Price for Cereals; Oats, Other than Seed in Australia - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in Australia (FOB) - 2022
- Price for Cereals; Oats, Other than Seed in Australia (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in Australia
- Imports of Cereals; Oats, Other than Seed in Australia
Price for Cereals; Oats, Other than Seed in Australia (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $301 per ton in 2022, with an increase of 4.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 35%. As a result, the export price reached the peak level of $406 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($416 per ton), while the average price for exports to Malaysia ($265 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 the Philippines (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Australia (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $4,436 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a buoyant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 813%. As a result, import price reached the peak level of $23,731 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,501 per ton), while the price for India amounted to $4,135 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+40.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Oats, Other than Seed in Australia
In 2022, exports of cereals; oats, other than seeds from Australia soared to 584K tons, increasing by 46% compared with the previous year. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,239%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cereals; oats, other than seed exports skyrocketed to $176M in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 941% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cereals; Oats, Other than Seed in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 27.6 | 71.1 | 79.6 | 69.8% |
| Mexico | N/A | N/A | N/A | 37.2 | 0% |
| India | 1.1 | 7.4 | 12.4 | 17.8 | 152.9% |
| United Arab Emirates | 0.1 | N/A | 8.3 | 12.6 | 401.3% |
| Japan | 0.2 | 0.2 | 3.3 | 11.9 | 290.4% |
| Malaysia | N/A | 2.6 | 8.6 | 6.4 | 56.9% |
| Sri Lanka | N/A | 0.3 | 2.1 | 3.1 | 221.5% |
| Philippines | 1.6 | 1.6 | 2.8 | 2.6 | 17.6% |
| South Africa | N/A | N/A | 4.5 | N/A | 0% |
| Others | 0.7 | 0.5 | 1.4 | 4.4 | 84.6% |
| Total | 3.9 | 40.3 | 115 | 176 | 256.0% |
Top Export Markets for Cereals; Oats, Other than Seed from Australia in 2022:
- China (270.4K tons)
- Mexico (132.7K tons)
- India (51.4K tons)
- United Arab Emirates (43.5K tons)
- Japan (30.8K tons)
- Malaysia (24.3K tons)
- Sri Lanka (11.5K tons)
- Philippines (6.2K tons)
Imports of Cereals; Oats, Other than Seed in Australia
In 2022, cereals; oats, other than seed imports into Australia surged to 3.3 tons, picking up by 26% on 2021 figures. In general, imports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 807% against the previous year. As a result, imports reached the peak of 99 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; oats, other than seed imports skyrocketed to $15K in 2022. Over the period under review, imports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 267%. As a result, imports reached the peak of $110K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Oats, Other than Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.0 | 6.7 | 6.5 | 12.2 | -8.6% |
| India | 2.7 | N/A | 2.5 | 2.4 | -3.9% |
| Namibia | 8.3 | 75.3 | 2.5 | N/A | -45.1% |
| Others | 3.0 | 28.4 | N/A | N/A | 846.7% |
| Total | 30.0 | 110 | 11.6 | 14.6 | -21.3% |
Top Suppliers of Cereals; Oats, Other than Seed to Australia in 2022:
- China (2.7 tons)
- India (0.6 tons)
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