Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (FOB) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (CIF) - 2023
  3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium
  4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $404 per ton in 2022, with an increase of 9.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($434 per ton), while the average price for exports to France ($382 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 Germany (+0.3%).

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (CIF) - 2023

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $324 per ton in September 2023, surging by 6.3% against the previous month. In general, the import price, however, recorded a perceptible decline. The pace of growth was the most pronounced in May 2023 an increase of 47% month-to-month. The import price peaked at $745 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From November 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +6.4% per month.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium

In 2022, approx. 84K tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were exported from Belgium; rising by 10% against the year before. Over the period under review, exports, however, recorded a abrupt decrease.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $34M in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands21.721.319.724.13.6%
Germany3.83.63.74.88.1%
France1.82.83.33.626.0%
Others1.31.61.71.79.4%
Total28.529.228.334.16.2%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Belgium in 2022:

  1. Netherlands (61.8K tons)
  2. Germany (11.0K tons)
  3. France (9.3K tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium

In 2022, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Belgium rose slightly to 9.7K tons, increasing by 4.8% on the previous year's figure. Over the period under review, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 65%.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses contracted to $4.1M in 2022. In general, imports, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 36%.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.70.51.91.939.5%
Netherlands2.21.61.51.0-23.1%
Germany3.20.60.60.7-39.7%
Luxembourg0.40.60.50.57.7%
Others0.20.10.10.20.0%
Total6.73.44.64.1-15.1%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Belgium in 2022:

  1. France (6.7K tons)
  2. Netherlands (1.3K tons)
  3. Germany (1.1K tons)
  4. Luxembourg (0.5K tons)

Source: IndexBox Market Intelligence Platform

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