Price for Cereals; Oats, Other than Seed in Spain - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Spain (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Spain (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Spain
- Exports of Cereals; Oats, Other than Seed in Spain
Price for Cereals; Oats, Other than Seed in Spain (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $357 per ton in 2022, increasing by 35% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $392 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($463 per ton), while the price for Finland ($274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Spain (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $493 per ton in 2022, surging by 47% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed export price increased by +103.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,776 per ton), while the average price for exports to Italy ($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 Poland (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Spain
In 2022, imports of cereals; oats, other than seeds into Spain rose to 130K tons, increasing by 3.6% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.6%.
In value terms, cereals; oats, other than seed imports soared to $46M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.6 | 5.3 | 12.1 | 16.9 | 86.6% |
| United Kingdom | 5.3 | 4.8 | N/A | 13.4 | 36.2% |
| France | 7.7 | 5.1 | 2.0 | 4.7 | -15.2% |
| Latvia | 2.3 | 1.6 | 7.6 | 3.4 | 13.9% |
| Finland | 5.9 | 3.3 | 6.6 | 2.6 | -23.9% |
| Estonia | 1.1 | 0.9 | 1.2 | 2.4 | 29.7% |
| Russia | N/A | N/A | N/A | 1.6 | 0% |
| Poland | 1.0 | 0.5 | 2.3 | 0.7 | -11.2% |
| Lithuania | 4.6 | 4.2 | N/A | N/A | -8.7% |
| Others | 1.2 | 3.0 | 1.4 | 0.6 | -20.6% |
| Total | 31.7 | 28.8 | 33.1 | 46.3 | 13.5% |
Top Suppliers of Cereals; Oats, Other than Seed to Spain in 2022:
- Sweden (43.9K tons)
- United Kingdom (38.0K tons)
- France (14.1K tons)
- Latvia (11.5K tons)
- Finland (9.5K tons)
- Estonia (5.2K tons)
- Russia (5.1K tons)
- Poland (1.7K tons)
Exports of Cereals; Oats, Other than Seed in Spain
In 2022, overseas shipments of cereals; oats, other than seeds decreased by -46.9% to 19K tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports attained the peak of 41K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; oats, other than seed exports dropped markedly to $9.5M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 33%.
| Export of Cereals; Oats, Other than Seed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 2.0 | 3.2 | 3.2 | 4.5 | 31.0% |
| Sweden | 0.9 | N/A | 2.4 | 3.9 | 63.0% |
| Algeria | 0.2 | 4.1 | 3.7 | 0.3 | 14.5% |
| Morocco | N/A | 0.1 | N/A | 0.3 | 73.2% |
| France | 1.1 | 0.7 | 0.6 | 0.2 | -43.3% |
| Belgium | 1.7 | N/A | N/A | N/A | 0% |
| Poland | 0.5 | N/A | N/A | N/A | 0% |
| Italy | N/A | 1.7 | 1.5 | N/A | -11.8% |
| Others | 1.1 | 0.1 | 0.8 | 0.3 | -35.2% |
| Total | 7.4 | 9.9 | 12.2 | 9.5 | 8.7% |
Top Export Markets for Cereals; Oats, Other than Seed from Spain in 2022:
- Portugal (10.6K tons)
- Sweden (6.2K tons)
- Morocco (1.1K tons)
- Algeria (0.5K tons)
- France (0.5K tons)
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