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

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of oatses stood at $1,883 per ton in September 2023, increasing by 12% against the previous month. Overall, the import price, however, showed a slight setback. The growth pace was the most rapid in March 2023 an increase of 58% m-o-m. Over the period under review, average import prices hit record highs at $2,178 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From December 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +50.2% per month.

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

The average export price for cereal grains; rolled or flaked, of oatses stood at $1,265 per ton in September 2023, which is down by -61.2% against the previous month. Overall, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in February 2023 an increase of 126% month-to-month. As a result, the export price attained the peak level of $3,897 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,362 per ton), while the average price for exports to Taiwan (Chinese) ($871 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses decreased by -11.1% to 2.4K tons, falling for the second year in a row after two years of growth. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2020 when imports increased by 29%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; rolled or flaked, of oatses expanded to $4.4M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Denmark (1236.1 tons)
2. Italy (335.4 tons)
3. Germany (303.1 tons)
4. Norway (219.6 tons)
5. Finland (179.6 tons)
6. United Kingdom (71.0 tons)
7. Netherlands (41.6 tons)

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

For the fourth year in a row, Sweden recorded growth in overseas shipments of cereal grains; rolled or flaked, of oatses, which increased by 121% to 1.8K tons in 2022. In general, exports recorded 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 oatses surged to $3.9M in 2022. Overall, 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 Oats from Sweden in 2022:

1. United States (1317.4 tons)
2. Ghana (136.1 tons)
3. Denmark (90.8 tons)
4. Finland (90.7 tons)
5. Spain (32.4 tons)
6. United Kingdom (22.8 tons)
7. Italy (20.6 tons)
8. Norway (18.6 tons)

Source: IndexBox Market Intelligence Platform