Price for Cereals; Oats, Other than Seed in Germany - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Germany (CIF) - 2023
- Price for Cereals; Oats, Other than Seed in Germany (FOB) - 2023
- Imports of Cereals; Oats, Other than Seed in Germany
- Exports of Cereals; Oats, Other than Seed in Germany
Price for Cereals; Oats, Other than Seed in Germany (CIF) - 2023
In August 2023, the average import price for cereals; oats, other than seeds amounted to $364 per ton, falling by -4.5% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 an increase of 14% month-to-month. The import price peaked at $411 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From December 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +3.7% per month.
Price for Cereals; Oats, Other than Seed in Germany (FOB) - 2023
The average export price for cereals; oats, other than seeds stood at $317 per ton in August 2023, reducing by -2.8% against the previous month. Over the period under review, the export price showed a slight decrease. The pace of growth was the most pronounced in April 2023 an increase of 5.5% against the previous month. As a result, the export price attained the peak level of $379 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From December 2022 to August 2023, the rate of growth in terms of prices for the Czech Republic amounted to +10.8% per month.
Imports of Cereals; Oats, Other than Seed in Germany
In 2022, purchases abroad of cereals; oats, other than seeds decreased by -18.1% to 473K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year. As a result, imports attained the peak of 605K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; oats, other than seed imports declined to $138M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 22%.
| Import of Cereals; Oats, Other than Seed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 54.2 | 59.6 | 65.3 | 45.2 | -5.9% |
| Sweden | 15.0 | 10.0 | 13.0 | 20.4 | 10.8% |
| Poland | 11.5 | 16.6 | 19.6 | 14.1 | 7.0% |
| United Kingdom | 2.6 | 2.3 | 1.3 | 14.1 | 75.7% |
| Czech Republic | 7.2 | 5.6 | 8.2 | 12.5 | 20.2% |
| Denmark | 2.0 | 14.5 | 15.2 | 11.9 | 81.2% |
| Ireland | 2.3 | 3.5 | N/A | 5.4 | 32.9% |
| Lithuania | 7.7 | 13.1 | 11.6 | 4.3 | -17.7% |
| Others | 15.2 | 18.9 | 14.0 | 9.9 | -13.3% |
| Total | 118 | 144 | 148 | 138 | 5.4% |
Top Suppliers of Cereals; Oats, Other than Seed to Germany in 2022:
- Finland (166.5K tons)
- Sweden (76.8K tons)
- Poland (45.4K tons)
- United Kingdom (43.2K tons)
- Czech Republic (42.3K tons)
- Denmark (37.9K tons)
- Ireland (15.4K tons)
- Lithuania (12.5K tons)
Exports of Cereals; Oats, Other than Seed in Germany
In 2022, approx. 51K tons of cereals; oats, other than seeds were exported from Germany; standing approx. at the previous year's figure. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, cereals; oats, other than seed exports skyrocketed to $17M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Oats, Other than Seed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 1.4 | 4.9 | 6.9 | 46.4% |
| Switzerland | 4.8 | 4.4 | 5.4 | 6.5 | 10.6% |
| Austria | 1.1 | 1.1 | 1.3 | 1.6 | 13.3% |
| Italy | 0.3 | 0.4 | 0.8 | 1.1 | 54.2% |
| Poland | 0.2 | 0.2 | 0.3 | 0.8 | 58.7% |
| Denmark | 3.1 | 2.1 | 0.1 | 0.1 | -68.2% |
| Belgium | N/A | 0.8 | 0.3 | 0.1 | -64.6% |
| Others | 0.3 | 1.2 | 0.1 | 0.2 | -12.6% |
| Total | 12.0 | 11.4 | 13.3 | 17.4 | 13.2% |
Top Export Markets for Cereals; Oats, Other than Seed from Germany in 2022:
- Netherlands (21.8K tons)
- Switzerland (17.8K tons)
- Austria (4.7K tons)
- Italy (3.4K tons)
- Poland (2.9K tons)
- Belgium (0.3K tons)
- Denmark (0.2K tons)
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