Price for Cereal Groats; Meal and Pellets in Slovenia - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Slovenia (CIF) - 2023
- Price for Cereal Groats; Meal and Pellets in Slovenia (FOB) - 2023
- Imports of Cereal Groats; Meal and Pellets in Slovenia
- Exports of Cereal Groats; Meal and Pellets in Slovenia
Price for Cereal Groats; Meal and Pellets in Slovenia (CIF) - 2023
In September 2023, the average import price for cereal groats; meal and pelletses amounted to $629 per ton, rising by 14% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices reached the peak figure at $830 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Serbia ($598 per ton), while the price for Ukraine totaled $431 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Serbia (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Groats; Meal and Pellets in Slovenia (FOB) - 2023
The average export price for cereal groats; meal and pelletses stood at $1,349 per ton in September 2023, picking up by 15% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($1,565 per ton), while the average price for exports to Serbia ($963 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats; Meal and Pellets in Slovenia
In 2022, supplies from abroad of cereal groats; meal and pelletses decreased by -4.2% to 12K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereal groats; meal and pellets imports skyrocketed to $8.9M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.1% 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 Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.3 | 3.0 | 3.7 | 3.7 | 17.2% |
| Hungary | 1.6 | 1.3 | 0.9 | 2.2 | 11.2% |
| Austria | 0.8 | 0.9 | 1.2 | 2.1 | 37.9% |
| Serbia | 0.4 | 0.7 | 0.4 | 0.6 | 14.5% |
| Croatia | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Others | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Total | 5.6 | 6.7 | 6.6 | 8.9 | 16.7% |
Top Suppliers of Cereal Groats; Meal and Pellets to Slovenia in 2022:
- Italy (4.5K tons)
- Hungary (3.1K tons)
- Austria (2.7K tons)
- Serbia (1.2K tons)
- Croatia (0.4K tons)
Exports of Cereal Groats; Meal and Pellets in Slovenia
In 2022, overseas shipments of cereal groats; meal and pelletses decreased by -16.5% to 1.5K tons, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, the exports reached the peak of 3.3K 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 shrank to $1.4M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 45%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereal Groats; Meal and Pellets in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 753 | 730 | 856 | 749 | -0.2% |
| Bosnia and Herzegovina | 250 | 318 | 259 | 274 | 3.1% |
| Germany | N/A | 28.6 | 154 | 144 | 124.4% |
| North Macedonia | 60.6 | 83.9 | 66.8 | 92.8 | 15.3% |
| Serbia | 8.7 | 32.5 | 29.0 | 75.9 | 105.9% |
| Italy | 68.1 | 408 | 44.0 | 6.2 | -55.0% |
| Others | 54.7 | 136 | 139 | 43.6 | -7.3% |
| Total | 1,195 | 1,737 | 1,548 | 1,386 | 5.1% |
Top Export Markets for Cereal Groats; Meal and Pellets from Slovenia in 2022:
- Croatia (927.6 tons)
- Bosnia and Herzegovina (259.8 tons)
- Serbia (142.8 tons)
- Germany (76.5 tons)
- North Macedonia (76.2 tons)
- Italy (9.9 tons)
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