Price for Cereal Groats; Meal and Pellets in the Netherlands - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in the Netherlands (CIF) - 2023
- Price for Cereal Groats; Meal and Pellets in the Netherlands (FOB) - 2022
- Imports of Cereal Groats; Meal and Pellets in the Netherlands
- Exports of Cereal Groats; Meal and Pellets in the Netherlands
Price for Cereal Groats; Meal and Pellets in the Netherlands (CIF) - 2023
The average import price for cereal groats; meal and pelletses stood at $547 per ton in June 2023, growing by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in January 2023 an increase of 18% m-o-m. Over the period under review, average import prices reached the peak figure at $559 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a 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 France ($1,140 per ton), while the price for Germany ($409 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 (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in the Netherlands (FOB) - 2022
The average export price for cereal groats; meal and pelletses stood at $382 per ton in 2022, shrinking by -25.4% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal groats; meal and pellets export price decreased by -11.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 61%. The export price peaked at $512 per ton in 2021, and then declined significantly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,432 per ton), while the average price for exports to France ($264 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 Belgium (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats; Meal and Pellets in the Netherlands
In 2022, purchases abroad of cereal groats; meal and pelletses decreased by -40% to 133K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 3.4% against the previous year. As a result, imports reached the peak of 309K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereal groats; meal and pellets imports contracted to $59M in 2022. In general, imports recorded a pronounced decrease. The growth pace was the most rapid in 2020 with an increase of 5.8% against the previous year. As a result, imports reached the peak of $69M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereal Groats; Meal and Pellets in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.3 | 32.1 | 27.7 | 21.1 | -14.1% |
| Belgium | 14.3 | 15.7 | 19.5 | 14.8 | 1.2% |
| France | 9.4 | 10.9 | 7.1 | 11.2 | 6.0% |
| Poland | 1.4 | 2.2 | 2.0 | 5.6 | 58.7% |
| Italy | 1.1 | 2.5 | 2.5 | 2.3 | 27.9% |
| Hungary | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| Others | 5.9 | 5.8 | 2.8 | 1.8 | -32.7% |
| Total | 65.5 | 69.3 | 61.7 | 58.6 | -3.6% |
Top Suppliers of Cereal Groats; Meal and Pellets to the Netherlands in 2022:
- Germany (65.7K tons)
- Belgium (41.1K tons)
- Poland (9.9K tons)
- France (8.4K tons)
- Italy (2.9K tons)
- Hungary (2.6K tons)
Exports of Cereal Groats; Meal and Pellets in the Netherlands
In 2022, approx. 56K tons of cereal groats; meal and pelletses were exported from the Netherlands; with an increase of 113% on the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal groats; meal and pellets exports surged to $21M in 2022. Overall, exports posted a significant increase. 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.3 | 2.7 | 2.2 | 6.3 | 39.9% |
| Ireland | 4.7 | 4.1 | 2.8 | 5.9 | 7.9% |
| Germany | 1.0 | 1.3 | 2.0 | 4.2 | 61.3% |
| France | 0.2 | 0.2 | 1.5 | 1.6 | 100.0% |
| United Kingdom | 0.6 | 2.4 | 0.1 | 0.3 | -20.6% |
| Others | 1.1 | 1.6 | 4.8 | 3.0 | 39.7% |
| Total | 9.8 | 12.3 | 13.3 | 21.2 | 29.3% |
Top Export Markets for Cereal Groats; Meal and Pellets from the Netherlands in 2022:
- Ireland (21.2K tons)
- Germany (14.3K tons)
- Belgium (6.4K tons)
- France (6.1K tons)
- United Kingdom (0.6K tons)
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