Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (FOB) - 2023
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (CIF) - 2023
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (FOB) - 2023
In December 2023, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $808 per ton, remaining stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 14% m-o-m. The export price peaked at $907 per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (CIF) - 2023
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $3,124 per ton in December 2023, with a decrease of -14% against the previous month. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in November 2023 an increase of 117% against the previous month. Over the period under review, average import prices attained the peak figure at $4,902 per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -1.5% per month.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada
In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -2.9% to 239K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $208M in 2022. In general, exports, however, showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 76.5 | 103 | 118 | 207 | 39.3% |
| Others | 3.1 | 5.6 | 4.6 | 0.9 | -33.8% |
| Total | 79.5 | 109 | 122 | 208 | 37.8% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Canada in 2022:
- United States (237.7K tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada
In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into Canada skyrocketed to 20K tons, increasing by 268% on 2021. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $20M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 1.9 | 5.2 | 19.2 | 120.1% |
| Chile | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 1.8 | 2.0 | 5.3 | 19.9 | 122.8% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Canada in 2022:
- United States (19.8K tons)
- Chile (0.4K tons)
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