Price for Cereal Groats and Meal; of Wheat in Italy - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Italy (FOB) - 2022
- Price for Cereal Groats and Meal; of Wheat in Italy (CIF) - 2022
- Exports of Cereal Groats and Meal; of Wheat in Italy
- Imports of Cereal Groats and Meal; of Wheat in Italy
Price for Cereal Groats and Meal; of Wheat in Italy (FOB) - 2022
The average export price for cereal groats and meal; of wheats stood at $882 per ton in 2022, increasing by 26% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +78.2% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,227 per ton), while the average price for exports to Slovenia ($738 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 Austria (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Wheat in Italy (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of wheats amounted to $1,323 per ton, with an increase of 177% against the previous year. Over the period under review, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,176 per ton), while the price for Slovenia ($153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+246.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats and Meal; of Wheat in Italy
After three years of growth, overseas shipments of cereal groats and meal; of wheats decreased by -7.5% to 116K tons in 2022. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 7.8% against the previous year.
In value terms, exports of cereal groats and meal; of wheats skyrocketed to $102M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value 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 +63.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cereal Groats and Meal; of Wheat in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.0 | 22.6 | 21.0 | 29.4 | 15.7% |
| Saudi Arabia | 4.2 | 10.7 | 14.5 | 16.9 | 59.1% |
| France | 8.8 | 5.1 | 11.3 | 10.3 | 5.4% |
| Belgium | 3.5 | 3.9 | 5.7 | 6.1 | 20.3% |
| United Kingdom | 2.3 | 2.4 | 3.4 | 4.7 | 26.9% |
| Slovenia | 1.9 | 2.7 | 3.3 | 3.2 | 19.0% |
| Denmark | 2.4 | 1.6 | 2.6 | 2.5 | 1.4% |
| Israel | 1.3 | 1.2 | 2.1 | 2.4 | 22.7% |
| Sweden | 2.4 | 2.3 | 2.2 | 2.3 | -1.4% |
| United States | 1.1 | 1.2 | 1.4 | 2.2 | 26.0% |
| Poland | 1.6 | 1.6 | 2.2 | 2.1 | 9.5% |
| Croatia | 0.9 | 0.9 | 0.9 | 1.1 | 6.9% |
| Others | 13.0 | 12.2 | 17.2 | 19.0 | 13.5% |
| Total | 62.4 | 68.4 | 87.9 | 102 | 17.8% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Italy in 2022:
- Germany (37.4K tons)
- Saudi Arabia (20.1K tons)
- France (11.0K tons)
- Belgium (7.3K tons)
- Slovenia (4.4K tons)
- United Kingdom (4.2K tons)
- Denmark (2.7K tons)
- Israel (2.6K tons)
- Poland (2.1K tons)
- United States (1.8K tons)
- Sweden (1.8K tons)
- Croatia (1.4K tons)
Imports of Cereal Groats and Meal; of Wheat in Italy
In 2022, the amount of cereal groats and meal; of wheats imported into Italy fell significantly to 871 tons, waning by -59.6% against 2021. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of 2.2K tons, and then reduced remarkably in the following year.
In value terms, imports of cereal groats and meal; of wheats expanded sharply to $1.2M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 +77.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cereal Groats and Meal; of Wheat in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | N/A | 262 | 615 | 546 | 44.4% |
| Austria | 328 | 209 | 122 | 177 | -18.6% |
| Switzerland | N/A | N/A | 37.8 | 120 | 217.5% |
| Hungary | 5.2 | 12.6 | 5.7 | 83.8 | 152.6% |
| Germany | 10.7 | 14.9 | 25.2 | 67.3 | 84.6% |
| France | 229 | 104 | 98.9 | 26.8 | -51.1% |
| Slovenia | 0.1 | 31.0 | 0.3 | 15.2 | 433.7% |
| Greece | 58.1 | N/A | N/A | N/A | 0% |
| Others | 17.2 | 178 | 124 | 115 | 88.4% |
| Total | 648 | 812 | 1,029 | 1,152 | 21.1% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Italy in 2022:
- Croatia (219.8 tons)
- Austria (154.2 tons)
- Germany (103.6 tons)
- Slovenia (99.3 tons)
- Switzerland (73.9 tons)
- France (72.6 tons)
- Hungary (48.8 tons)
309
This report provides an in-depth analysis of the market for wheat and spelt groats in Italy.
323
This report provides an in-depth analysis of the durum wheat meals market in Italy.
346
This report provides an in-depth analysis of the non-wheat cereal pellets market in Italy.
388
This report provides an in-depth analysis of the non-wheat groats market in Italy.
386
This report provides an in-depth analysis of the wheat pellets market in Italy.
452
Global Wheat And Spelt Groats Market Report 2018. This report provides an in-depth analysis of the global market for wheat and spelt groats.
455
Global Durum Wheat Meals Market Report 2018. This report provides an in-depth analysis of the global durum wheat meals market.
857
This report provides an in-depth analysis of the global non-wheat cereal pellets market.
958
This report provides an in-depth analysis of the global non-wheat groats market.
504
Global Wheat Pellets Market Report 2018. This report provides an in-depth analysis of the global wheat pellets market.
Nothing found. Please try again.
