Cereals; Oats, Seeds Price in the UK - 2023
Contents:
- Cereals; Oats, Seeds Price in the UK (CIF) - 2022
- Cereals; Oats, Seeds Price in the UK (FOB) - 2022
- Cereals; Oats, Seeds Imports in the UK
- Cereals; Oats, Seeds Exports in the UK
Cereals; Oats, Seeds Price in the UK (CIF) - 2022
The average cereals; oats, seeds import price stood at $897 per ton in 2022, picking up by 7.4% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. As a result, import price reached the peak level of $1,033 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($2,083 per ton), while the price for Ireland ($574 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+62.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Oats, Seeds Price in the UK (FOB) - 2022
The average cereals; oats, seeds export price stood at $231 per ton in 2022, rising by 1.6% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 36%. The export price peaked at $697 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($585 per ton), while the average price for exports to Poland ($184 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 Spain (-5.0%), while the prices for the other major destinations experienced a decline.
Cereals; Oats, Seeds Imports in the UK
In 2022, approx. 761 tons of cereals; oats, seedses were imported into the UK; increasing by 231% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt setback.
In value terms, cereals; oats, seeds imports surged to $682K in 2022. In general, imports, however, continue to indicate a abrupt downturn.
Import of Cereals; Oats, Seeds in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 550 | 701 | 97.7 | 329 | -15.7% |
Estonia | 398 | 318 | 55.7 | 257 | -13.6% |
France | 55.4 | 76.8 | 10.7 | 35.7 | -13.6% |
Germany | 91.9 | 26.7 | 3.1 | 33.9 | -28.3% |
Czech Republic | 16.0 | 33.9 | 1.8 | 16.1 | 0.2% |
Others | 22.7 | 15.3 | 23.1 | 10.5 | -22.7% |
Total | 1,134 | 1,172 | 192 | 682 | -15.6% |
Top Suppliers of Cereals; Oats, Seeds to the UK in 2022:
- Ireland (572.7 tons)
- Estonia (123.4 tons)
- France (27.5 tons)
- Germany (21.9 tons)
- Czech Republic (11.8 tons)
Cereals; Oats, Seeds Exports in the UK
In 2022, the amount of cereals; oats, seedses exported from the UK was estimated at 17K tons, surging by 7.6% compared with the previous year. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, the exports reached the peak of 20K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; oats, seeds exports expanded markedly to $4M in 2022. Overall, exports, however, showed a noticeable shrinkage.
Export of Cereals; Oats, Seeds in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1,967 | 1,019 | 1,041 | 1,269 | -13.6% |
Netherlands | 232 | 1,297 | 1,166 | 1,241 | 74.9% |
Spain | 1,405 | 866 | 845 | 985 | -11.2% |
France | 226 | 432 | 292 | 209 | -2.6% |
Germany | 469 | 335 | 230 | 143 | -32.7% |
Poland | 144 | 267 | 8.4 | 130 | -3.4% |
Others | 98.8 | 171 | 116 | 66.7 | -12.3% |
Total | 4,542 | 4,387 | 3,698 | 4,043 | -3.8% |
Top Export Markets for Cereals; Oats, Seeds from the UK in 2022:
- Netherlands (6.6K tons)
- Belgium (5.4K tons)
- Spain (3.5K tons)
- Poland (0.7K tons)
- Germany (0.7K tons)
- France (0.4K tons)
This report provides an in-depth analysis of the oat market in the UK.
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