Price for Cereals; Rye, Other than Seed in Germany - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Germany (CIF) - 2023
- Price for Cereals; Rye, Other than Seed in Germany (FOB) - 2023
- Imports of Cereals; Rye, Other than Seed in Germany
- Exports of Cereals; Rye, Other than Seed in Germany
Price for Cereals; Rye, Other than Seed in Germany (CIF) - 2023
The average import price for cereals; rye, other than seeds stood at $221 per ton in September 2023, waning by -3.4% against the previous month. Overall, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 4.8% month-to-month. Over the period under review, average import prices attained the peak figure at $315 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($220 per ton), while the price for the Czech Republic stood at $220 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Rye, Other than Seed in Germany (FOB) - 2023
The average export price for cereals; rye, other than seeds stood at $611 per ton in October 2023, jumping by 125% against the previous month. Over the period under review, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($1,260 per ton), while the average price for exports to Israel ($568 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Rye, Other than Seed in Germany
In 2022, overseas purchases of cereals; rye, other than seeds decreased by -54.3% to 339K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 93% against the previous year. As a result, imports reached the peak of 881K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; rye, other than seed imports reduced dramatically to $108M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 76%.
| Import of Cereals; Rye, Other than Seed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 59.5 | 135 | 123 | 92.2 | 15.7% |
| Czech Republic | 2.6 | 4.4 | 14.4 | 4.7 | 21.8% |
| Lithuania | 0.9 | 0.6 | 6.4 | 3.0 | 49.4% |
| Latvia | 9.6 | 4.6 | 7.0 | 2.7 | -34.5% |
| Sweden | 0.8 | N/A | 1.1 | 2.4 | 44.2% |
| Others | 13.0 | 7.7 | 8.9 | 3.4 | -36.0% |
| Total | 86.4 | 152 | 161 | 108 | 7.7% |
Top Suppliers of Cereals; Rye, Other than Seed to Germany in 2022:
- Poland (286.7K tons)
- Czech Republic (16.4K tons)
- Lithuania (9.0K tons)
- Latvia (8.8K tons)
- Sweden (7.3K tons)
Exports of Cereals; Rye, Other than Seed in Germany
In 2022, exports of cereals; rye, other than seeds from Germany contracted to 318K tons, which is down by -13.4% against the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of 368K tons, and then contracted in the following year.
In value terms, cereals; rye, other than seed exports totaled $84M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cereals; Rye, Other than Seed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.7 | 27.8 | 48.9 | 40.8 | 56.2% |
| United States | 26.4 | 10.4 | 12.9 | 24.6 | -2.3% |
| Denmark | 2.8 | 0.1 | 0.1 | 5.0 | 21.3% |
| Italy | 1.1 | 1.2 | 1.5 | 4.0 | 53.8% |
| Japan | 5.7 | 4.6 | 5.0 | 3.5 | -15.0% |
| Belgium | 0.6 | 1.6 | 3.9 | 2.9 | 69.1% |
| Others | 4.8 | 5.1 | 8.1 | 3.1 | -13.6% |
| Total | 52.1 | 50.8 | 80.3 | 83.9 | 17.2% |
Top Export Markets for Cereals; Rye, Other than Seed from Germany in 2022:
- Netherlands (149.1K tons)
- United States (115.0K tons)
- Denmark (16.5K tons)
- Italy (12.1K tons)
- Belgium (9.2K tons)
- Japan (7.8K tons)
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Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
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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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In 2015, the countries with the highest levels of rye production were Germany (X thousand tons), Russia (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
