Cereals; Rye, Seed Price in China - 2022

Contents:

  1. Cereals; Rye, Seed Price in China (FOB) - 2022
  2. Cereals; Rye, Seed Exports in China

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

In 2022, the average cereals; rye, seed export price amounted to $1,051 per ton, waning by -2% against the previous year. Over the period under review, the export price saw a deep contraction. The growth pace was the most rapid in 2017 when the average export price increased by 689%. The export price peaked at $6,118 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($1,894 per ton), while the average price for exports to Canada ($95 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 Nigeria (+0.6%), while the prices for the other major destinations experienced a decline.

Cereals; Rye, Seed Exports in China

Cereals; rye, seed exports from China shrank significantly to 6.7 tons in 2022, with a decrease of -93.2% on 2021 figures. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 466% against the previous year. As a result, the exports reached the peak of 98 tons, and then fell rapidly in the following year.

In value terms, cereals; rye, seed exports declined remarkably to $7K in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 666% against the previous year.

Export of Cereals; Rye, Seed in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A6.76.1-9.0%
AustriaN/AN/AN/A0.70%
NigeriaN/A24.798.10.2-91.0%
Canada2.50.20.30.1-65.8%
Others0.7N/AN/AN/A0%
Total3.325.01057.028.5%

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

  1. Malaysia (3.2 tons)
  2. Austria (2.6 tons)
  3. Canada (0.7 tons)
  4. Nigeria (0.2 tons)

Source: IndexBox Market Intelligence Platform

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