Cereals; Millet, Seed Price in Serbia - 2022
Contents:
- Cereals; Millet, Seed Price in Serbia (CIF) - 2022
- Cereals; Millet, Seed Price in Serbia (FOB) - 2022
- Cereals; Millet, Seed Imports in Serbia
- Cereals; Millet, Seed Exports in Serbia
Cereals; Millet, Seed Price in Serbia (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $3,043 per ton, approximately equating the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, seed import price increased by +3.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87%. As a result, import price attained the peak level of $4,642 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Hungary.
From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +2.1% per year.
Cereals; Millet, Seed Price in Serbia (FOB) - 2022
In 2021, the average cereals; millet, seed export price amounted to $3,778 per ton, remaining stable against the previous year. Overall, the export price showed resilient growth. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2021, the rate of growth in terms of prices for Montenegro amounted to -41.1% per year.
Cereals; Millet, Seed Imports in Serbia
In 2022, approx. 346 kg of cereals; millet, seeds were imported into Serbia; growing by 15% compared with 2021 figures. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.
In value terms, cereals; millet, seed imports expanded rapidly to $1.1K in 2022. In general, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 63%.
| Import of Cereals; Millet, Seed in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 834 | 280 | 921 | 1,053 | 8.1% |
| Others | 837 | 285 | N/A | N/A | -65.9% |
| Total | 1,671 | 565 | 921 | 1,053 | -14.3% |
Top Suppliers of Cereals; Millet, Seed to Serbia in 2022:
- Hungary (346.0 kg)
Cereals; Millet, Seed Exports in Serbia
In 2021, the amount of cereals; millet, seeds exported from Serbia amounted to 500 kg, approximately equating 2020 figures. Overall, exports faced a sharp decrease. The smallest decline of 99.9% was in 2020.
In value terms, cereals; millet, seed exports stood at $1.9K in 2021. In general, exports saw a dramatic setback. The smallest decline of 99.9% was in 2020.
| Export of Cereals; Millet, Seed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Australia | N/A | N/A | 1.9 | 0% | |
| Czech Republic | 1.9 | N/A | N/A | 0% | |
| Others | 1.9 | N/A | N/A | 0% | |
| Total | 3.8 | N/A | 1.9 | -29.3% | |
Top Export Markets for Cereals; Millet, Seed from Serbia in 2022:
- Australia (500.0 kg)
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