Price for Cereal Groats; Meal and Pellets in France - 2023

Contents:

  1. Price for Cereal Groats; Meal and Pellets in France (FOB) - 2023
  2. Price for Cereal Groats; Meal and Pellets in France (CIF) - 2023
  3. Exports of Cereal Groats; Meal and Pellets in France
  4. Imports of Cereal Groats; Meal and Pellets in France

Price for Cereal Groats; Meal and Pellets in France (FOB) - 2023

The average export price for cereal groats; meal and pelletses stood at $795 per ton in June 2023, which is down by -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 an increase of 18% m-o-m. As a result, the export price reached the peak level of $834 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,132 per ton), while the average price for exports to the Netherlands ($617 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 (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in France (CIF) - 2023

In June 2023, the average import price for cereal groats; meal and pelletses amounted to $826 per ton, dropping by -2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in August 2022 an increase of 9.6% m-o-m. The import price peaked at $873 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Switzerland ($952 per ton) and Italy ($927 per ton), while the price for Belgium ($686 per ton) and Poland ($705 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Groats; Meal and Pellets in France

In 2022, shipments abroad of cereal groats; meal and pelletses decreased by -2.9% to 131K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild descent. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2%. As a result, the exports reached the peak of 145K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereal groats; meal and pellets exports soared to $92M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +53.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal Groats; Meal and Pellets in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire14.014.117.421.415.2%
Belgium14.214.411.416.14.3%
United Kingdom10.013.112.215.014.5%
Spain4.34.45.16.313.6%
Germany1.52.53.84.746.3%
Denmark2.02.13.74.531.0%
Netherlands0.60.62.63.274.7%
Greece1.11.32.12.633.2%
Egypt1.72.71.52.412.2%
Poland0.40.61.51.968.1%
Cameroon0.80.71.51.933.4%
BeninN/A1.01.31.522.5%
Saudi Arabia0.92.5N/A1.415.9%
Others8.310.19.59.33.9%
Total59.869.973.692.015.4%

Top Export Markets for Cereal Groats; Meal and Pellets from France in 2022:

  1. Cote d'Ivoire (30.3K tons)
  2. Belgium (29.5K tons)
  3. United Kingdom (16.1K tons)
  4. Spain (10.0K tons)
  5. Germany (5.9K tons)
  6. Netherlands (5.4K tons)
  7. Denmark (5.2K tons)
  8. Egypt (4.0K tons)
  9. Cameroon (3.4K tons)
  10. Greece (2.4K tons)
  11. Saudi Arabia (2.3K tons)
  12. Poland (2.0K tons)
  13. Benin (2.0K tons)

Imports of Cereal Groats; Meal and Pellets in France

For the third year in a row, France recorded decline in purchases abroad of cereal groats; meal and pelletses, which decreased by -0.2% to 92K tons in 2022. Over the period under review, imports recorded a pronounced decline.

In value terms, cereal groats; meal and pellets imports skyrocketed to $69M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Groats; Meal and Pellets in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12.515.313.918.313.5%
Italy11.411.511.415.19.8%
Belgium5.36.97.710.324.8%
Luxembourg6.25.77.09.314.5%
Germany5.84.36.18.212.2%
Switzerland1.82.32.12.815.9%
Poland0.40.81.52.071.0%
Netherlands1.10.60.40.9-6.5%
Others0.81.52.02.137.9%
Total45.349.152.069.115.1%

Top Suppliers of Cereal Groats; Meal and Pellets to France in 2022:

  1. Spain (25.6K tons)
  2. Belgium (15.3K tons)
  3. Italy (13.8K tons)
  4. Germany (13.1K tons)
  5. Luxembourg (11.9K tons)
  6. Switzerland (4.2K tons)
  7. Poland (3.3K tons)
  8. Netherlands (2.0K tons)

Source: IndexBox Market Intelligence Platform

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