Price for Cereal Grains; Rolled or Flaked, of Oats in Estonia - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Estonia (CIF) - 2023
- Price for Cereal Grains; Rolled or Flaked, of Oats in Estonia (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Estonia
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Estonia
Price for Cereal Grains; Rolled or Flaked, of Oats in Estonia (CIF) - 2023
In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $1,125 per ton, remaining stable against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 9.5% against the previous month. As a result, import price reached the peak level of $1,271 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($1,156 per ton), while the price for Finland ($1,052 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Oats in Estonia (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of oatses stood at $1,432 per ton in 2022, with an increase of 95% against the previous year. Overall, the export price recorded prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,712 per ton), while the average price for exports to Latvia ($770 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 Russia (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Oats in Estonia
In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Estonia stood at 3.4K tons, approximately equating 2021. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 3.4K tons; afterwards, it flattened through to 2022.
In value terms, imports of cereal grains; rolled or flaked, of oatses skyrocketed to $3.2M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cereal Grains; Rolled or Flaked, of Oats in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 1,096 | 1,412 | 1,373 | 1,719 | 16.2% |
| Finland | 623 | 927 | 879 | 1,019 | 17.8% |
| Lithuania | 39.6 | 85.4 | 178 | 406 | 117.2% |
| Others | 97.0 | 15.9 | 28.5 | 37.1 | -27.4% |
| Total | 1,856 | 2,441 | 2,459 | 3,181 | 19.7% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Estonia in 2022:
- Latvia (1861.0 tons)
- Finland (1097.5 tons)
- Lithuania (370.3 tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in Estonia
After two years of decline, shipments abroad of cereal grains; rolled or flaked, of oatses increased by 168% to 134 tons in 2022. In general, exports continue to indicate 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 oatses skyrocketed to $192K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Grains; Rolled or Flaked, of Oats in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.1 | 0.1 | 0.6 | 114 | 944.6% |
| Ukraine | N/A | N/A | N/A | 31.1 | 0% |
| Latvia | 63.9 | 23.1 | 22.2 | 23.2 | -28.7% |
| Lithuania | 6.6 | 10.0 | 7.0 | 14.1 | 28.8% |
| Finland | 4.4 | 4.1 | 5.9 | 9.6 | 29.7% |
| Others | 0.1 | 0.2 | 1.1 | 0.1 | 0.0% |
| Total | 75.0 | 37.6 | 36.7 | 192 | 36.8% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Estonia in 2022:
- Sweden (66.6 tons)
- Latvia (30.1 tons)
- Ukraine (20.9 tons)
- Lithuania (9.2 tons)
- Finland (7.3 tons)
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