Price for Cereals; Rye, Other than Seed in France - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in France (FOB) - 2023
- Price for Cereals; Rye, Other than Seed in France (CIF) - 2022
- Exports of Cereals; Rye, Other than Seed in France
- Imports of Cereals; Rye, Other than Seed in France
Price for Cereals; Rye, Other than Seed in France (FOB) - 2023
The average export price for cereals; rye, other than seeds stood at $499 per ton in October 2023, growing by 101% against the previous month. Over the period under review, export price indicated moderate growth from October 2022 to October 2023: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, cereals; rye, other than seed export price increased by +109.2% against August 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.9% per month.
Price for Cereals; Rye, Other than Seed in France (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $314 per ton, reducing by -22.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63%. As a result, import price reached the peak level of $423 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,164 per ton), while the price for Belgium ($192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Rye, Other than Seed in France
Cereals; rye, other than seed exports from France surged to 25K tons in 2022, increasing by 144% compared with the previous year's figure. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; rye, other than seed exports surged to $7.3M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Rye, Other than Seed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,361 | 1,458 | 1,292 | 3,240 | 33.5% |
| Spain | 87.7 | 539 | 698 | 1,927 | 180.1% |
| Belgium | 157 | 411 | 195 | 1,340 | 104.4% |
| Italy | 81.7 | 151 | 216 | 530 | 86.5% |
| Germany | 62.1 | 64.3 | 26.6 | 174 | 41.0% |
| Others | 15.1 | 0.5 | 47.1 | 63.6 | 61.5% |
| Total | 1,765 | 2,623 | 2,475 | 7,275 | 60.3% |
Top Export Markets for Cereals; Rye, Other than Seed from France in 2022:
- Netherlands (10.8K tons)
- Spain (6.8K tons)
- Belgium (4.7K tons)
- Italy (1.8K tons)
- Germany (0.8K tons)
Imports of Cereals; Rye, Other than Seed in France
After two years of decline, purchases abroad of cereals; rye, other than seeds increased by 36% to 755 tons in 2022. Over the period under review, imports, however, showed a sharp reduction.
In value terms, cereals; rye, other than seed imports reached $237K in 2022. In general, imports, however, showed a dramatic downturn.
| Import of Cereals; Rye, Other than Seed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 636 | 470 | 164 | 90.2 | -47.9% |
| Italy | 88.6 | 69.0 | 32.1 | 72.9 | -6.3% |
| Belgium | 9.9 | 0.1 | 0.1 | 35.6 | 53.2% |
| United Kingdom | N/A | 0.1 | 0.1 | 27.9 | 1570.3% |
| Spain | 2.2 | N/A | 17.7 | 9.5 | 62.8% |
| Others | N/A | 4.5 | 11.7 | 1.0 | -52.9% |
| Total | 736 | 544 | 225 | 237 | -31.5% |
Top Suppliers of Cereals; Rye, Other than Seed to France in 2022:
- Germany (368.9 tons)
- Belgium (185.3 tons)
- Italy (152.1 tons)
- United Kingdom (24.0 tons)
- Spain (23.8 tons)
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In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
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