Cereals; Millet, Seed Price in Romania - 2023
Contents:
Cereals; Millet, Seed Price in Romania (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $1,988 per ton, shrinking by -36% against the previous year. In general, the import price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 90% against the previous year. Over the period under review, average import prices reached the maximum at $3,106 per ton in 2021, and then fell remarkably in the following year.
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 the Netherlands ($2,557 per ton), while the price for Hungary stood at $1,261 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.6%).
Cereals; Millet, Seed Imports in Romania
For the third consecutive year, Romania recorded decline in overseas purchases of cereals; millet, seeds, which decreased by -32.3% to 2 tons in 2022. In general, imports saw a sharp reduction. The smallest decline of -16.9% was in 2020.
In value terms, cereals; millet, seed imports reduced markedly to $3.9K in 2022. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 29%.
| Import of Cereals; Millet, Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.5 | 0% |
| Hungary | N/A | N/A | 0.8 | 1.2 | 50.0% |
| Belgium | 0.4 | 0.9 | N/A | N/A | 125.0% |
| Austria | 5.8 | 7.1 | 0.1 | N/A | -86.9% |
| Poland | N/A | N/A | 6.3 | N/A | 0% |
| Italy | N/A | N/A | 1.3 | N/A | 0% |
| Others | N/A | 0.1 | 0.5 | 0.1 | 0.0% |
| Total | 6.2 | 8.0 | 9.0 | 3.9 | -14.3% |
Top Suppliers of Cereals; Millet, Seed to Romania in 2022:
- Netherlands (997.0 kg)
- Hungary (941.0 kg)
- Poland (6.0 kg)
- Italy (3.0 kg)
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