Price for Cereals; Barley, Other than Seed in China - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in China (CIF) - 2024
- Price for Cereals; Barley, Other than Seed in China (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in China
- Exports of Cereals; Barley, Other than Seed in China
Price for Cereals; Barley, Other than Seed in China (CIF) - 2024
In September 2023, the average import price for cereals; barley, other than seeds amounted to $299 per ton, with a decrease of -2.3% against the previous month. In general, the import price saw a noticeable downturn. As a result, import price reached the peak level of $361 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($384 per ton), while the price for Ukraine ($209 per ton) was amongst the lowest.
From May 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Barley, Other than Seed in China (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $1,786 per ton in 2022, with a decrease of -12.8% against the previous year. In general, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2017 an increase of 828%. The export price peaked at $2,047 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,407 per ton), while the average price for exports to Hong Kong SAR ($1,536 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 Canada (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Barley, Other than Seed in China
In 2022, the amount of cereals; barley, other than seeds imported into China fell markedly to 5.8M tons, dropping by -53.8% on the previous year's figure. Overall, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 54%. As a result, imports reached the peak of 12M tons, and then shrank notably in the following year.
In value terms, cereals; barley, other than seed imports declined rapidly to $2.1B in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $3.6B, and then declined notably in the following year.
Import of Cereals; Barley, Other than Seed in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 14.9 | 92.2 | 501 | 845 | 284.2% |
Canada | 406 | 489 | 1,004 | 638 | 16.3% |
France | 282 | 402 | 1,052 | 360 | 8.5% |
Ukraine | 190 | 505 | 917 | 78.7 | -25.5% |
Uruguay | N/A | N/A | 26.1 | 56.7 | 117.2% |
Kazakhstan | 5.9 | 25.3 | 23.2 | 53.4 | 108.4% |
Australia | 662 | 363 | N/A | N/A | -45.2% |
Others | 1,561 | 3.7 | 34.2 | 20.6 | -76.4% |
Total | 3,123 | 1,880 | 3,558 | 2,052 | -13.1% |
Top Suppliers of Cereals; Barley, Other than Seed to China in 2022:
- Argentina (2388.8K tons)
- Canada (1731.0K tons)
- France (983.6K tons)
- Ukraine (246.6K tons)
- Kazakhstan (187.1K tons)
- Uruguay (157.8K tons)
Exports of Cereals; Barley, Other than Seed in China
For the third consecutive year, China recorded decline in overseas shipments of cereals; barley, other than seeds, which decreased by -31.7% to 17 tons in 2022. Overall, exports saw a significant curtailment.
In value terms, cereals; barley, other than seed exports fell significantly to $29K in 2022. In general, exports recorded a sharp decrease. The smallest decline of -11.9% was in 2021.
Export of Cereals; Barley, Other than Seed in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 70.0 | 45.1 | 28.6 | 21.1 | -33.0% |
Hong Kong SAR | 8.4 | 10.3 | 7.9 | 6.9 | -6.3% |
Canada | N/A | N/A | 13.0 | 1.5 | -88.5% |
Russia | 44.9 | N/A | N/A | N/A | 0% |
Malaysia | 4.5 | N/A | N/A | N/A | 0% |
Others | 130 | 0.8 | N/A | N/A | -99.4% |
Total | 257 | 56.1 | 49.5 | 29.5 | -51.4% |
Top Export Markets for Cereals; Barley, Other than Seed from China in 2022:
- United States (11.4 tons)
- Hong Kong SAR (4.5 tons)
- Canada (0.6 tons)
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