | 334 | 120 | 398 | 1,103 | 48.9% |
| United Kingdom | 114 | 390 | 17.4 | 464 | 59.7% |
| Portugal | 11.2 | 4.9 | 45.0 | 125 | 123.5% |
| Others | 59.8 | 38.1 | 1,127 | 42.0 | -11.1% |
| Total | 734 | 943 | 2,176 | 3,365 | 66.1% |
Top Export Markets for Cereals; Millet, Seed from France in 2022:
- Belgium (2.7K tons)
- Netherlands (1.7K tons)
- United Kingdom (0.7K tons)
- Portugal (0.1K tons)
Cereals; Millet, Seed Imports in France
In 2022, overseas purchases of cereals; millet, seeds decreased by -8.1% to 397 tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 113%. As a result, imports attained the peak of 584 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; millet, seed imports contracted remarkably to $415K in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 140%.
| Import of Cereals; Millet, Seed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 120 | 245 | 301 | 266 | 30.4% |
| India | 28.4 | 117 | 108 | 95.7 | 49.9% |
| Italy | 43.8 | 29.1 | 53.2 | 47.1 | 2.5% |
| Belgium | 3.3 | 14.0 | 1.6 | 5.7 | 20.0% |
| Others | 0.9 | 64.5 | 127 | N/A | 1087.9% |
| Total | 196 | 470 | 592 | 415 | 28.4% |
Top Suppliers of Cereals; Millet, Seed to France in 2022:
- United States (253.8 tons)
- India (104.0 tons)
- Italy (26.3 tons)
- Belgium (12.6 tons)
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