Price for Cereals; Millet, Other than Seed in Poland - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in Poland (FOB) - 2023
  2. Price for Cereals; Millet, Other than Seed in Poland (CIF) - 2023
  3. Exports of Cereals; Millet, Other than Seed in Poland
  4. Imports of Cereals; Millet, Other than Seed in Poland

Price for Cereals; Millet, Other than Seed in Poland (FOB) - 2023

In October 2023, the average export price for cereals; millet, other than seeds amounted to $821 per ton, with an increase of 44% against the previous month. Over the last twelve months, it increased at an average monthly rate of +5.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Switzerland ($18,631 per ton), while the average price for exports to Norway totaled $16,581 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereals; Millet, Other than Seed in Poland (CIF) - 2023

In October 2023, the average import price for cereals; millet, other than seeds amounted to $306 per ton, declining by -9.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 26% m-o-m. As a result, import price attained the peak level of $513 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Ukraine ($311 per ton), while the price for Russia amounted to $253 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-0.2%).

Exports of Cereals; Millet, Other than Seed in Poland

In 2022, the amount of cereals; millet, other than seeds exported from Poland soared to 9.9K tons, rising by 284% against 2021. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed exports surged to $4.9M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Millet, Other than Seed in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8219639141,71427.8%
Hungary13864.951.51,05697.1%
Belgium29219913975337.1%
Netherlands18256211.154243.9%
Czech Republic38.199.735.525287.7%
Greece24.040.833.988.854.7%
Saudi ArabiaN/AN/AN/A74.30%
Others3214871514108.5%
Total1,8162,4161,3364,88939.1%

Top Export Markets for Cereals; Millet, Other than Seed from Poland in 2022:

  1. Germany (3.6K tons)
  2. Hungary (2.1K tons)
  3. Belgium (1.5K tons)
  4. Netherlands (1.1K tons)
  5. Czech Republic (0.6K tons)
  6. Saudi Arabia (0.2K tons)
  7. Greece (0.2K tons)

Imports of Cereals; Millet, Other than Seed in Poland

In 2022, the amount of cereals; millet, other than seeds imported into Poland fell remarkably to 9.1K tons, dropping by -28.7% on 2021. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of 13K tons, and then declined dramatically in the following year.

In value terms, cereals; millet, other than seed imports fell remarkably to $3.5M in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of $4.6M, and then dropped remarkably in the following year.

Import of Cereals; Millet, Other than Seed in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3,1272,4823,9532,854-3.0%
Czech Republic25.320.646.7249114.3%
KazakhstanN/A138113102-14.0%
Russia93911512742.8-64.3%
Others2373203332542.3%
Total4,3293,0764,5733,503-6.8%

Top Suppliers of Cereals; Millet, Other than Seed to Poland in 2022:

  1. Ukraine (8.1K tons)
  2. Czech Republic (0.4K tons)
  3. Kazakhstan (0.2K tons)
  4. Russia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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