Price for Cereals; Grain Sorghum, Other than Seed in Austria - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Austria (FOB) - 2023
  2. Exports of Cereals; Grain Sorghum, Other than Seed in Austria

Price for Cereals; Grain Sorghum, Other than Seed in Austria (FOB) - 2023

In July 2023, the average export price for cereals; grain sorghum, other than seeds amounted to $386 per ton, reducing by -6.9% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 6% m-o-m. Over the period under review, the average export prices attained the maximum at $415 per ton in June 2023, and then reduced in the following month.

As there is only one major export destination, the average price level is determined by prices for Germany.

From October 2022 to July 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.0% per month.

Exports of Cereals; Grain Sorghum, Other than Seed in Austria

In 2022, the amount of cereals; grain sorghum, other than seeds exported from Austria contracted modestly to 6.4K tons, which is down by -3.8% on 2021 figures. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, the exports attained the peak of 6.6K tons, and then reduced in the following year.

In value terms, exports of cereals; grain sorghum, other than seeds soared to $2M in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 90%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cereals; Grain Sorghum, Other than Seed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8307441,3961,55123.2%
Italy11615431439650.6%
NetherlandsN/AN/AN/A54.00%
Others28.30.5N/AN/A-98.2%
Total9748981,7092,00127.1%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Austria in 2022:

  1. Germany (5.1K tons)
  2. Italy (1.1K tons)
  3. Netherlands (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; grain sorghum, other than seed - Austria