Price for Cereals; Rye, Other than Seed in Austria - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Austria (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in Austria (FOB) - 2023
- Imports of Cereals; Rye, Other than Seed in Austria
- Exports of Cereals; Rye, Other than Seed in Austria
Price for Cereals; Rye, Other than Seed in Austria (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $349 per ton, picking up by 53% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, other than seed import price increased by +64.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($356 per ton) and Slovakia ($355 per ton), while the price for the Czech Republic ($342 per ton) and Germany ($344 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Austria (FOB) - 2023
In September 2023, the average export price for cereals; rye, other than seeds amounted to $361 per ton, with an increase of 9.6% against the previous month. Overall, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in November 2022 when the average export price increased by 29% m-o-m. As a result, the export price attained the peak level of $584 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($714 per ton), while the average price for exports to Germany ($264 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Rye, Other than Seed in Austria
In 2022, the amount of cereals; rye, other than seeds imported into Austria contracted slightly to 12K tons, with a decrease of -3.8% on 2021. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 88%.
In value terms, cereals; rye, other than seed imports soared to $4.1M in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 102%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Cereals; Rye, Other than Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 501 | 237 | 1,327 | 1,386 | 40.4% |
| Germany | 1,194 | 283 | 588 | 874 | -9.9% |
| Czech Republic | 806 | 473 | 454 | 862 | 2.3% |
| Hungary | 753 | 377 | 317 | 729 | -1.1% |
| Poland | 4.5 | N/A | 23.9 | 227 | 269.5% |
| Others | 24.2 | 18.3 | 95.7 | 65.0 | 39.0% |
| Total | 3,283 | 1,388 | 2,806 | 4,143 | 8.1% |
Top Suppliers of Cereals; Rye, Other than Seed to Austria in 2022:
- Slovakia (3.9K tons)
- Czech Republic (2.5K tons)
- Germany (2.5K tons)
- Hungary (2.0K tons)
- Poland (0.6K tons)
Exports of Cereals; Rye, Other than Seed in Austria
In 2022, approx. 6.4K tons of cereals; rye, other than seeds were exported from Austria; with a decrease of -70.2% against the previous year. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 175%. As a result, the exports attained the peak of 22K tons, and then contracted rapidly in the following year.
In value terms, cereals; rye, other than seed exports contracted markedly to $2.7M in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 170%. As a result, the exports reached the peak of $5.5M, and then dropped significantly in the following year.
| Export of Cereals; Rye, Other than Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,145 | 481 | 1,907 | 864 | -9.0% |
| Italy | 1,255 | 1,122 | 2,986 | 752 | -15.7% |
| Switzerland | 407 | 199 | 469 | 414 | 0.6% |
| Hungary | 0.6 | 27.3 | 2.1 | 210 | 604.7% |
| Slovenia | 18.4 | 83.5 | N/A | 192 | 118.5% |
| Czech Republic | 59.9 | 75.9 | 116 | 164 | 39.9% |
| Others | 81.3 | 44.6 | 9.3 | 73.6 | -3.3% |
| Total | 2,967 | 2,033 | 5,490 | 2,669 | -3.5% |
Top Export Markets for Cereals; Rye, Other than Seed from Austria in 2022:
- Germany (2183.8 tons)
- Italy (1905.7 tons)
- Switzerland (797.7 tons)
- Hungary (595.4 tons)
- Slovenia (537.8 tons)
- Czech Republic (313.5 tons)
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