Cereals; Millet, Seed Price in Germany - 2023

Contents:

  1. Cereals; Millet, Seed Price in Germany (CIF) - 2022
  2. Cereals; Millet, Seed Price in Germany (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Germany
  4. Cereals; Millet, Seed Exports in Germany

Cereals; Millet, Seed Price in Germany (CIF) - 2022

In 2022, the average cereals; millet, seed import price amounted to $1,678 per ton, declining by -6.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 72% against the previous year. As a result, import price reached the peak level of $3,086 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,868 per ton), while the price for Ukraine ($616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Cereals; Millet, Seed Price in Germany (FOB) - 2022

In 2022, the average cereals; millet, seed export price amounted to $2,419 per ton, rising by 5.3% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 44% against the previous year. As a result, the export price reached the peak level of $7,194 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($6,483 per ton), while the average price for exports to the UK ($1,843 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 Denmark (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Millet, Seed Imports in Germany

Cereals; millet, seed imports into Germany declined to 373 tons in 2022, which is down by -8.7% compared with the year before. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 407%. As a result, imports attained the peak of 408 tons, and then declined in the following year.

In value terms, cereals; millet, seed imports declined to $625K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 299% against the previous year. As a result, imports attained the peak of $731K, and then dropped in the following year.

Import of Cereals; Millet, Seed in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18313768452742.3%
Austria6.520.318.367.3118.0%
UkraineN/AN/AN/A6.50%
China20.1N/AN/AN/A0%
SlovakiaN/AN/A6.9N/A0%
NetherlandsN/A19.98.4N/A-57.8%
Others17.96.312.924.410.9%
Total22718373162540.2%

Top Suppliers of Cereals; Millet, Seed to Germany in 2022:

  1. France (320.0 tons)
  2. Austria (36.1 tons)
  3. Ukraine (10.5 tons)

Cereals; Millet, Seed Exports in Germany

Cereals; millet, seed exports from Germany surged to 53 tons in 2022, with an increase of 116% compared with the previous year's figure. Over the period under review, exports saw a prominent expansion.

In value terms, cereals; millet, seed exports surged to $128K in 2022. Overall, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Millet, Seed in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A48.632.868.919.1%
France50.059.22.516.1-31.5%
Austria1.72.22.515.7109.8%
Czech Republic18.82.56.312.9-11.8%
Netherlands0.56.91.74.1101.7%
Belgium5.60.19.61.5-35.5%
Poland13.50.80.70.2-75.4%
Others7.13.90.18.66.6%
Total97.312456.21289.6%

Top Export Markets for Cereals; Millet, Seed from Germany in 2022:

  1. United Kingdom (37.4 tons)
  2. France (6.3 tons)
  3. Austria (4.1 tons)
  4. Czech Republic (2.0 tons)
  5. Netherlands (1.6 tons)
  6. Belgium (0.3 tons)
  7. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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