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

Contents:

1. Price for Cereal Groats; Meal and Pellets in Sweden (CIF) - 2023
2. Price for Cereal Groats; Meal and Pellets in Sweden (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Sweden
4. Exports of Cereal Groats; Meal and Pellets in Sweden

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

The average import price for cereal groats; meal and pelletses stood at $1,090 per ton in June 2023, falling by -7.4% against the previous month. In general, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. 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 decreased by -12.1% against January 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 148% month-to-month. Over the period under review, average import prices reached the peak figure at $1,241 per ton in January 2023; however, from February 2023 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 Lebanon ($1,307 per ton), while the price for France ($767 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 (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Sweden (FOB) - 2022

In 2022, the average export price for cereal groats; meal and pelletses amounted to $328 per ton, growing by 18% against the previous year. Overall, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 an increase of 127%. As a result, the export price attained the peak level of $507 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($2,174 per ton), while the average price for exports to Ireland ($269 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 Denmark (+17.8%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Groats; Meal and Pellets in Sweden

In 2022, the amount of cereal groats; meal and pelletses imported into Sweden skyrocketed to 10K tons, increasing by 129% against the previous year. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereal groats; meal and pellets imports soared to $8.3M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Denmark (6.2K tons)
2. Italy (1.5K tons)
3. Germany (1.2K tons)
4. Finland (1.1K tons)
5. Lebanon (0.1K tons)

Exports of Cereal Groats; Meal and Pellets in Sweden

In 2022, approx. 7K tons of cereal groats; meal and pelletses were exported from Sweden; shrinking by -27.1% against the year before. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 280% against the previous year. As a result, the exports reached the peak of 9.5K tons, and then shrank dramatically in the following year.

In value terms, cereal groats; meal and pellets exports contracted to $2.3M in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 109%. As a result, the exports attained the peak of $2.7M, and then reduced in the following year.

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

1. Denmark (undefinedK tons)
2. United Kingdom (undefinedK tons)
3. Ireland (6.5K tons)
4. Norway (0.2K tons)
5. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform