Price for Cereals; Rye, Other than Seed in the Czech Republic - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in the Czech Republic (FOB) - 2023
- Price for Cereals; Rye, Other than Seed in the Czech Republic (CIF) - 2023
- Exports of Cereals; Rye, Other than Seed in the Czech Republic
- Imports of Cereals; Rye, Other than Seed in the Czech Republic
Price for Cereals; Rye, Other than Seed in the Czech Republic (FOB) - 2023
In October 2023, the average export price for cereals; rye, other than seeds amounted to $106 per ton, dropping by -51.5% against the previous month. In general, the export price recorded a deep setback. The pace of growth appeared the most rapid in January 2023 an increase of 48% month-to-month. Over the period under review, the average export prices attained the maximum at $340 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From October 2022 to October 2023, the rate of growth in terms of prices for Austria amounted to +0.7% per month.
Price for Cereals; Rye, Other than Seed in the Czech Republic (CIF) - 2023
The average import price for cereals; rye, other than seeds stood at $198 per ton in October 2023, dropping by -3.6% against the previous month. In general, the import price showed a noticeable setback. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 7% m-o-m. As a result, import price reached the peak level of $316 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Austria ($266 per ton), while the price for Slovakia ($181 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-1.3%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Rye, Other than Seed in the Czech Republic
In 2022, overseas shipments of cereals; rye, other than seeds decreased by -65.1% to 22K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of 128%. As a result, the exports attained the peak of 64K tons, and then fell dramatically in the following year.
In value terms, cereals; rye, other than seed exports contracted dramatically to $6.9M in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 212%. As a result, the exports attained the peak of $15M, and then declined remarkably in the following year.
| Export of Cereals; Rye, Other than Seed in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 4.1 | 12.7 | 5.6 | 27.5% |
| Austria | 0.5 | 0.3 | 0.8 | 1.1 | 30.1% |
| Poland | 0.2 | 0.2 | 0.7 | 0.1 | -20.6% |
| Others | N/A | 0.1 | 0.5 | 0.1 | 0.0% |
| Total | 3.3 | 4.7 | 14.7 | 6.9 | 27.9% |
Top Export Markets for Cereals; Rye, Other than Seed from the Czech Republic in 2022:
- Germany (18.5K tons)
- Austria (3.4K tons)
- Poland (0.4K tons)
Imports of Cereals; Rye, Other than Seed in the Czech Republic
In 2022, after two years of decline, there was significant growth in overseas purchases of cereals; rye, other than seeds, when their volume increased by 106% to 15K tons. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, cereals; rye, other than seed imports soared to $4.4M in 2022. Overall, imports recorded pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Rye, Other than Seed in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,104 | 1,054 | 116 | 3,208 | 15.1% |
| Slovakia | 1,126 | 1,324 | 1,467 | 822 | -10.0% |
| Austria | 82.7 | 80.2 | 107 | 187 | 31.3% |
| Ukraine | N/A | N/A | N/A | 133 | 0% |
| Others | 484 | 174 | 120 | 24.4 | -63.1% |
| Total | 3,797 | 2,631 | 1,810 | 4,374 | 4.8% |
Top Suppliers of Cereals; Rye, Other than Seed to the Czech Republic in 2022:
- Poland (11.0K tons)
- Slovakia (2.6K tons)
- Ukraine (0.6K tons)
- Austria (0.4K tons)
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