Price for Cereal Groats and Meal; of Wheat in Austria - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Austria (FOB) - 2022
- Price for Cereal Groats and Meal; of Wheat in Austria (CIF) - 2023
- Exports of Cereal Groats and Meal; of Wheat in Austria
- Imports of Cereal Groats and Meal; of Wheat in Austria
Price for Cereal Groats and Meal; of Wheat in Austria (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $735 per ton, growing by 32% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal groats and meal; of wheats increased by +93.2% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($825 per ton) and Switzerland ($804 per ton), while the average price for exports to Croatia ($567 per ton) and Poland ($701 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Wheat in Austria (CIF) - 2023
In September 2023, the average import price for cereal groats and meal; of wheats amounted to $1,006 per ton, growing by 5.1% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 45% against the previous month. The import price peaked at $1,524 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From November 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +2.9% per month.
Exports of Cereal Groats and Meal; of Wheat in Austria
In 2022, the amount of cereal groats and meal; of wheats exported from Austria skyrocketed to 33K tons, growing by 22% on 2021 figures. Over the period under review, exports, however, saw a slight decline.
In value terms, exports of cereal groats and meal; of wheats surged to $24M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.0% 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 +86.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Groats and Meal; of Wheat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.7 | 4.6 | 4.3 | 8.2 | 30.4% |
| Poland | 3.4 | 4.3 | 2.5 | 5.1 | 14.5% |
| Croatia | 2.0 | 3.0 | 2.2 | 3.0 | 14.5% |
| Switzerland | 0.4 | 1.0 | 0.9 | 2.6 | 86.6% |
| Slovenia | 0.7 | 0.9 | 1.2 | 2.1 | 44.2% |
| Germany | 2.0 | 3.0 | 2.2 | 1.6 | -7.2% |
| Serbia | 0.4 | 0.6 | 0.8 | 0.7 | 20.5% |
| Others | 0.3 | 0.6 | 0.8 | 0.8 | 38.7% |
| Total | 12.9 | 18.0 | 14.9 | 24.0 | 23.0% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Austria in 2022:
- Czech Republic (10.9K tons)
- Poland (7.2K tons)
- Croatia (5.2K tons)
- Switzerland (3.2K tons)
- Slovenia (2.7K tons)
- Germany (2.0K tons)
- Serbia (0.9K tons)
Imports of Cereal Groats and Meal; of Wheat in Austria
In 2022, approx. 6.6K tons of cereal groats and meal; of wheats were imported into Austria; waning by -4.9% against 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of 6.9K tons, and then shrank modestly in the following year.
In value terms, imports of cereal groats and meal; of wheats skyrocketed to $6.6M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats and Meal; of Wheat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 3.1 | 3.7 | 4.3 | 29.1% |
| Italy | 1.5 | 1.2 | 1.2 | 1.3 | -4.7% |
| Slovenia | N/A | N/A | N/A | 0.6 | 0% |
| Hungary | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Total | 3.9 | 4.4 | 5.2 | 6.6 | 19.2% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Austria in 2022:
- Germany (5.1K tons)
- Italy (1.1K tons)
- Slovenia (0.2K tons)
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