Cereals; Barley, Seed Price in New Zealand - 2023
Contents:
- Cereals; Barley, Seed Price in New Zealand (CIF) - 2022
- Cereals; Barley, Seed Price in New Zealand (FOB) - 2022
- Cereals; Barley, Seed Imports in New Zealand
- Cereals; Barley, Seed Exports in New Zealand
Cereals; Barley, Seed Price in New Zealand (CIF) - 2022
The average cereals; barley, seed import price stood at $256 per ton in 2022, waning by -4.2% against the previous year. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The import price peaked at $301 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -1.6% per year.
Cereals; Barley, Seed Price in New Zealand (FOB) - 2022
The average cereals; barley, seed export price stood at $843 per ton in 2022, shrinking by -74.4% against the previous year. Over the period under review, the export price, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2020 an increase of 158%. The export price peaked at $3,292 per ton in 2021, and then fell significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,225 per ton), while the average price for exports to France ($193 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 Germany (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Barley, Seed Imports in New Zealand
In 2022, supplies from abroad of cereals; barley, seeds decreased by -20.5% to 14K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 89%.
In value terms, cereals; barley, seed imports contracted sharply to $3.6M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of $4.7M, and then declined significantly in the following year.
Import of Cereals; Barley, Seed in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1.5 | 2.5 | 4.7 | 3.6 | 33.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.5 | 2.5 | 4.7 | 3.6 | 33.9% |
Top Suppliers of Cereals; Barley, Seed to New Zealand in 2022:
- Australia (14.1K tons)
Cereals; Barley, Seed Exports in New Zealand
In 2022, exports of cereals; barley, seeds from New Zealand surged to 429 tons, jumping by 261% compared with the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, seed exports fell to $362K in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 386% against the previous year.
Export of Cereals; Barley, Seed in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.9 | 3.1 | 17.2 | 113 | 290.3% |
Denmark | 20.4 | 29.3 | 14.6 | 95.6 | 67.3% |
Japan | 30.2 | 61.7 | 15.8 | 70.0 | 32.3% |
Germany | 5.3 | 13.3 | 7.4 | 48.5 | 109.2% |
Finland | 2.7 | 1.9 | 3.8 | 24.7 | 109.1% |
Canada | 1.5 | 0.6 | 0.6 | 4.1 | 39.8% |
France | 1.6 | 1.7 | 0.6 | 3.6 | 31.0% |
Russia | N/A | 220 | 81.2 | N/A | -63.1% |
Others | 4.8 | 1.2 | 250 | 2.4 | -20.6% |
Total | 68.3 | 332 | 391 | 362 | 74.4% |
Top Export Markets for Cereals; Barley, Seed from New Zealand in 2022:
- Japan (102.8 tons)
- Denmark (101.2 tons)
- United Kingdom (92.1 tons)
- Germany (46.3 tons)
- Finland (45.3 tons)
- Canada (19.9 tons)
- France (18.8 tons)
This report provides an in-depth analysis of the barley market in New Zealand.
This report provides an in-depth analysis of the grain market in New Zealand.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in New Zealand.
This report provides an in-depth analysis of the global barley market.
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