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

Contents:

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

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

In September 2023, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $643 per ton, jumping by 27% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 43% against the previous month. As a result, import price reached the peak level of $1,032 per ton. From May 2023 to September 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 December 2022 to September 2023, the rate of growth in terms of prices for Bulgaria amounted to +30.4% per month.

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

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $447 per ton in 2022, falling by -51.3% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 31%. The export price peaked at $1,489 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($1,338 per ton), while the average price for exports to Cyprus ($342 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 Bulgaria (+0.2%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Romania recorded growth in supplies from abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which increased by 2,435% to 39K tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained 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 surged to $16M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Bulgaria (37.5K tons)
2. Hungary (1.1K tons)
3. Germany (0.3K tons)
4. Czech Republic (0.1K tons)

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

For the fourth year in a row, Romania recorded growth in overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which increased by 3,310% to 10K tons in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $4.6M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Cyprus (6.5K tons)
2. Greece (3.6K tons)
3. Bulgaria (0.2K tons)

Source: IndexBox Market Intelligence Platform