Cereals; Oats, Seeds Price in Serbia - 2024
Contents:
- Cereals; Oats, Seeds Price in Serbia (FOB) - 2022
- Cereals; Oats, Seeds Price in Serbia (CIF) - 2022
- Cereals; Oats, Seeds Exports in Serbia
- Cereals; Oats, Seeds Imports in Serbia
Cereals; Oats, Seeds Price in Serbia (FOB) - 2022
In 2022, the average cereals; oats, seeds export price amounted to $579 per ton, with an increase of 6.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $609 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($607 per ton), while the average price for exports to Hungary ($521 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 Bosnia and Herzegovina (+1.8%), while the prices for the other major destinations experienced a decline.
Cereals; Oats, Seeds Price in Serbia (CIF) - 2022
In 2022, the average cereals; oats, seeds import price amounted to $296 per ton, declining by -45.9% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 196% against the previous year. As a result, import price attained the peak level of $1,388 per ton. From 2017 to 2022, the average 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 Germany ($567 per ton), while the price for Croatia amounted to $295 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Oats, Seeds Exports in Serbia
For the third year in a row, Serbia recorded decline in shipments abroad of cereals; oats, seedses, which decreased by -44.6% to 205 tons in 2022. Overall, exports recorded a precipitous contraction. The smallest decline of -20.6% was in 2021.
In value terms, cereals; oats, seeds exports dropped significantly to $119K in 2022. Over the period under review, exports saw a dramatic descent. The smallest decline of -22.9% was in 2021.
| Export of Cereals; Oats, Seeds in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 40.4 | 38.7 | 45.1 | 81.4 | 26.3% |
| Hungary | 317 | 218 | 139 | 31.7 | -53.6% |
| Montenegro | 8.7 | 4.0 | 16.3 | 5.6 | -13.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 366 | 260 | 201 | 119 | -31.2% |
Top Export Markets for Cereals; Oats, Seeds from Serbia in 2022:
- Bosnia and Herzegovina (134.0 tons)
- Hungary (60.8 tons)
- Montenegro (10.2 tons)
Cereals; Oats, Seeds Imports in Serbia
In 2022, overseas purchases of cereals; oats, seedses increased by 38% to 50 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep reduction.
In value terms, cereals; oats, seeds imports shrank notably to $15K in 2022. In general, imports, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7%.
| Import of Cereals; Oats, Seeds in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 2.5 | N/A | N/A | 14.6 | 80.1% |
| Hungary | N/A | 12.4 | 19.7 | N/A | 58.9% |
| Bosnia and Herzegovina | N/A | 6.0 | N/A | N/A | 0% |
| Germany | 3.6 | N/A | N/A | N/A | 0% |
| Italy | 27.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.9 | 18.4 | 19.7 | 14.7 | -24.3% |
Top Suppliers of Cereals; Oats, Seeds to Serbia in 2022:
- Croatia (49.5 tons)
- Germany (0.1 tons)
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