Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (CIF) - 2023
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (FOB) - 2023
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (CIF) - 2023
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $463 per ton in September 2023, jumping by 62% against the previous month. Overall, the import price, however, saw a slight setback. Over the period under review, average import prices attained the maximum at $518 per ton in December 2022; however, from January 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 Switzerland ($2,611 per ton), while the price for Brazil amounted to $1,615 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (FOB) - 2023
In August 2023, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,719 per ton, with an increase of 5.4% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in March 2023 an increase of 16% month-to-month. The export price peaked at $2,132 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,938 per ton), while the average price for exports to Austria ($681 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+18.0%), 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 Italy
In 2022, approx. 22K tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were imported into Italy; surging by 25% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +50.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $9.2M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 61%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2,059 | 1,541 | 2,285 | 3,116 | 14.8% |
| Germany | 507 | 490 | 642 | 2,504 | 70.3% |
| Croatia | 78.1 | 141 | 267 | 581 | 95.2% |
| Slovakia | 44.4 | 9.2 | 62.5 | 558 | 132.5% |
| Slovenia | 418 | 764 | 441 | 422 | 0.3% |
| France | 64.2 | 28.1 | 725 | 391 | 82.6% |
| Hungary | 589 | 319 | 369 | 250 | -24.8% |
| Others | 564 | 597 | 1,472 | 1,406 | 35.6% |
| Total | 4,324 | 3,889 | 6,264 | 9,228 | 28.7% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Italy in 2022:
- Austria (9.1K tons)
- Germany (5.6K tons)
- Croatia (1.5K tons)
- Slovakia (1.5K tons)
- Slovenia (1.3K tons)
- France (0.9K tons)
- Hungary (0.7K tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses exported from Italy expanded slightly to 2.3K tons, surging by 3% against 2021. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $3.3M in 2022. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,181 | 585 | 867 | 1,036 | -4.3% |
| France | 141 | 133 | 770 | 778 | 76.7% |
| Spain | 49.2 | 52.6 | 103 | 348 | 92.0% |
| United Kingdom | 244 | 235 | 273 | 257 | 1.7% |
| Hungary | 0.8 | 0.1 | 1.1 | 175 | 502.5% |
| Austria | 87.9 | 85.1 | 94.8 | 112 | 8.4% |
| Slovenia | 49.8 | 43.4 | 56.6 | 63.5 | 8.4% |
| Others | 544 | 398 | 417 | 552 | 0.5% |
| Total | 2,297 | 1,532 | 2,583 | 3,321 | 13.1% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Italy in 2022:
- France (625.0 tons)
- Czech Republic (475.0 tons)
- Austria (241.1 tons)
- Spain (228.0 tons)
- Hungary (217.2 tons)
- United Kingdom (127.9 tons)
- Slovenia (123.1 tons)
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