Price for Cereals; Oats, Other than Seed in Greece - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Greece (CIF) - 2023
- Price for Cereals; Oats, Other than Seed in Greece (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Greece
- Exports of Cereals; Oats, Other than Seed in Greece
Price for Cereals; Oats, Other than Seed in Greece (CIF) - 2023
In August 2023, the average import price for cereals; oats, other than seeds amounted to $255 per ton, falling by -10.7% against the previous month. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in May 2023 an increase of 270% month-to-month. As a result, import price attained the peak level of $6,629 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Bulgaria.
From December 2022 to August 2023, the rate of growth in terms of prices for Bulgaria amounted to -6.7% per month.
Price for Cereals; Oats, Other than Seed in Greece (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $1,079 per ton in 2022, with an increase of 54% against the previous year. In general, the export price saw buoyant growth. The growth pace was the most rapid in 2013 an increase of 688% against the previous year. As a result, the export price attained the peak level of $3,041 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($1,362 per ton), while the average price for exports to Cyprus amounted to $837 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Greece
In 2022, imports of cereals; oats, other than seeds into Greece declined rapidly to 9.8K tons, reducing by -31.7% against the year before. Over the period under review, imports saw a mild decline. The pace of growth was the most pronounced in 2021 when imports increased by 51%. As a result, imports attained the peak of 14K tons, and then declined markedly in the following year.
In value terms, cereals; oats, other than seed imports contracted to $3.9M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 100%. As a result, imports attained the peak of $4.3M, and then reduced in the following year.
| Import of Cereals; Oats, Other than Seed in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.4 | 1.3 | 0.5 | 1.9 | 10.7% |
| Bulgaria | 0.8 | 0.9 | 2.0 | 1.9 | 33.4% |
| Spain | N/A | N/A | 1.1 | N/A | 0% |
| Croatia | N/A | N/A | 0.5 | N/A | 0% |
| Others | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Total | 2.3 | 2.2 | 4.3 | 3.9 | 19.2% |
Top Suppliers of Cereals; Oats, Other than Seed to Greece in 2022:
- Bulgaria (5.1K tons)
- Italy (4.6K tons)
Exports of Cereals; Oats, Other than Seed in Greece
In 2022, cereals; oats, other than seed exports from Greece fell dramatically to 2.9 tons, with a decrease of -98.9% on the previous year. Overall, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1,654% against the previous year. As a result, the exports reached the peak of 259 tons, and then dropped rapidly in the following year.
In value terms, cereals; oats, other than seed exports dropped markedly to $3.1K in 2022. Over the period under review, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,157%. As a result, the exports attained the peak of $181K, and then shrank dramatically in the following year.
| Export of Cereals; Oats, Other than Seed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 1.8 | 1.8 | 64.2 | 1.8 | 0.0% |
| Cyprus | 11.4 | 4.5 | 117 | 1.3 | -51.5% |
| Romania | N/A | 1.6 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 13.1 | 8.0 | 181 | 3.1 | -38.1% |
Top Export Markets for Cereals; Oats, Other than Seed from Greece in 2022:
- Cyprus (1.6 tons)
- Bulgaria (1.3 tons)
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