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

Contents:

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

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

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $300 per ton, waning by -63.8% against the previous year. Over the period under review, the export price recorded a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of 218% against the previous year. Over the period under review, the average export prices reached the maximum at $1,007 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($794 per ton), while the average price for exports to Bosnia and Herzegovina ($287 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 Montenegro (+0.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,072 per ton in 2022, increasing by 3.6% against the previous year. In general, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of 45%. Over the period under review, average import prices hit record highs at $1,577 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,602 per ton), while the price for the Czech Republic ($626 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Serbia soared to 2.2K tons in 2022, increasing by 9,479% compared with the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached 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 $659K in 2022. In general, exports showed a significant increase. As a result, the exports reached 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 Serbia in 2022:

1. Romania (2001.5 tons)
2. Bosnia and Herzegovina (174.6 tons)

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

In 2022, purchases abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -9.6% to 150 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +61.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40%.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank to $160K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year.

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

1. Czech Republic (56.7 tons)
2. Russia (35.0 tons)
3. Bulgaria (33.6 tons)
4. Germany (21.0 tons)
5. Netherlands (2.8 tons)

Source: IndexBox Market Intelligence Platform