Price for Cereals; Oats, Other than Seed in Japan - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Japan (CIF) - 2023
- Price for Cereals; Oats, Other than Seed in Japan (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Japan
- Exports of Cereals; Oats, Other than Seed in Japan
Price for Cereals; Oats, Other than Seed in Japan (CIF) - 2023
In July 2023, the average import price for cereals; oats, other than seeds amounted to $466 per ton, which is down by -1.9% against the previous month. Over the period under review, the import price saw a mild reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 17% month-to-month. The import price peaked at $526 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Canada ($467 per ton), while the price for Australia stood at $462 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (-0.4%).
Price for Cereals; Oats, Other than Seed in Japan (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $6,032 per ton in 2022, rising by 49% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 55% against the previous year. As a result, the export price reached the peak level of $7,494 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($43,500 per ton), while the average price for exports to Cambodia ($5,586 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 Netherlands (+190.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Japan
In 2022, imports of cereals; oats, other than seeds into Japan expanded modestly to 43K tons, increasing by 3.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports soared to $20M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.6 | 1.9 | 2.6 | 13.7 | 74.0% |
| Canada | 12.3 | 13.5 | 13.3 | 6.2 | -20.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.9 | 15.4 | 15.9 | 20.0 | 10.3% |
Top Suppliers of Cereals; Oats, Other than Seed to Japan in 2022:
- Australia (31.0K tons)
- Canada (11.5K tons)
Exports of Cereals; Oats, Other than Seed in Japan
After three years of growth, shipments abroad of cereals; oats, other than seeds decreased by -71.3% to 16 tons in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 394,838% against the previous year.
In value terms, cereals; oats, other than seed exports reduced rapidly to $94K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 361,576%.
| Export of Cereals; Oats, Other than Seed in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 104 | 193 | 88.5 | -7.8% |
| Cambodia | N/A | N/A | N/A | 4.7 | 0% |
| Vietnam | N/A | 15.5 | 25.6 | N/A | 65.2% |
| Others | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Total | N/A | 119 | 219 | 93.8 | -11.2% |
Top Export Markets for Cereals; Oats, Other than Seed from Japan in 2022:
- Malaysia (14.7 tons)
- Cambodia (0.8 tons)
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