Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece (CIF) - 2023
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece
4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece (CIF) - 2023

In September 2023, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $387 per ton, reducing by -17% against the previous month. Overall, the import price recorded a noticeable descent. The pace of growth was the most pronounced in March 2023 an increase of 46% against the previous month. The import price peaked at $611 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($1,952 per ton), while the price for Bulgaria ($229 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $911 per ton, surging by 21% against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 137%. Over the period under review, the average export prices hit record highs at $946 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($1,480 per ton), while the average price for exports to Spain ($599 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 Italy (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece

In 2022, purchases abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses was finally on the rise to reach 7.3K tons after two years of decline. In general, imports, however, faced a dramatic curtailment.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $3.1M in 2022. Overall, imports, however, showed a deep slump.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Greece in 2022:

1. Bulgaria (6.8K tons)
2. France (0.2K tons)
3. Germany (0.1K tons)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Greece

In 2022, after three years of growth, there was significant decline in overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses, when their volume decreased by -16% to 591 tons. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 65% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses totaled $538K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Greece in 2022:

1. Cyprus (419.0 tons)
2. Romania (56.1 tons)
3. Hungary (45.1 tons)
4. Bulgaria (33.0 tons)
5. Spain (23.1 tons)
6. Germany (9.9 tons)

Source: IndexBox Market Intelligence Platform