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

Contents:

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

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

The average import price for cereals; millet, other than seeds stood at $389 per ton in October 2023, falling by -39.9% against the previous month. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 61% against the previous month. Over the period under review, average import prices attained the maximum at $1,139 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($444 per ton), while the price for Russia amounted to $290 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In October 2023, the average export price for cereals; millet, other than seeds amounted to $1,548 per ton, picking up by 51% against the previous month. Overall, the export price posted a measured increase. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 70% month-to-month. As a result, the export price attained the peak level of $1,919 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($5,459 per ton), while the average price for exports to the UK totaled $1,348 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Millet, Other than Seed in the Netherlands

In 2022, purchases abroad of cereals; millet, other than seeds decreased by -32% to 8.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 42%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereals; millet, other than seed imports declined significantly to $5.4M in 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 31%. As a result, imports attained the peak of $9.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cereals; Millet, Other than Seed in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,6831,9612,0611,8122.5%
China1,187828663846-10.7%
Belgium5381,0051,0336717.6%
Ukraine1,1251,638992648-16.8%
Poland23092186.850730.1%
Germany1413133431828.9%
Russia42339930.1160-27.7%
Czech Republic76.796.112413019.2%
Others2,0862,6852,262429-41.0%
Total7,4919,8477,5955,385-10.4%

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

  1. France (3572.9 tons)
  2. Ukraine (1508.4 tons)
  3. China (728.6 tons)
  4. Poland (723.0 tons)
  5. Belgium (481.2 tons)
  6. Russia (394.4 tons)
  7. Germany (144.4 tons)
  8. Czech Republic (142.0 tons)

Exports of Cereals; Millet, Other than Seed in the Netherlands

For the third year in a row, the Netherlands recorded decline in shipments abroad of cereals; millet, other than seeds, which decreased by -31.7% to 3.8K tons in 2022. Overall, exports continue to indicate a sharp decline. The smallest decline of -5.4% was in 2020.

In value terms, cereals; millet, other than seed exports contracted rapidly to $4M in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 5.3% against the previous year. As a result, the exports attained the peak of $6.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cereals; Millet, Other than Seed in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,2951,7182,2302,3590.9%
France1,0692,130516419-26.8%
Germany1,5921,6231,283381-37.9%
Spain290347106183-14.2%
Portugal10559.576.388.1-5.7%
Others950755833593-14.5%
Total6,3006,6325,0454,024-13.9%

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

  1. Belgium (2617.6 tons)
  2. France (342.1 tons)
  3. Germany (241.0 tons)
  4. Portugal (147.8 tons)
  5. Spain (133.4 tons)

Source: IndexBox Market Intelligence Platform

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