Price for Cereal Groats and Meal; of Wheat in Romania - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Romania (CIF) - 2023
- Price for Cereal Groats and Meal; of Wheat in Romania (FOB) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Romania
- Exports of Cereal Groats and Meal; of Wheat in Romania
Price for Cereal Groats and Meal; of Wheat in Romania (CIF) - 2023
The average import price for cereal groats and meal; of wheats stood at $554 per ton in August 2023, growing by 2.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 17% month-to-month. As a result, import price reached the peak level of $697 per ton. From January 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($1,029 per ton), while the price for Hungary ($414 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Groats and Meal; of Wheat in Romania (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $786 per ton, increasing by 12% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal groats and meal; of wheats increased by +43.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 68%. As a result, the export price attained the peak level of $818 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($995 per ton), while the average price for exports to Hungary ($502 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 Serbia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Wheat in Romania
In 2022, imports of cereal groats and meal; of wheats into Romania rose modestly to 12K tons, with an increase of 2.2% against the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of cereal groats and meal; of wheats skyrocketed to $6.9M in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 52%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Cereal Groats and Meal; of Wheat in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 3.4 | 2.9 | 3.5 | 4.3 | 8.1% |
| France | N/A | N/A | 1.1 | 2.2 | 100.0% |
| Italy | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.7 | 3.2 | 4.9 | 6.9 | 23.1% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Romania in 2022:
- Hungary (9.3K tons)
- France (2.4K tons)
- Italy (0.3K tons)
Exports of Cereal Groats and Meal; of Wheat in Romania
Exports of cereal groats and meal; of wheats from Romania surged to 673 tons in 2022, rising by 18% against 2021 figures. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 865 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal groats and meal; of wheats soared to $529K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 73%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cereal Groats and Meal; of Wheat in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 114 | 145 | 138 | 201 | 20.8% |
| United Kingdom | 64.0 | 132 | 103 | 129 | 26.3% |
| Serbia | 33.4 | 47.0 | 50.8 | 67.4 | 26.4% |
| Germany | 12.5 | 27.4 | 19.3 | 36.5 | 42.9% |
| Italy | 15.3 | 31.9 | 26.8 | 33.4 | 29.7% |
| Ireland | 6.5 | 8.8 | 6.8 | 13.2 | 26.6% |
| Poland | 4.4 | 6.6 | 8.3 | 10.5 | 33.6% |
| Netherlands | N/A | 42.1 | 9.5 | 0.2 | -93.1% |
| Others | 25.0 | 34.9 | 36.7 | 38.0 | 15.0% |
| Total | 275 | 476 | 399 | 529 | 24.4% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Romania in 2022:
- Spain (281.0 tons)
- United Kingdom (129.9 tons)
- Serbia (111.0 tons)
- Germany (43.7 tons)
- Italy (38.2 tons)
- Ireland (15.3 tons)
- Poland (11.2 tons)
- Netherlands (0.2 tons)
298
This report provides an in-depth analysis of the market for wheat and spelt groats in Romania.
369
This report provides an in-depth analysis of the durum wheat meals market in Romania.
441
This report provides an in-depth analysis of the non-wheat cereal pellets market in Romania.
466
This report provides an in-depth analysis of the non-wheat groats market in Romania.
308
This report provides an in-depth analysis of the wheat pellets market in Romania.
465
Global Wheat And Spelt Groats Market Report 2018. This report provides an in-depth analysis of the global market for wheat and spelt groats.
479
Global Durum Wheat Meals Market Report 2018. This report provides an in-depth analysis of the global durum wheat meals market.
889
This report provides an in-depth analysis of the global non-wheat cereal pellets market.
989
This report provides an in-depth analysis of the global non-wheat groats market.
522
Global Wheat Pellets Market Report 2018. This report provides an in-depth analysis of the global wheat pellets market.
Nothing found. Please try again.
