Price for Cereals; Barley, Other than Seed in Belgium - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Belgium (CIF) - 2024
- Price for Cereals; Barley, Other than Seed in Belgium (FOB) - 2024
- Imports of Cereals; Barley, Other than Seed in Belgium
- Exports of Cereals; Barley, Other than Seed in Belgium
Price for Cereals; Barley, Other than Seed in Belgium (CIF) - 2024
The average import price for cereals; barley, other than seeds stood at $341 per ton in August 2023, increasing by 9.5% against the previous month. Overall, the import price, however, saw a slight curtailment. Over the period under review, average import prices reached the maximum at $377 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From March 2023 to August 2023, the rate of growth in terms of prices for the UK amounted to +2.0% per month.
Price for Cereals; Barley, Other than Seed in Belgium (FOB) - 2024
The average export price for cereals; barley, other than seeds stood at $212 per ton in August 2023, waning by -16.4% against the previous month. In general, the export price recorded a abrupt slump. As a result, the export price reached the peak level of $396 per ton. From April 2023 to August 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was South Korea ($787 per ton), while the average price for exports to the UK totaled $723 per ton.
From March 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Barley, Other than Seed in Belgium
In 2022, the amount of cereals; barley, other than seeds imported into Belgium dropped to 1.8M tons, shrinking by -2.8% against 2021. Over the period under review, imports saw a sharp reduction. The smallest decline of -2% was in 2021.
In value terms, cereals; barley, other than seed imports soared to $599M in 2022. In general, imports continue to indicate a deep setback.
| Import of Cereals; Barley, Other than Seed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 369 | 349 | 368 | 451 | 6.9% |
| United Kingdom | 20.2 | 20.2 | 28.2 | 53.4 | 38.3% |
| Argentina | N/A | N/A | N/A | 24.3 | 0% |
| Sweden | 3.2 | 4.4 | 12.2 | 18.9 | 80.8% |
| Germany | 9.2 | 3.8 | 20.0 | 18.0 | 25.1% |
| Netherlands | 9.8 | 13.7 | 20.5 | 15.9 | 17.5% |
| Denmark | 8.0 | 2.2 | 20.8 | 10.1 | 8.1% |
| Others | 426 | 5.1 | 5.9 | 7.0 | -74.6% |
| Total | 846 | 399 | 476 | 599 | -10.9% |
Top Suppliers of Cereals; Barley, Other than Seed to Belgium in 2022:
- France (1404.8K tons)
- United Kingdom (149.7K tons)
- Argentina (64.1K tons)
- Germany (61.0K tons)
- Netherlands (51.7K tons)
- Sweden (49.9K tons)
- Denmark (26.3K tons)
Exports of Cereals; Barley, Other than Seed in Belgium
For the third consecutive year, Belgium recorded decline in shipments abroad of cereals; barley, other than seeds, which decreased by -45.5% to 62K tons in 2022. Over the period under review, exports faced a sharp slump. The smallest decline of -27.9% was in 2021.
In value terms, cereals; barley, other than seed exports reduced notably to $20M in 2022. In general, exports faced a dramatic slump. The smallest decline of -14.8% was in 2021.
| Export of Cereals; Barley, Other than Seed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 30.5 | 28.9 | 25.8 | 15.9 | -19.5% |
| France | 6.7 | 1.9 | 2.3 | 2.6 | -27.1% |
| Germany | 0.4 | 0.1 | 0.1 | 1.2 | 44.2% |
| Others | 46.1 | 3.5 | 1.1 | 0.3 | -81.3% |
| Total | 83.8 | 34.3 | 29.2 | 20.0 | -38.0% |
Top Export Markets for Cereals; Barley, Other than Seed from Belgium in 2022:
- Netherlands (49.3K tons)
- France (7.5K tons)
- Germany (4.1K tons)
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