Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Norway - 2024

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,724 per ton in 2022, with an increase of 30% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($4,796 per ton), while the price for Belgium ($1,266 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $4,535 per ton, increasing by 220% against the previous year. In general, the export price recorded a strong increase. The pace of growth was the most pronounced in 2020 an increase of 259%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($10,671 per ton), while the average price for exports to Sweden ($2,111 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 Denmark (+10.1%), 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 Norway

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Norway contracted dramatically to 37 tons, dropping by -62.6% on the previous year's figure. Over the period under review, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 87%. As a result, imports reached the peak of 100 tons, and then fell remarkably in the following year.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined sharply to $102K in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $208K, and then contracted remarkably in the following year.

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

1. Germany (19.6 tons)
2. Netherlands (5.2 tons)
3. Denmark (3.1 tons)
4. Belgium (2.8 tons)
5. Sweden (2.1 tons)
6. Ukraine (1.7 tons)
7. India (0.8 tons)
8. United Kingdom (0.3 tons)

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

In 2022, shipments abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -13.4% to 4.3 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 296% against the previous year. As a result, the exports reached the peak of 5.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $20K in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,324%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Sweden (3.0 tons)
2. Singapore (1.2 tons)
3. Denmark (0.1 tons)

Source: IndexBox Market Intelligence Platform