Cereals; Barley, Seed Price in Norway - 2023
Contents:
- Cereals; Barley, Seed Price in Norway (CIF) - 2022
- Cereals; Barley, Seed Price in Norway (FOB) - 2022
- Cereals; Barley, Seed Imports in Norway
- Cereals; Barley, Seed Exports in Norway
Cereals; Barley, Seed Price in Norway (CIF) - 2022
The average cereals; barley, seed import price stood at $960 per ton in 2022, picking up by 3.9% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed import price decreased by -5.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 57% against the previous year. The import price peaked at $1,038 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,518 per ton), while the price for Finland ($904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Price in Norway (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $767 per ton, declining by -10.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 30%. The export price peaked at $1,046 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($1,339 per ton), while the average price for exports to Iceland ($613 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 Sweden (+3.6%), while the prices for the other major destinations experienced a decline.
Cereals; Barley, Seed Imports in Norway
In 2022, the amount of cereals; barley, seeds imported into Norway declined dramatically to 519 tons, waning by -15.7% compared with 2021. In general, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 46%.
In value terms, cereals; barley, seed imports reduced to $498K in 2022. Overall, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
| Import of Cereals; Barley, Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,364 | 241 | 173 | 217 | -45.8% |
| Finland | 1,204 | 158 | 37.9 | 217 | -43.5% |
| Sweden | 97.8 | 8.0 | 10.9 | 27.3 | -34.6% |
| France | 74.3 | 16.3 | 7.2 | 26.6 | -29.0% |
| Others | 41.8 | 3.9 | 340 | 10.5 | -36.9% |
| Total | 2,782 | 428 | 569 | 498 | -43.6% |
Top Suppliers of Cereals; Barley, Seed to Norway in 2022:
- Finland (240.2 tons)
- Denmark (238.9 tons)
- Sweden (27.6 tons)
- France (10.6 tons)
Cereals; Barley, Seed Exports in Norway
After two years of decline, shipments abroad of cereals; barley, seeds increased by 11% to 33 tons in 2022. Overall, exports, however, recorded a precipitous decrease.
In value terms, cereals; barley, seed exports fell modestly to $25K in 2022. In general, exports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 1.4% against the previous year.
| Export of Cereals; Barley, Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 30.8 | 11.4 | 9.8 | 12.7 | -25.6% |
| Sweden | 11.5 | 8.2 | 5.5 | 6.6 | -16.9% |
| Finland | 22.4 | 5.3 | 4.6 | 5.7 | -36.6% |
| Estonia | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.1 | 5.6 | 0.2 | -34.1% |
| Total | 67.4 | 25.0 | 25.4 | 25.2 | -28.0% |
Top Export Markets for Cereals; Barley, Seed from Norway in 2022:
- Iceland (20.8 tons)
- Finland (7.0 tons)
- Sweden (4.9 tons)
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