Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (CIF) - 2023
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (CIF) - 2023
In December 2023, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $529 per ton, surging by 7.8% against the previous month. Over the period under review, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 37% against the previous month. The import price peaked at $720 per ton in March 2023; however, from April 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($636 per ton), while the price for Russia totaled $364 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Russia (+0.6%).
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (FOB) - 2022
In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,251 per ton, shrinking by -28.1% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by +19.0% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 49%. As a result, the export price attained the peak level of $1,739 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,887 per ton), while the average price for exports to Hong Kong SAR ($648 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 Japan (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China
Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into China fell notably to 8.4K tons in 2022, which is down by -46% on the year before. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports reached the peak of 16K tons, and then contracted remarkably in the following year.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses reduced sharply to $5.7M in 2022. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of $11M, and then shrank notably in the following year.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.1 | 6.1 | 9.7 | 5.5 | 21.1% |
| Russia | 1.4 | 0.2 | 0.6 | N/A | -34.5% |
| Others | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| Total | 4.9 | 6.5 | 10.5 | 5.7 | 5.2% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to China in 2022:
- Australia (8.3K tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China
In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -25% to 26 tons, falling for the second year in a row after two years of growth. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 149%. As a result, the exports reached the peak of 73 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses fell notably to $33K in 2022. In general, exports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2020 with an increase of 149%. As a result, the exports attained the peak of $85K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.4 | 19.6 | 10.7 | 7.9 | 48.8% |
| Malaysia | 6.5 | 20.4 | 7.1 | 7.6 | 5.3% |
| Japan | 2.1 | 3.7 | 4.0 | 6.2 | 43.5% |
| Australia | 5.8 | 14.9 | 11.7 | 5.3 | -3.0% |
| Hong Kong SAR | N/A | N/A | N/A | 3.0 | 0% |
| United States | 10.5 | 7.8 | 23.0 | 2.4 | -38.9% |
| Macao SAR | N/A | 4.3 | N/A | 0.6 | -62.6% |
| New Zealand | N/A | 12.2 | N/A | N/A | 0% |
| Taiwan (Chinese) | 3.7 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 2.2 | 4.6 | N/A | 21.8% |
| Total | 34.2 | 85.1 | 61.0 | 32.9 | -1.3% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from China in 2022:
- Malaysia (7.6 tons)
- Japan (4.9 tons)
- Hong Kong SAR (4.6 tons)
- Thailand (4.5 tons)
- Australia (2.8 tons)
- United States (1.5 tons)
- Macao SAR (0.5 tons)
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