Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (FOB) - 2023
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $511 per ton in 2022, dropping by -13.3% against the previous year. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of 74%. Over the period under review, average import prices attained the peak figure at $757 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,227 per ton), while the price for Lithuania ($405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (FOB) - 2023
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $771 per ton in September 2023, shrinking by -12.7% against the previous month. Overall, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 86% m-o-m. Over the period under review, the average export prices hit record highs at $998 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($1,489 per ton), while the average price for exports to Spain ($503 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Latvia soared to 7.7K tons, surging by 137% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $3.9M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1,460 | 565 | 983 | 2,272 | 15.9% |
Poland | 200 | 257 | 291 | 780 | 57.4% |
Estonia | 232 | 295 | 431 | 716 | 45.6% |
Others | 156 | 185 | 200 | 150 | -1.3% |
Total | 2,048 | 1,302 | 1,905 | 3,917 | 24.1% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Latvia in 2022:
- Lithuania (5.6K tons)
- Estonia (1.3K tons)
- Poland (0.6K tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia
Exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Latvia surged to 4K tons in 2022, picking up by 43% compared with the previous year. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 90% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $3.6M in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 841 | 1,779 | 1,747 | 2,024 | 34.0% |
Germany | 37.6 | 145 | 389 | 651 | 158.7% |
Lithuania | 221 | 427 | 505 | 362 | 17.9% |
Czech Republic | N/A | N/A | 80.9 | 290 | 258.5% |
Poland | 21.1 | 44.5 | 31.7 | 187 | 106.9% |
Others | 48.5 | 44.0 | 20.4 | 62.1 | 8.6% |
Total | 1,169 | 2,439 | 2,775 | 3,575 | 45.2% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Latvia in 2022:
- Estonia (1646.7 tons)
- Germany (1148.6 tons)
- Czech Republic (533.0 tons)
- Poland (400.4 tons)
- Lithuania (235.2 tons)
This report provides an in-depth analysis of the market for flaked or rolled cereal in Latvia.
This report provides an in-depth analysis of the cereal germ market in Latvia.
This report provides an in-depth analysis of the market for corn flakes and cereal products in Latvia.
This report provides an in-depth analysis of the global market for flaked or rolled cereal.
This report provides an in-depth analysis of the global cereal germ market.
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
This report provides an in-depth analysis of the market for flaked or rolled cereal in Latvia.
This report provides an in-depth analysis of the cereal germ market in Latvia.
This report provides an in-depth analysis of the market for corn flakes and cereal products in Latvia.
This report provides an in-depth analysis of the global market for flaked or rolled cereal.
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
Discover the leading import markets for corn flakes and cereal products around the world. From the United States to China, see which countries are driving the demand for breakfast cereals.
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
Discover the leading import markets for corn flakes and cereal products around the world. From the United States to China, see which countries are driving the demand for breakfast cereals.