Price for Cereals; Rye, Other than Seed in the United States - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in the United States (CIF) - 2023
- Price for Cereals; Rye, Other than Seed in the United States (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in the United States
- Exports of Cereals; Rye, Other than Seed in the United States
Price for Cereals; Rye, Other than Seed in the United States (CIF) - 2023
The average import price for cereals; rye, other than seeds stood at $310 per ton in December 2023, reducing by -7.9% against the previous month. In general, the import price showed a slight setback. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices hit record highs at $396 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From December 2022 to December 2023, the rate of growth in terms of prices for Canada amounted to -1.3% per month.
Price for Cereals; Rye, Other than Seed in the United States (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $254 per ton, increasing by 7.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. As a result, the export price attained the peak level of $319 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($283 per ton), while the average price for exports to Chile ($216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Rye, Other than Seed in the United States
In 2022, overseas purchases of cereals; rye, other than seeds were finally on the rise to reach 212K tons after two years of decline. Over the period under review, imports, however, saw a deep reduction.
In value terms, cereals; rye, other than seed imports skyrocketed to $67M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 20.7 | 25.8 | 23.2 | 33.9 | 17.9% |
| Germany | 34.7 | 12.7 | 17.1 | 33.5 | -1.2% |
| Sweden | N/A | 12.3 | 10.2 | N/A | -17.1% |
| Denmark | 8.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.2 | 50.8 | 50.5 | 67.4 | 1.6% |
Top Suppliers of Cereals; Rye, Other than Seed to the United States in 2022:
- Germany (110.0K tons)
- Canada (101.6K tons)
Exports of Cereals; Rye, Other than Seed in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of cereals; rye, other than seeds, which decreased by -0.3% to 651 tons in 2022. Overall, exports faced a precipitous shrinkage.
In value terms, cereals; rye, other than seed exports expanded rapidly to $165K in 2022. Over the period under review, exports recorded a sharp decline.
| Export of Cereals; Rye, Other than Seed in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 137 | 117 | 66.3 | 131 | -1.5% |
| Chile | N/A | N/A | N/A | 21.2 | 0% |
| Canada | 103 | 7.0 | 44.9 | 13.0 | -49.8% |
| Japan | 211 | 139 | 4.9 | N/A | -84.8% |
| Mexico | N/A | N/A | 35.3 | N/A | 0% |
| Others | 5.8 | 3.8 | 3.3 | N/A | -24.6% |
| Total | 457 | 267 | 155 | 165 | -28.8% |
Top Export Markets for Cereals; Rye, Other than Seed from the United States in 2022:
- South Korea (507.0 tons)
- Chile (98.0 tons)
- Canada (46.0 tons)
927
This report provides an in-depth analysis of the rye market in the U.S..
747
This report provides an in-depth analysis of the grain market in the U.S..
1979
This report provides an in-depth analysis of the global rye market.
3944
This report provides an in-depth analysis of the global grain market.
927
This report provides an in-depth analysis of the rye market in the U.S..
1979
This report provides an in-depth analysis of the global rye market.
297
This guide provides valuable insights and a comprehensive market entry strategy for rye in the United States, backed by official data sources. Discover trade shows, industry resources, and tips to succeed in this thriving market.
337
In July 2022, the rye price stood at $334 per ton, with a decrease of -9.5% against the previous month.
938
In June 2022, the rye price per ton stood at $368 per ton in June 2022, with an increase of 5.8% against the previous month.
670
Based on 2018 figures, rye production decreased by -26.7% against 2015 indices.
253
Learn how to develop a successful market entry strategy for the U.S. grain market by conducting market research, complying with regulations, establishing strong partnerships, and leveraging market intelligence platforms.
216
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.
611
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.
4480
Global rye consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
2249
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.
1466
Poland dominates in the global rye trade. In 2014, Poland exported X thousand tons of rye totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its total rye exports in value terms,
