Price for Cereal Groats; Meal and Pellets in Poland - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Poland (FOB) - 2023
- Price for Cereal Groats; Meal and Pellets in Poland (CIF) - 2023
- Exports of Cereal Groats; Meal and Pellets in Poland
- Imports of Cereal Groats; Meal and Pellets in Poland
Price for Cereal Groats; Meal and Pellets in Poland (FOB) - 2023
In June 2023, the average export price for cereal groats; meal and pelletses amounted to $931 per ton, remaining relatively unchanged against the previous month. In general, export price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% 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 export price decreased by -1.4% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 19% month-to-month. Over the period under review, the average export prices hit record highs at $944 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,707 per ton), while the average price for exports to Sweden ($567 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 Switzerland (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Poland (CIF) - 2023
The average import price for cereal groats; meal and pelletses stood at $783 per ton in June 2023, waning by -3.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 6.4% month-to-month. Over the period under review, average import prices hit record highs at $909 per ton in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Lithuania ($3,190 per ton), while the price for Russia ($557 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 Lithuania (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats; Meal and Pellets in Poland
Cereal groats; meal and pellets exports from Poland skyrocketed to 64K tons in 2022, with an increase of 15% against 2021 figures. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years.
In value terms, cereal groats; meal and pellets exports soared to $49M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.1% 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.1 | 11.8 | 12.7 | 15.4 | 19.2% |
| Netherlands | 2.3 | 2.5 | 3.0 | 4.0 | 20.3% |
| Belgium | 3.3 | 3.6 | 2.7 | 3.9 | 5.7% |
| Czech Republic | 1.3 | 2.4 | 2.2 | 3.6 | 40.4% |
| Sweden | 1.8 | 2.1 | 2.5 | 3.0 | 18.6% |
| Lithuania | 1.4 | 1.8 | 2.1 | 2.9 | 27.5% |
| France | 1.8 | 1.4 | 2.5 | 2.6 | 13.0% |
| Italy | 2.5 | 2.1 | 2.1 | 2.3 | -2.7% |
| United Kingdom | 2.2 | 3.6 | 2.1 | 2.3 | 1.5% |
| Spain | 0.2 | 0.6 | 0.4 | 1.1 | 76.5% |
| Others | 6.7 | 7.0 | 4.7 | 7.7 | 4.7% |
| Total | 32.5 | 38.9 | 37.1 | 48.8 | 14.5% |
Top Export Markets for Cereal Groats; Meal and Pellets from Poland in 2022:
- Germany (20.1K tons)
- Belgium (7.6K tons)
- Sweden (6.6K tons)
- Czech Republic (5.7K tons)
- Netherlands (5.0K tons)
- Lithuania (4.4K tons)
- France (2.7K tons)
- United Kingdom (1.4K tons)
- Italy (1.3K tons)
- Spain (1.0K tons)
Imports of Cereal Groats; Meal and Pellets in Poland
In 2022, approx. 44K tons of cereal groats; meal and pelletses were imported into Poland; rising by 11% compared with the previous year. In general, imports, however, continue to indicate a slight shrinkage.
In value terms, cereal groats; meal and pellets imports skyrocketed to $36M in 2022. Overall, imports continue to indicate a significant expansion. 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 8.2 | 9.0 | 9.9 | 11.1 | 10.6% |
| Austria | 3.4 | 4.5 | 2.5 | 5.6 | 18.1% |
| Lithuania | 0.1 | 0.9 | 1.1 | 3.8 | 236.2% |
| France | 0.5 | 0.3 | 1.3 | 2.6 | 73.2% |
| Italy | 1.7 | 1.5 | 1.4 | 2.3 | 10.6% |
| Estonia | N/A | 0.1 | 0.5 | 1.8 | 324.3% |
| Finland | N/A | N/A | 0.7 | 1.2 | 71.4% |
| Slovakia | 0.1 | N/A | N/A | 1.1 | 122.4% |
| Russia | N/A | 0.5 | 0.7 | 1.1 | 48.3% |
| Germany | 2.2 | 3.3 | 2.2 | 0.9 | -25.8% |
| Luxembourg | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
| Czech Republic | 0.6 | 0.5 | 0.9 | 0.5 | -5.9% |
| Ukraine | 0.1 | 0.4 | 0.2 | 0.3 | 44.2% |
| Others | 1.7 | 1.4 | 2.6 | 3.3 | 24.7% |
| Total | 18.9 | 22.6 | 24.5 | 36.4 | 24.4% |
Top Suppliers of Cereal Groats; Meal and Pellets to Poland in 2022:
- Hungary (14.3K tons)
- Lithuania (7.6K tons)
- Austria (7.1K tons)
- France (2.5K tons)
- Italy (2.4K tons)
- Slovakia (1.5K tons)
- Finland (1.3K tons)
- Estonia (1.2K tons)
- Czech Republic (1.0K tons)
- Luxembourg (0.9K tons)
- Russia (0.9K tons)
- Ukraine (0.8K tons)
- Germany (0.8K tons)
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