Price for Cereal Grains; Rolled or Flaked, of Oats in Slovakia - 2023

Contents:

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

Price for Cereal Grains; Rolled or Flaked, of Oats in Slovakia (CIF) - 2023

In August 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $895 per ton, picking up by 16% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $946 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,096 per ton), while the price for Hungary ($419 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $735 per ton, declining by -10.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. As a result, the export price attained the peak level of $817 per ton, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($807 per ton), while the average price for exports to the Czech Republic stood at $649 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.7%).

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

After three years of growth, overseas purchases of cereal grains; rolled or flaked, of oatses decreased by -13.1% to 2.5K tons in 2022. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.2% against the previous year. As a result, imports attained the peak of 2.9K tons, and then fell in the following year.

In value terms, imports of cereal grains; rolled or flaked, of oatses reached $1.7M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cereal Grains; Rolled or Flaked, of Oats in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic19365187789967.0%
Hungary3382963834177.3%
Germany586379239215-28.4%
FinlandN/A17.111342.257.1%
LithuaniaN/A0.81.032.9541.3%
United Kingdom79.888.36.022.8-34.1%
Poland26930.912.611.7-64.8%
Others36.119.522.544.37.1%
Total1,5011,4821,6541,6853.9%

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

  1. Czech Republic (1145.9 tons)
  2. Hungary (1018.2 tons)
  3. Germany (154.5 tons)
  4. Finland (50.4 tons)
  5. Lithuania (44.6 tons)
  6. United Kingdom (23.5 tons)
  7. Poland (15.1 tons)

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

In 2022, shipments abroad of cereal grains; rolled or flaked, of oatses was finally on the rise to reach 946 tons after two years of decline. Over the period under review, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of oatses skyrocketed to $695K in 2022. In general, exports showed a strong expansion. 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 Oats in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic43625190.259611.0%
Romania0.220.252.434.7457.7%
Hungary6.214.026.310.820.3%
Others0.315.351.154.4466.0%
Total44330022069516.2%

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

  1. Czech Republic (917.8 tons)
  2. Hungary (13.4 tons)
  3. Romania (4.6 tons)

Source: IndexBox Market Intelligence Platform

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