Price for Cereal Grains; Rolled or Flaked, of Oats in China - 2024

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in China (CIF) - 2024
2. Price for Cereal Grains; Rolled or Flaked, of Oats in China (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in China
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in China

Price for Cereal Grains; Rolled or Flaked, of Oats in China (CIF) - 2024

The average import price for cereal grains; rolled or flaked, of oatses stood at $668 per ton in September 2023, with a decrease of -71.4% against the previous month. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in August 2023 when the average import price increased by 296% month-to-month. As a result, import price reached the peak level of $2,339 per ton, and then fell remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($1,543 per ton), while the price for Australia totaled $641 per ton.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Oats in China (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of oatses stood at $2,143 per ton in 2022, growing by 77% against the previous year. In general, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,971 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,225 per ton), while the average price for exports to Canada ($1,267 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 Japan (+79.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in China

In 2022, purchases abroad of cereal grains; rolled or flaked, of oatses decreased by -27.5% to 4.6K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 5.6%. As a result, imports reached the peak of 9.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cereal grains; rolled or flaked, of oatses dropped significantly to $3.3M in 2022. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year. As a result, imports attained the peak of $6.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to China in 2022:

1. Australia (4.6K tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in China

In 2022, exports of cereal grains; rolled or flaked, of oatses from China skyrocketed to 36 tons, with an increase of 45% on the previous year. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of cereal grains; rolled or flaked, of oatses skyrocketed to $77K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from China in 2022:

1. Hong Kong SAR (26.1 tons)
2. Mongolia (6.0 tons)
3. Canada (1.9 tons)
4. United States (0.7 tons)
5. Democratic People's Republic of Korea (0.4 tons)
6. Singapore (0.3 tons)

Source: IndexBox Market Intelligence Platform