Cereals; Rye, Seed Price in Austria - 2023

Contents:

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

Cereals; Rye, Seed Price in Austria (FOB) - 2022

The average cereals; rye, seed export price stood at $933 per ton in 2022, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21% against the previous year. The export price peaked at $1,095 per ton in 2017; however, from 2018 to 2022, the 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 Slovenia ($1,533 per ton), while the average price for exports to Italy ($675 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 UK (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Rye, Seed Price in Austria (CIF) - 2022

The average cereals; rye, seed import price stood at $514 per ton in 2022, dropping by -21.3% against the previous year. Over the period under review, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2020 an increase of 106%. As a result, import price reached the peak level of $979 per ton. From 2021 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 ($1,300 per ton), while the price for the Czech Republic ($291 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Cereals; Rye, Seed Exports in Austria

Cereals; rye, seed exports from Austria expanded sharply to 3.6K tons in 2022, with an increase of 12% on the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 53%. As a result, the exports attained the peak of 4.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereals; rye, seed exports surged to $3.3M in 2022. The total export value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cereals; Rye, Seed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,5422,3331,7581,510-0.7%
United Kingdom99.775.612943663.5%
Hungary72.013213232965.9%
Belgium32.733.32.8269101.9%
France12612213724324.5%
Italy71.744.771.192.28.7%
Netherlands35.294.765.787.235.3%
Slovakia10611853.762.0-16.4%
Poland8.3N/A2.048.580.1%
Switzerland12631.644.431.6-36.9%
Others13421418220515.2%
Total2,3533,1982,5773,31412.1%

Top Export Markets for Cereals; Rye, Seed from Austria in 2022:

  1. Germany (1666.3 tons)
  2. United Kingdom (331.1 tons)
  3. Belgium (314.5 tons)
  4. France (305.8 tons)
  5. Hungary (294.1 tons)
  6. Italy (136.4 tons)
  7. Netherlands (118.2 tons)
  8. Poland (68.9 tons)
  9. Slovakia (66.9 tons)
  10. Switzerland (36.7 tons)

Cereals; Rye, Seed Imports in Austria

In 2022, imports of cereals; rye, seeds into Austria surged to 2.6K tons, increasing by 145% compared with the previous year's figure. Overall, imports showed notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, seed imports skyrocketed to $1.3M in 2022. In general, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Seed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary46646.710773016.1%
Germany508489431395-8.0%
Poland0.71.330.6185541.7%
Czech Republic108N/A59.615.1-48.1%
SlovakiaN/AN/A59.3N/A0%
Others35.851.66.312.5-29.6%
Total1,1185886941,3376.1%

Top Suppliers of Cereals; Rye, Seed to Austria in 2022:

  1. Hungary (1947.0 tons)
  2. Germany (303.7 tons)
  3. Poland (263.5 tons)
  4. Czech Republic (52.0 tons)

Source: IndexBox Market Intelligence Platform

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