Price for Cereal Groats; Meal and Pellets in the Czech Republic - 2023

Contents:

  1. Price for Cereal Groats; Meal and Pellets in the Czech Republic (CIF) - 2022
  2. Price for Cereal Groats; Meal and Pellets in the Czech Republic (FOB) - 2022
  3. Imports of Cereal Groats; Meal and Pellets in the Czech Republic
  4. Exports of Cereal Groats; Meal and Pellets in the Czech Republic

Price for Cereal Groats; Meal and Pellets in the Czech Republic (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $940 per ton in 2022, rising by 7.1% against the previous year. Over the period under review, the import price showed a strong expansion. The growth pace was the most rapid in 2018 an increase of 91%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,596 per ton), while the price for Slovakia ($532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in the Czech Republic (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $769 per ton in 2022, shrinking by -5.9% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 80%. The export price peaked at $818 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,026 per ton), while the average price for exports to Poland ($524 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 (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Groats; Meal and Pellets in the Czech Republic

In 2022, approx. 11K tons of cereal groats; meal and pelletses were imported into the Czech Republic; increasing by 17% against the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, cereal groats; meal and pellets imports soared to $10M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2019 indices. 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.54.05.25.818.3%
Slovakia0.61.21.31.946.8%
Italy0.70.30.41.012.6%
Germany0.20.40.50.858.7%
Hungary0.10.40.50.344.2%
Russia0.20.3N/AN/A50.0%
Others0.50.20.20.2-26.3%
Total5.86.88.010.019.9%

Top Suppliers of Cereal Groats; Meal and Pellets to the Czech Republic in 2022:

  1. Russia (undefinedK tons)
  2. Poland (4.9K tons)
  3. Slovakia (3.5K tons)
  4. Italy (1.0K tons)
  5. Germany (0.5K tons)
  6. Hungary (0.5K tons)

Exports of Cereal Groats; Meal and Pellets in the Czech Republic

Cereal groats; meal and pellets exports from the Czech Republic fell dramatically to 2.2K tons in 2022, which is down by -19.9% compared with the previous year's figure. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 2%.

In value terms, cereal groats; meal and pellets exports fell sharply to $1.7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.2% 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 +16.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $2.2M, and then fell notably in the following year.

Export of Cereal Groats; Meal and Pellets in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,1691,0631,650955-6.5%
Germany46.817122231789.2%
Slovakia1931672752427.8%
Croatia1.61.233.6102299.5%
SpainN/A222N/AN/A0%
Others25.019.138.455.730.6%
Total1,4351,6442,2191,6715.2%

Top Export Markets for Cereal Groats; Meal and Pellets from the Czech Republic in 2022:

  1. Poland (1823.9 tons)
  2. Slovakia (107.3 tons)
  3. Germany (104.7 tons)
  4. Croatia (103.4 tons)

Source: IndexBox Market Intelligence Platform

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