Price for Cereals; Oats, Other than Seed in China - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in China (CIF) - 2024
- Price for Cereals; Oats, Other than Seed in China (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in China
- Exports of Cereals; Oats, Other than Seed in China
Price for Cereals; Oats, Other than Seed in China (CIF) - 2024
In September 2023, the average import price for cereals; oats, other than seeds amounted to $295 per ton, growing by 63% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $328 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($360 per ton), while the price for Russia stood at $196 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.9%).
Price for Cereals; Oats, Other than Seed in China (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $1,245 per ton, rising by 14% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 112%. The export price peaked in 2022 and is likely to see steady growth in the near future.
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 Macao SAR ($2,483 per ton), while the average price for exports to Thailand ($770 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 Vietnam (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in China
In 2022, imports of cereals; oats, other than seeds into China soared to 395K tons, increasing by 32% compared with the year before. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cereals; oats, other than seed imports surged to $119M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 40%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Cereals; Oats, Other than Seed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 58.1 | 55.2 | 73.7 | 91.6 | 16.4% |
| Russia | 6.5 | 7.9 | 14.6 | 27.1 | 60.9% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 64.6 | 63.1 | 88.3 | 119 | 22.6% |
Top Suppliers of Cereals; Oats, Other than Seed to China in 2022:
- Australia (280.4K tons)
- Russia (114.7K tons)
Exports of Cereals; Oats, Other than Seed in China
In 2022, the amount of cereals; oats, other than seeds exported from China fell rapidly to 59 tons, waning by -33.6% on the previous year. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports attained the peak of 89 tons, and then declined sharply in the following year.
In value terms, cereals; oats, other than seed exports reduced notably to $74K in 2022. Over the period under review, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports reached the peak of $97K, and then dropped markedly in the following year.
| Export of Cereals; Oats, Other than Seed in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 12.6 | 3.3 | 19.0 | 24.2 | 24.3% |
| Thailand | 0.3 | N/A | 21.1 | 20.0 | 305.5% |
| Hong Kong SAR | 27.1 | 23.4 | 20.1 | 16.1 | -15.9% |
| United States | 2.7 | 4.7 | 5.1 | 5.4 | 26.0% |
| Malaysia | 7.9 | 3.4 | 8.7 | 2.4 | -32.8% |
| Macao SAR | N/A | 1.7 | 6.3 | 2.2 | 13.8% |
| Bangladesh | N/A | 1.5 | N/A | 1.2 | -10.6% |
| South Korea | 24.5 | 12.6 | N/A | N/A | -48.6% |
| Vietnam | 4.5 | 15.4 | 13.6 | N/A | 73.8% |
| Others | N/A | N/A | 3.3 | 2.3 | -30.3% |
| Total | 79.8 | 65.8 | 97.2 | 73.9 | -2.5% |
Top Export Markets for Cereals; Oats, Other than Seed from China in 2022:
- Thailand (26.0 tons)
- Panama (12.7 tons)
- Hong Kong SAR (11.2 tons)
- United States (3.5 tons)
- Malaysia (2.4 tons)
- Bangladesh (1.5 tons)
- Macao SAR (0.9 tons)
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Oat imports in June 2023 witnessed a significant drop, reaching a value of $11M.
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Discover the world's best import markets for oats and gain insights into their key statistics and consumer preferences. The United States, Germany, China, Netherlands, and Belgium are leading importers, driven by health consciousness and sustainability concerns.
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The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products.
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In 2017, the volume of the global oats consumption stood at approx. X tons, not moving far from the 2016 figure.
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Global oat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the countries with the highest levels of oat production were Russia (X thousand tons), Canada (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
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In 2014, the oat market decreased again to X thousand tons (-X% Y-o-Y).
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Canada seized control of the global oat market. In 2014, Canada exported X thousand tons of oats totaling X million USD, a robust X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total oat expor
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Canada continued its dominant position in the global oat trade, combining with Finland to corral a X share of total global exports. Canada's primary trading partner in 2014 was the United States. X% of its total oat exports was sent to the U.S.,
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