Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium - 2023

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium (FOB) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $522 per ton, increasing by 4.1% against the previous year. In general, the export price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 10%. The export price peaked at $628 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($948 per ton), while the average price for exports to the Netherlands ($504 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 (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $615 per ton, shrinking by -6.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the maximum at $700 per ton in 2019; however, from 2020 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 Germany ($747 per ton), while the price for France ($310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium

For the fourth year in a row, Belgium recorded growth in shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which increased by 2.5% to 30K tons in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 299% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $16M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 243%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Belgium in 2022:

1. Netherlands (28.4K tons)
2. Germany (0.9K tons)
3. Hungary (0.5K tons)
4. France (0.5K tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Belgium

In 2022, after two years of decline, there was significant growth in purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, when their volume increased by 15% to 3.9K tons. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses expanded significantly to $2.4M in 2022. Overall, imports, however, saw a pronounced downturn.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Belgium in 2022:

1. Germany (2049.2 tons)
2. Netherlands (956.1 tons)
3. France (868.4 tons)

Source: IndexBox Market Intelligence Platform