Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (FOB) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (CIF) - 2022
  3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland
  4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $902 per ton, declining by -14% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2013 when the average export price increased by 26%. Over the period under review, the average export prices attained the maximum at $1,049 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,216 per ton), while the average price for exports to China ($691 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 Sweden (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $2,150 per ton, waning by -29.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 147% against the previous year. As a result, import price reached the peak level of $15,500 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($5,981 per ton), while the price for Sweden ($1,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+12.9%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland

In 2022, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses from Finland expanded rapidly to 5.9K tons, with an increase of 11% on the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses shrank slightly to $5.3M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.5% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 55%.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A302839177.8%
Portugal1448191,03679977.0%
China1.20.730.1767761.4%
Italy2391,2001,65473545.4%
Netherlands7.844.294.6588322.4%
Spain29341.831039310.3%
Australia333756591299-3.5%
Germany34826228.4114-31.1%
Sweden1,5531,13928174.1-63.7%
Russia11585.971.913.8-50.7%
Others3378881,19972028.8%
Total3,3715,2375,5985,34316.6%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Finland in 2022:

  1. China (1110.0 tons)
  2. South Korea (963.2 tons)
  3. Netherlands (800.9 tons)
  4. Italy (769.7 tons)
  5. Portugal (713.1 tons)
  6. Spain (420.1 tons)
  7. Australia (275.3 tons)
  8. Germany (112.6 tons)
  9. Sweden (60.9 tons)
  10. Russia (18.4 tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland

Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Finland skyrocketed to 448 tons in 2022, increasing by 29% on the previous year. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 655% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses fell to $964K in 2022. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 1,124%. As a result, imports reached the peak of $1.1M, and then reduced in the following year.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain59983.55006573.1%
GermanyN/AN/A76.9157104.2%
LatviaN/AN/A472142-69.9%
Others1.23.010.17.080.0%
Total60186.51,05996417.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Finland in 2022:

  1. Spain (377.1 tons)
  2. Germany (41.5 tons)
  3. Latvia (23.8 tons)

Source: IndexBox Market Intelligence Platform

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