Price for Buckwheat, Millet and Canary Seed; Other Cereals in Austria - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Austria (CIF) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Austria (FOB) - 2023
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Austria
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Austria
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Austria (CIF) - 2023
In October 2023, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $407 per ton, shrinking by -36.6% against the previous month. In general, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in July 2023 when the average import price increased by 76% month-to-month. As a result, import price attained the peak level of $1,337 per ton. From August 2023 to October 2023, 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 Ukraine.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +7.7% per month.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Austria (FOB) - 2023
The average export price for buckwheat, millet and canary seed; other cerealses stood at $796 per ton in October 2023, reducing by -6.8% against the previous month. In general, export price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for buckwheat, millet and canary seed; other cerealses decreased by +0.8% against August 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 49% m-o-m. Over the period under review, the average export prices reached the maximum at $1,412 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($1,566 per ton), while the average price for exports to North Macedonia ($617 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+79.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Austria
In 2022, after two years of decline, there was significant growth in overseas purchases of buckwheat, millet and canary seed; other cerealses, when their volume increased by 85% to 28K tons. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $20M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 5.7 | 5.5 | 6.3 | 19.4% |
| Poland | 0.3 | 0.3 | 1.2 | 4.2 | 141.0% |
| Netherlands | 0.2 | 0.9 | 1.1 | 2.6 | 135.1% |
| Hungary | 1.3 | 0.7 | 0.6 | 2.2 | 19.2% |
| Czech Republic | 0.5 | 0.9 | 0.8 | 1.6 | 47.4% |
| Slovenia | 0.1 | 0.6 | 0.4 | 0.5 | 71.0% |
| Romania | 0.4 | 0.1 | 0.4 | 0.4 | 0.0% |
| Croatia | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Slovakia | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| Lithuania | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 7.2 | 2.2 | 1.3 | 1.3 | -43.5% |
| Total | 13.8 | 11.5 | 12.2 | 19.9 | 13.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Austria in 2022:
- Germany (8.3K tons)
- Hungary (6.1K tons)
- Poland (4.0K tons)
- Czech Republic (3.9K tons)
- Netherlands (1.2K tons)
- Romania (1.0K tons)
- Slovenia (1.0K tons)
- Slovakia (1.0K tons)
- Lithuania (0.5K tons)
- Croatia (0.5K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Austria
In 2022, approx. 15K tons of buckwheat, millet and canary seed; other cerealses were exported from Austria; which is down by -22.3% compared with 2021 figures. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 9%. As a result, the exports attained the peak of 19K tons, and then dropped significantly in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank to $13M in 2022. In general, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.5 | 12.3 | 8.1 | 6.8 | -10.5% |
| Italy | 0.8 | 1.2 | 1.8 | 2.2 | 40.1% |
| France | 0.8 | 0.8 | 0.9 | 1.1 | 11.2% |
| Switzerland | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
| Netherlands | 0.2 | 0.3 | 0.9 | 0.3 | 14.5% |
| Romania | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Slovenia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.5 | 0.8 | 1.5 | 1.1 | -9.8% |
| Total | 14.0 | 16.3 | 14.2 | 12.7 | -3.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Austria in 2022:
- Germany (7.6K tons)
- Italy (4.0K tons)
- France (0.7K tons)
- Switzerland (0.6K tons)
- Netherlands (0.5K tons)
- Romania (0.3K tons)
- Slovenia (0.3K tons)
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