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

Contents:

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

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $905 per ton in 2022, with a decrease of -16.8% against the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 8.4%. As a result, the export price attained the peak level of $1,331 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2015 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +0.6% per year.

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

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $2,200 per ton, dropping by -2% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 79%. Over the period under review, average import prices attained the maximum at $4,705 per ton in 2013; however, from 2014 to 2022, 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 Sweden ($2,220 per ton), while the price for the UK ($1,396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-3.1%), 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 Norway

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses exported from Norway skyrocketed to 195 tons, rising by 53% against 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $177K in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 43%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden93.986.512817523.1%
Others2.210.410.92.0-3.1%
Total96.196.913917722.6%

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

  1. Sweden (194.8 tons)

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

In 2022, approx. 9.3 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were imported into Norway; increasing by 41% against the previous year's figure. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 9,312%. As a result, imports attained the peak of 396 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 skyrocketed to $20K in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 9,273%. As a result, imports attained the peak of $496K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.32.114.819.6302.8%
DenmarkN/A0.5N/A0.4-10.6%
United Kingdom4.8N/AN/A0.3-60.3%
FinlandN/A493N/AN/A0%
Others0.20.9N/AN/A350.0%
Total5.349614.820.456.7%

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

  1. Sweden (8.8 tons)
  2. United Kingdom (0.2 tons)
  3. Denmark (0.2 tons)

Source: IndexBox Market Intelligence Platform

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