Cereals; Barley, Seed Price in Belgium - 2023
Contents:
- Cereals; Barley, Seed Price in Belgium (CIF) - 2022
- Cereals; Barley, Seed Price in Belgium (FOB) - 2022
- Cereals; Barley, Seed Imports in Belgium
- Cereals; Barley, Seed Exports in Belgium
Cereals; Barley, Seed Price in Belgium (CIF) - 2022
The average cereals; barley, seed import price stood at $243 per ton in 2022, waning by -4% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. As a result, import price reached the peak level of $425 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($284 per ton), while the price for Germany ($238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the prices for the other major suppliers experienced a decline.
Cereals; Barley, Seed Price in Belgium (FOB) - 2022
The average cereals; barley, seed export price stood at $677 per ton in 2022, reducing by -5.4% against the previous year. Over the period under review, the export price showed a mild decline. The pace of growth appeared the most rapid in 2013 an increase of 19%. As a result, the export price reached the peak level of $946 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($1,652 per ton), while the average price for exports to Germany ($513 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 Luxembourg (+2.6%), while the prices for the other major destinations experienced a decline.
Cereals; Barley, Seed Imports in Belgium
After three years of growth, purchases abroad of cereals; barley, seeds decreased by -20.5% to 45K tons in 2022. Overall, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 57K tons, and then declined markedly in the following year.
In value terms, cereals; barley, seed imports fell markedly to $11M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, imports attained the peak of $14M, and then declined dramatically in the following year.
| Import of Cereals; Barley, Seed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 4.2 | 3.9 | 5.3 | 12.7% |
| Germany | 0.8 | 1.3 | 6.9 | 5.1 | 85.4% |
| Netherlands | 1.3 | 1.3 | 3.4 | 0.5 | -27.3% |
| Others | 0.4 | 0.7 | N/A | 0.1 | -37.0% |
| Total | 6.2 | 7.5 | 14.3 | 10.9 | 20.7% |
Top Suppliers of Cereals; Barley, Seed to Belgium in 2022:
- France (21.7K tons)
- Germany (21.2K tons)
- Netherlands (1.9K tons)
Cereals; Barley, Seed Exports in Belgium
Cereals; barley, seed exports from Belgium was estimated at 2.3K tons in 2022, with an increase of 8.8% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports attained the peak of 2.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; barley, seed exports totaled $1.5M in 2022. In general, exports, however, saw a relatively flat trend pattern.
| Export of Cereals; Barley, Seed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 582 | 664 | 494 | 584 | 0.1% |
| Netherlands | 527 | 334 | 370 | 421 | -7.2% |
| Germany | 279 | 96.2 | 424 | 324 | 5.1% |
| Luxembourg | 30.2 | 4.6 | 2.2 | 76.7 | 36.4% |
| Czech Republic | 41.8 | 55.2 | N/A | 54.2 | 9.0% |
| United Kingdom | 5.6 | 112 | N/A | 33.0 | 80.6% |
| Poland | 58.5 | 259 | 197 | N/A | 83.5% |
| Others | 55.7 | 56.3 | 8.9 | 45.4 | -6.6% |
| Total | 1,580 | 1,582 | 1,495 | 1,538 | -0.9% |
Top Export Markets for Cereals; Barley, Seed from Belgium in 2022:
- France (861.8 tons)
- Germany (631.1 tons)
- Netherlands (570.1 tons)
- Czech Republic (71.1 tons)
- Luxembourg (46.4 tons)
- United Kingdom (45.5 tons)
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