Price for Cereal Grains; Rolled or Flaked, of Oats in Romania - 2023

Contents:

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

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

In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $1,147 per ton, rising by 5% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 14% month-to-month. As a result, import price attained the peak level of $1,209 per ton. From May 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 Turkey ($820 per ton), while the price for Ukraine totaled $683 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+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 Romania (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of oatses stood at $2,090 per ton in 2022, dropping by -34.8% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 55%. As a result, the export price reached the peak level of $5,088 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,542 per ton), while the average price for exports to Moldova ($763 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 Italy (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Romania

For the fourth consecutive year, Romania recorded growth in purchases abroad of cereal grains; rolled or flaked, of oatses, which increased by 27% to 4.3K tons in 2022. Overall, imports enjoyed a significant increase. 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 oatses soared to $3.7M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (1924.7 tons)
2. Germany (1425.1 tons)
3. Latvia (494.4 tons)
4. Hungary (191.7 tons)
5. Ukraine (96.1 tons)
6. Austria (70.8 tons)
7. Poland (55.7 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Romania

Exports of cereal grains; rolled or flaked, of oatses from Romania skyrocketed to 166 tons in 2022, jumping by 86% against 2021 figures. Over the period under review, exports saw a buoyant 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 soared to $346K in 2022. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 32%.

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

1. Moldova (90.7 tons)
2. Germany (45.8 tons)
3. Greece (22.6 tons)
4. Belgium (2.4 tons)
5. United Kingdom (1.7 tons)

Source: IndexBox Market Intelligence Platform