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

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $571 per ton in August 2023, picking up by 11% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 19% month-to-month. The import price peaked at $660 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($2,183 per ton), while the price for Hungary ($498 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.6%), 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 Slovakia (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $680 per ton in 2022, shrinking by -26.1% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 442% against the previous year. As a result, the export price reached the peak level of $2,052 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Croatia ($792 per ton) and the Czech Republic ($715 per ton), while the average price for exports to Italy ($537 per ton) and Hungary ($693 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+31.0%), 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 Slovakia

In 2022, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Slovakia surged to 2.8K tons, rising by 25% against the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2020 indices. 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 skyrocketed to $1.6M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

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

1. Hungary (2299.5 tons)
2. Czech Republic (296.7 tons)
3. Germany (111.2 tons)
4. Cyprus (53.4 tons)
5. Ukraine (20.3 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses, when their volume increased by 661% to 799 tons. Over the period under review, exports showed a buoyant expansion. 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 $543K in 2022. In general, exports saw significant growth. 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 Slovakia in 2022:

1. Czech Republic (461.2 tons)
2. Italy (190.1 tons)
3. Croatia (89.0 tons)
4. Hungary (58.0 tons)

Source: IndexBox Market Intelligence Platform