Cereals; Rye, Seed Price in Spain - 2023

Contents:

  1. Cereals; Rye, Seed Price in Spain (CIF) - 2022
  2. Cereals; Rye, Seed Price in Spain (FOB) - 2022
  3. Cereals; Rye, Seed Imports in Spain
  4. Cereals; Rye, Seed Exports in Spain

Cereals; Rye, Seed Price in Spain (CIF) - 2022

The average cereals; rye, seed import price stood at $1,009 per ton in 2022, picking up by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $2,037 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Germany ($1,829 per ton), while the price for Luxembourg ($139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced a decline.

Cereals; Rye, Seed Price in Spain (FOB) - 2022

In 2022, the average cereals; rye, seed export price amounted to $741 per ton, rising by 7.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 90% against the previous year. Over the period under review, the average export prices reached the maximum at $1,120 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,188 per ton), while the average price for exports to France ($244 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 Germany (+3.2%), while the prices for the other major destinations experienced a decline.

Cereals; Rye, Seed Imports in Spain

In 2022, overseas purchases of cereals; rye, seeds decreased by -91.7% to 2.1K tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,507% against the previous year. As a result, imports attained the peak of 32K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cereals; rye, seed imports fell rapidly to $2.1M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 832%. As a result, imports reached the peak of $29M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cereals; Rye, Seed in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.01.71.51.7-5.3%
Poland0.118.415.70.226.0%
LuxembourgN/AN/AN/A0.10%
Germany1.00.36.90.1-53.6%
LatviaN/A8.7N/AN/A0%
PortugalN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.129.224.02.1-12.2%

Top Suppliers of Cereals; Rye, Seed to Spain in 2022:

  1. France (1224.3 tons)
  2. Luxembourg (422.3 tons)
  3. Poland (314.0 tons)
  4. Portugal (63.4 tons)
  5. Germany (57.9 tons)

Cereals; Rye, Seed Exports in Spain

In 2022, shipments abroad of cereals; rye, seeds increased by 11% to 106 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn.

In value terms, cereals; rye, seed exports surged to $79K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.

Export of Cereals; Rye, Seed in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49.8N/AN/A39.4-7.5%
Portugal10.489.850.124.132.3%
Netherlands32.1N/A0.713.4-25.3%
France24.5N/A15.31.3-62.4%
Italy29.5N/AN/AN/A0%
Others5.91.4N/A0.3-63.0%
Total15291.166.178.6-19.7%

Top Export Markets for Cereals; Rye, Seed from Spain in 2022:

  1. Netherlands (34.9 tons)
  2. Germany (33.2 tons)
  3. Portugal (32.4 tons)
  4. France (5.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; rye, seed - Spain