Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in New Zealand - 2024

Contents:

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

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,114 per ton in 2022, surging by 13% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 90%. As a result, the export price reached the peak level of $7,312 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,532 per ton), while the average price for exports to Sweden ($894 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+20.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $852 per ton in 2022, growing by 6.2% against the previous year. Overall, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 57%. As a result, import price attained the peak level of $1,802 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -3.7% per year.

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

After three years of growth, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -42.2% to 358 tons in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 12,589%.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses contracted sharply to $399K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 8,689% against the previous year.

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

1. Sweden (201.9 tons)
2. Singapore (105.8 tons)
3. Hong Kong SAR (46.8 tons)

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

In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -70.7% to 102 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses fell notably to $87K in 2022. Overall, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 8.1%. As a result, imports attained the peak of $789K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Australia (101.1 tons)

Source: IndexBox Market Intelligence Platform