Price for Cereal Flours; Other than of Wheat or Meslin in Croatia - 2023

Contents:

1. Price for Cereal Flours; Other than of Wheat or Meslin in Croatia (CIF) - 2023
2. Price for Cereal Flours; Other than of Wheat or Meslin in Croatia (FOB) - 2022
3. Imports of Cereal Flours; Other than of Wheat or Meslin in Croatia
4. Exports of Cereal Flours; Other than of Wheat or Meslin in Croatia

Price for Cereal Flours; Other than of Wheat or Meslin in Croatia (CIF) - 2023

The average import price for cereal flours; other than of wheat or meslin stood at $326 per ton in October 2023, reducing by -76.1% against the previous month. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $1,365 per ton, and then fell dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Serbia ($1,624 per ton), while the price for Ukraine amounted to $258 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in Croatia (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $1,017 per ton in 2022, surging by 7.3% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal flours; other than of wheat or meslin increased by +86.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 74% against the previous year. The export price peaked at $1,450 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,644 per ton), while the average price for exports to Italy ($217 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 Sweden (+74.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flours; Other than of Wheat or Meslin in Croatia

In 2022, purchases abroad of cereal flours; other than of wheat or meslin decreased by -25.8% to 3.8K tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year. As a result, imports reached the peak of 6.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal flours; other than of wheat or meslin contracted significantly to $4.6M in 2022. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year.

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Croatia in 2022:

1. Austria (1781.8 tons)
2. Germany (1009.1 tons)
3. Slovenia (488.9 tons)
4. Hungary (205.6 tons)
5. Czech Republic (81.6 tons)
6. Italy (71.2 tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Croatia

In 2022, the amount of cereal flours; other than of wheat or meslin exported from Croatia fell rapidly to 327 tons, waning by -29.6% on the previous year's figure. In general, exports recorded a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year.

In value terms, exports of cereal flours; other than of wheat or meslin reduced sharply to $332K in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 202%.

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Croatia in 2022:

1. Bosnia and Herzegovina (143.6 tons)
2. Austria (47.2 tons)
3. Slovenia (38.7 tons)
4. Germany (37.6 tons)
5. Sweden (24.6 tons)
6. Lithuania (21.1 tons)
7. Italy (4.1 tons)
8. Kosovo (3.2 tons)

Source: IndexBox Market Intelligence Platform