Price for Cereals; Rye, Other than Seed in Norway - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Norway (CIF) - 2023
- Imports of Cereals; Rye, Other than Seed in Norway
Price for Cereals; Rye, Other than Seed in Norway (CIF) - 2023
In November 2023, the average import price for cereals; rye, other than seeds amounted to $233 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, continues to indicate a drastic downturn. The import price peaked at $1,625 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From November 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +1.7% per month.
Imports of Cereals; Rye, Other than Seed in Norway
In 2022, cereals; rye, other than seed imports into Norway fell rapidly to 3.4K tons, reducing by -64% on the previous year's figure. In general, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 2.8% against the previous year.
In value terms, cereals; rye, other than seed imports fell markedly to $897K in 2022. Overall, imports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 22%.
| Import of Cereals; Rye, Other than Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 299 | 333 | 506 | 876 | 43.1% |
| Sweden | 305 | 197 | 157 | 21.0 | -59.0% |
| Russia | 638 | 386 | 366 | N/A | -24.3% |
| Latvia | 382 | 300 | 369 | N/A | -1.7% |
| Estonia | 145 | 90.0 | 88.0 | N/A | -22.1% |
| Others | 672 | 479 | 690 | 0.3 | -92.4% |
| Total | 2,441 | 1,786 | 2,176 | 897 | -28.4% |
Top Suppliers of Cereals; Rye, Other than Seed to Norway in 2022:
- Poland (3.3K tons)
- Sweden (0.1K tons)
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