Price for Cereal Grains; Rolled or Flaked, of Oats in Portugal - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Portugal (CIF) - 2023
- Price for Cereal Grains; Rolled or Flaked, of Oats in Portugal (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Portugal
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Portugal
Price for Cereal Grains; Rolled or Flaked, of Oats in Portugal (CIF) - 2023
The average import price for cereal grains; rolled or flaked, of oatses stood at $889 per ton in September 2023, reducing by -17.6% against the previous month. Overall, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in July 2023 an increase of 9.4% month-to-month. The import price peaked at $1,079 per ton in August 2023, and then fell sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,460 per ton), while the price for the UK ($645 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 Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Oats in Portugal (FOB) - 2022
In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,368 per ton, shrinking by -33.5% against the previous year. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. As a result, the export price reached the peak level of $2,056 per ton, and then declined sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($1,949 per ton), while the average price for exports to Morocco ($757 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 Mozambique (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Grains; Rolled or Flaked, of Oats in Portugal
In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Portugal shrank modestly to 7.2K tons, which is down by -4.6% on 2021. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 7.6K tons, and then fell in the following year.
In value terms, imports of cereal grains; rolled or flaked, of oatses stood at $6.3M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cereal Grains; Rolled or Flaked, of Oats in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.8 | 1.3 | 1.6 | 1.8 | 31.0% |
| Germany | 1.6 | 1.4 | 1.5 | 1.6 | 0.0% |
| Finland | 0.8 | 1.1 | 1.5 | 1.4 | 20.5% |
| United Kingdom | 1.6 | 1.1 | 1.2 | 0.9 | -17.5% |
| Sweden | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 5.0 | 5.1 | 6.2 | 6.3 | 8.0% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Portugal in 2022:
- Spain (2.6K tons)
- Germany (1.5K tons)
- Finland (1.4K tons)
- United Kingdom (1.1K tons)
- Sweden (0.5K tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in Portugal
In 2022, approx. 394 tons of cereal grains; rolled or flaked, of oatses were exported from Portugal; growing by 95% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. 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 oatses skyrocketed to $538K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 66%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Cereal Grains; Rolled or Flaked, of Oats in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 95.6 | 82.7 | 175 | 326 | 50.5% |
| Cabo Verde | 58.5 | 75.1 | 92.3 | 115 | 25.3% |
| Spain | 27.3 | 76.4 | 20.2 | 35.2 | 8.8% |
| Mozambique | 6.2 | 11.3 | 19.9 | 33.9 | 76.2% |
| Morocco | N/A | N/A | 0.7 | 15.4 | 2100.0% |
| Germany | N/A | 51.4 | 77.4 | 0.1 | -95.6% |
| Others | 8.6 | 28.7 | 29.9 | 12.5 | 13.3% |
| Total | 196 | 326 | 416 | 538 | 40.0% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Portugal in 2022:
- Angola (269.6 tons)
- Cabo Verde (61.3 tons)
- Morocco (20.4 tons)
- Spain (18.9 tons)
- Mozambique (17.4 tons)
- Germany (0.1 tons)
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