Price for Cereals; Rye, Other than Seed in Romania - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Romania (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in Romania (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in Romania
- Exports of Cereals; Rye, Other than Seed in Romania
Price for Cereals; Rye, Other than Seed in Romania (CIF) - 2022
The average import price for cereals; rye, other than seeds stood at $268 per ton in 2022, falling by -19.7% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2021 an increase of 74% against the previous year. Over the period under review, average import prices attained the peak figure at $548 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 Poland ($1,034 per ton), while the price for Hungary ($247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Romania (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $372 per ton, declining by -39.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 217% against the previous year. As a result, the export price reached the peak level of $1,397 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.6% per year.
Imports of Cereals; Rye, Other than Seed in Romania
In 2022, imports of cereals; rye, other than seeds into Romania skyrocketed to 3.2K tons, jumping by 172% against the previous year. Over the period under review, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; rye, other than seed imports soared to $870K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Rye, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 363 | 574 | 346 | 586 | 17.3% |
| Moldova | N/A | N/A | N/A | 206 | 0% |
| Ukraine | N/A | N/A | N/A | 30.9 | 0% |
| Poland | 126 | 1.2 | N/A | N/A | -99.0% |
| Others | 12.2 | 27.5 | 52.4 | 47.2 | 57.0% |
| Total | 501 | 603 | 399 | 870 | 20.2% |
Top Suppliers of Cereals; Rye, Other than Seed to Romania in 2022:
- Hungary (2376.5 tons)
- Moldova (677.9 tons)
- Ukraine (121.9 tons)
Exports of Cereals; Rye, Other than Seed in Romania
In 2022, the amount of cereals; rye, other than seeds exported from Romania skyrocketed to 73 tons, growing by 294% compared with 2021 figures. In general, exports recorded a resilient expansion. 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 $27K in 2022. Overall, exports, however, continue to indicate a precipitous descent.
| Export of Cereals; Rye, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 27.2 | 0% |
| Greece | 2.2 | 3.0 | 1.5 | N/A | -17.4% |
| Poland | 67.7 | 19.4 | N/A | N/A | -71.3% |
| Italy | 0.4 | 21.3 | 10.0 | N/A | 400.0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 70.5 | 43.8 | 11.5 | 27.2 | -27.2% |
Top Export Markets for Cereals; Rye, Other than Seed from Romania in 2022:
- Germany (73.3 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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