Price for Cereal Groats; Meal and Pellets in Switzerland - 2023

Price for Cereal Groats; Meal and Pellets in Switzerland (CIF) - 2023

In August 2023, the average import price for cereal groats; meal and pelletses amounted to $853 per ton, approximately equating the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 21% m-o-m. As a result, import price attained the peak level of $985 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from France ($1,130 per ton) and the Netherlands ($847 per ton), while the price for Austria ($766 per ton) and Poland ($768 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Switzerland (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $666 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 46%. Over the period under review, the average export prices hit record highs at $2,572 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,266 per ton), while the average price for exports to France ($636 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 (+7.9%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Groats; Meal and Pellets in Switzerland

For the fourth consecutive year, Switzerland recorded growth in purchases abroad of cereal groats; meal and pelletses, which increased by 38% to 8.2K tons in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cereal groats; meal and pellets imports soared to $7.4M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereal Groats; Meal and Pellets in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	654	1,082	1,098	2,670	59.8%
Italy	775	1,205	1,764	2,410	46.0%
Germany	763	878	1,103	1,299	19.4%
Poland	152	269	187	444	42.9%
France	274	288	424	261	-1.6%
Serbia	42.8	86.3	87.5	100	32.7%
Others	141	200	304	225	16.9%
Total	2,803	4,009	4,967	7,410	38.3%

Top Suppliers of Cereal Groats; Meal and Pellets to Switzerland in 2022:

Austria (3.3K tons)
Italy (2.3K tons)
Germany (1.2K tons)
Poland (0.8K tons)
France (0.3K tons)
Serbia (0.1K tons)

Exports of Cereal Groats; Meal and Pellets in Switzerland

In 2022, exports of cereal groats; meal and pelletses from Switzerland was estimated at 4.5K tons, stabilizing at the previous year's figure. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 5.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cereal groats; meal and pellets exports soared to $3M in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.