Cereals; Millet, Seed Price in Austria - 2023
Contents:
- Cereals; Millet, Seed Price in Austria (FOB) - 2022
- Cereals; Millet, Seed Price in Austria (CIF) - 2022
- Cereals; Millet, Seed Exports in Austria
- Cereals; Millet, Seed Imports in Austria
Cereals; Millet, Seed Price in Austria (FOB) - 2022
In 2022, the average cereals; millet, seed export price amounted to $1,552 per ton, remaining stable against the previous year. Overall, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2019 an increase of 82%. As a result, the export price reached the peak level of $2,793 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($5,356 per ton), while the average price for exports to Italy ($1,224 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 the Czech Republic (+3.0%), while the prices for the other major destinations experienced a decline.
Cereals; Millet, Seed Price in Austria (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $1,357 per ton, which is down by -33.1% against the previous year. Overall, the import price, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 76% against the previous year. As a result, import price reached the peak level of $3,160 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Germany ($2,404 per ton), while the price for Slovakia ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Exports in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of cereals; millet, seeds, when their volume decreased by -5.6% to 220 tons. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. As a result, the exports reached the peak of 233 tons, and then declined in the following year.
In value terms, cereals; millet, seed exports contracted to $342K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, the exports attained the peak of $366K, and then fell in the following year.
| Export of Cereals; Millet, Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.1 | 62.7 | 65.6 | 143 | 121.8% |
| Switzerland | N/A | N/A | 116 | 73.2 | -36.9% |
| Italy | 10.2 | 35.4 | 72.2 | 36.4 | 52.8% |
| Czech Republic | 40.5 | 53.3 | 48.2 | 25.4 | -14.4% |
| Hungary | 32.2 | 9.2 | 2.5 | 25.1 | -8.0% |
| Slovenia | 6.6 | 7.1 | 9.4 | 13.4 | 26.6% |
| Portugal | N/A | N/A | N/A | 12.5 | 0% |
| Bulgaria | N/A | N/A | 2.3 | 10.4 | 352.2% |
| France | N/A | 3.2 | 38.3 | N/A | 1096.9% |
| Others | 20.6 | 9.8 | 11.9 | 2.1 | -53.3% |
| Total | 123 | 181 | 366 | 342 | 40.6% |
Top Export Markets for Cereals; Millet, Seed from Austria in 2022:
- Germany (106.5 tons)
- Switzerland (42.5 tons)
- Italy (29.7 tons)
- Hungary (14.6 tons)
- Slovenia (8.6 tons)
- Portugal (8.0 tons)
- Bulgaria (4.9 tons)
- Czech Republic (4.7 tons)
Cereals; Millet, Seed Imports in Austria
In 2022, the amount of cereals; millet, seeds imported into Austria skyrocketed to 167 tons, with an increase of 83% against the previous year. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed imports surged to $227K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Cereals; Millet, Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 1.2 | 124 | 10233.3% |
| Germany | 40.9 | 89.9 | 93.5 | 43.8 | 2.3% |
| Italy | 7.0 | 39.2 | 63.9 | 36.8 | 73.9% |
| Slovakia | N/A | N/A | N/A | 20.4 | 0% |
| France | 90.7 | 49.3 | 25.3 | N/A | -47.2% |
| Others | 1.1 | 0.9 | 1.3 | 1.5 | 10.9% |
| Total | 140 | 179 | 185 | 227 | 17.5% |
Top Suppliers of Cereals; Millet, Seed to Austria in 2022:
- Hungary (74.9 tons)
- Slovakia (50.6 tons)
- Italy (22.0 tons)
- Germany (18.2 tons)
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