Price for Cereal Groats; Meal and Pellets in Austria - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Austria (FOB) - 2023
- Price for Cereal Groats; Meal and Pellets in Austria (CIF) - 2023
- Exports of Cereal Groats; Meal and Pellets in Austria
- Imports of Cereal Groats; Meal and Pellets in Austria
Price for Cereal Groats; Meal and Pellets in Austria (FOB) - 2023
In June 2023, the average export price for cereal groats; meal and pelletses amounted to $768 per ton, with an increase of 19% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $809 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($1,104 per ton), while the average price for exports to Croatia ($621 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Cereal Groats; Meal and Pellets in Austria (CIF) - 2023
In June 2023, the average import price for cereal groats; meal and pelletses amounted to $1,394 per ton, picking up by 28% against the previous month. Overall, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal groats; meal and pellets import price increased by +47.9% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 33% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Croatia ($7,185 per ton), while the price for Hungary ($549 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats; Meal and Pellets in Austria
In 2022, approx. 37K tons of cereal groats; meal and pelletses were exported from Austria; rising by 20% against the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports attained the peak of 47K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereal groats; meal and pellets exports soared to $30M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Groats; Meal and Pellets in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.7 | 4.6 | 4.3 | 8.8 | 33.5% |
| Poland | 3.4 | 4.3 | 2.5 | 5.5 | 17.4% |
| Germany | 3.3 | 5.3 | 3.8 | 4.3 | 9.2% |
| Croatia | 2.0 | 3.0 | 2.2 | 3.3 | 18.2% |
| Switzerland | 0.4 | 1.0 | 0.9 | 2.8 | 91.3% |
| Slovenia | 0.7 | 1.0 | 1.3 | 2.2 | 46.5% |
| Serbia | 0.4 | 0.6 | 0.8 | 0.8 | 26.0% |
| Italy | 0.6 | 1.4 | 0.7 | 0.6 | 0.0% |
| Others | 0.3 | 1.1 | 1.8 | 2.2 | 94.3% |
| Total | 14.9 | 22.1 | 18.4 | 30.4 | 26.8% |
Top Export Markets for Cereal Groats; Meal and Pellets from Austria in 2022:
- Czech Republic (11.0K tons)
- Poland (7.2K tons)
- Germany (5.3K tons)
- Croatia (5.2K tons)
- Switzerland (3.2K tons)
- Slovenia (2.7K tons)
- Italy (1.1K tons)
- Serbia (0.9K tons)
Imports of Cereal Groats; Meal and Pellets in Austria
In 2022, cereal groats; meal and pellets imports into Austria declined to 9.4K tons, shrinking by -8.2% compared with 2021. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of 10K tons, and then dropped in the following year.
In value terms, cereal groats; meal and pellets imports soared to $9.2M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +51.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats; Meal and Pellets in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.2 | 4.7 | 5.0 | 5.6 | 20.5% |
| Italy | 1.9 | 1.3 | 1.3 | 1.6 | -5.6% |
| Croatia | N/A | 0.1 | 0.7 | 0.9 | 200.0% |
| Slovenia | N/A | N/A | N/A | 0.6 | 0% |
| Hungary | 0.7 | 0.1 | 0.2 | 0.2 | -34.1% |
| Others | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
| Total | 6.1 | 6.4 | 7.3 | 9.2 | 14.7% |
Top Suppliers of Cereal Groats; Meal and Pellets to Austria in 2022:
- Germany (6.2K tons)
- Italy (1.7K tons)
- Hungary (0.6K tons)
- Slovenia (0.4K tons)
- Croatia (0.2K tons)
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