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

Contents:

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

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

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $473 per ton in 2022, stabilizing at the previous year. In general, import price indicated notable growth from 2013 to 2022: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by +63.2% against 2016 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($679 per ton), while the price for Belarus ($457 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.1%), 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 Serbia (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $574 per ton in 2022, with a decrease of -24.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $897 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($696 per ton), while the average price for exports to Montenegro amounted to $537 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+8.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into Serbia surged to 145 tons, with an increase of 54% on the previous year. In general, imports, however, continue to indicate a precipitous setback.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses surged to $69K in 2022. Over the period under review, imports, however, recorded a sharp descent.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus99.512929.759.3-15.8%
Czech Republic18.9N/AN/A6.1-31.4%
CroatiaN/AN/A0.12.72600.0%
Russia13.813.6N/AN/A-1.4%
Germany25.324.914.3N/A-24.8%
OthersN/AN/AN/A0.60%
Total15816744.168.7-24.2%

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

  1. Belarus (129.9 tons)
  2. Czech Republic (10.5 tons)
  3. Croatia (4.0 tons)

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

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses exported from Serbia soared to 16 tons, with an increase of 204% on 2021 figures. In general, exports posted a significant expansion. As a result, the exports attained 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 $9.2K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro1.14.31.36.580.8%
Bosnia and Herzegovina3.23.52.72.6-6.7%
OthersN/AN/AN/AN/A0%
Total4.37.74.09.228.9%

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

  1. Montenegro (12.2 tons)
  2. Bosnia and Herzegovina (3.8 tons)

Source: IndexBox Market Intelligence Platform

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