Price for Cereals; Grain Sorghum, Other than Seed in Slovakia - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Slovakia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Slovakia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Slovakia
- Imports of Cereals; Grain Sorghum, Other than Seed in Slovakia
Price for Cereals; Grain Sorghum, Other than Seed in Slovakia (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $296 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32%. The export price peaked at $353 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Austria ($362 per ton) and Italy ($349 per ton), while the average price for exports to Poland ($264 per ton) and Hungary ($286 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+190.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Other than Seed in Slovakia (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $307 per ton, declining by -7.4% against the previous year. Overall, the import price recorded a precipitous decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 262% against the previous year. The import price peaked at $5,293 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Hungary.
From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to -20.4% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Slovakia
For the fourth consecutive year, Slovakia recorded growth in overseas shipments of cereals; grain sorghum, other than seeds, which increased by 114% to 4.2K tons in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of cereals; grain sorghum, other than seeds soared to $1.3M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 103 | 22.1 | 270 | 623 | 82.2% |
| Italy | N/A | N/A | 33.7 | 207 | 514.2% |
| Austria | N/A | 7.3 | N/A | 201 | 424.7% |
| Germany | 12.6 | 157 | 185 | 119 | 111.4% |
| Hungary | N/A | N/A | N/A | 79.5 | 0% |
| Czech Republic | 0.5 | 7.1 | N/A | 26.2 | 274.2% |
| Netherlands | N/A | 56.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 117 | 249 | 489 | 1,256 | 120.6% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Slovakia in 2022:
- Poland (2360.8 tons)
- Italy (593.0 tons)
- Austria (554.0 tons)
- Germany (381.0 tons)
- Hungary (278.0 tons)
- Czech Republic (82.5 tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Slovakia
After two years of decline, supplies from abroad of cereals; grain sorghum, other than seeds increased by 1,053% to 311 tons in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds soared to $95K in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 32.7 | 31.1 | N/A | 94.7 | 42.5% |
| Czech Republic | 4.8 | 13.2 | 1.4 | 0.6 | -50.0% |
| Germany | N/A | N/A | 7.6 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 37.5 | 44.3 | 8.9 | 95.5 | 36.6% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Slovakia in 2022:
- Hungary (310.3 tons)
- Czech Republic (0.2 tons)
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