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

Contents:

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

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

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $660 per ton, falling by -8.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 25%. The import price peaked at $721 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,736 per ton), while the price for Ukraine ($486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,665 per ton in 2022, waning by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 an increase of 78%. As a result, the export price reached the peak level of $2,069 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($2,009 per ton), while the average price for exports to Romania ($994 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 Slovakia (+4.2%), 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 Hungary

In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Hungary soared to 413 tons, with an increase of 147% compared with the previous year's figure. Overall, imports posted resilient growth. As a result, imports attained 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 skyrocketed to $273K in 2022. In general, imports posted a remarkable increase. As a result, imports attained 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 Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A12.91761264.3%
Germany25.433.142.457.231.1%
Czech RepublicN/A0.95.74.7128.5%
Belgium15138.642.8N/A-46.8%
Others5.55.416.935.085.3%
Total18277.912127314.5%

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

  1. Ukraine (362.3 tons)
  2. Germany (33.0 tons)
  3. Czech Republic (6.8 tons)

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

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses exported from Hungary rose rapidly to 25 tons, with an increase of 13% compared with the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +63.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses rose rapidly to $42K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +63.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia3.93.95.712.748.2%
Bosnia and Herzegovina11.211.513.511.30.3%
Romania1.21.72.55.060.9%
Croatia6.38.28.34.8-8.7%
Slovakia1.85.54.54.434.7%
Bulgaria0.40.63.42.276.5%
Italy0.91.31.31.826.0%
OthersN/AN/A0.70.1-85.7%
Total25.732.639.942.117.9%

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

  1. Bosnia and Herzegovina (6.8 tons)
  2. Slovenia (6.3 tons)
  3. Romania (5.0 tons)
  4. Croatia (2.6 tons)
  5. Slovakia (2.4 tons)
  6. Bulgaria (1.2 tons)
  7. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform

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