Cereals; Rye, Seed Price in the Czech Republic - 2023

Contents:

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

Cereals; Rye, Seed Price in the Czech Republic (FOB) - 2022

The average cereals; rye, seed export price stood at $443 per ton in 2022, increasing by 84% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($804 per ton), while the average price for exports to Germany ($352 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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Rye, Seed Price in the Czech Republic (CIF) - 2022

In 2022, the average cereals; rye, seed import price amounted to $634 per ton, declining by -53.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 85% against the previous year. As a result, import price reached the peak level of $1,442 per ton. From 2021 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 ($970 per ton), while the price for Poland ($384 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Rye, Seed Exports in the Czech Republic

In 2022, approx. 2.3K tons of cereals; rye, seeds were exported from the Czech Republic; which is down by -80.2% on the previous year. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 352%. As a result, the exports reached the peak of 12K tons, and then declined markedly in the following year.

In value terms, cereals; rye, seed exports reduced sharply to $1M in 2022. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 164% against the previous year. As a result, the exports reached the peak of $2.8M, and then dropped markedly in the following year.

Export of Cereals; Rye, Seed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0504672,399568-18.5%
Slovakia59.468.265.416540.6%
Italy58.373.686.414736.1%
France302287173127-25.1%
Austria16099.669.921.0-49.2%
Others22.475.625.41.2-62.3%
Total1,6521,0702,8201,028-14.6%

Top Export Markets for Cereals; Rye, Seed from the Czech Republic in 2022:

  1. Germany (1610.8 tons)
  2. Slovakia (305.1 tons)
  3. Italy (194.9 tons)
  4. France (157.3 tons)
  5. Austria (52.1 tons)

Cereals; Rye, Seed Imports in the Czech Republic

In 2022, after two years of decline, there was significant growth in supplies from abroad of cereals; rye, seeds, when their volume increased by 348% to 1.2K tons. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, seed imports surged to $782K in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Seed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3914682764676.1%
Poland67.977.740.027860.0%
Austria70.745.043.724.4-29.9%
Slovakia14969.0N/AN/A-53.7%
Others23.136.018.013.1-17.2%
Total7026963787823.7%

Top Suppliers of Cereals; Rye, Seed to the Czech Republic in 2022:

  1. Poland (723.2 tons)
  2. Germany (481.1 tons)
  3. Austria (25.4 tons)

Source: IndexBox Market Intelligence Platform

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