Price for Cereals; Barley, Other than Seed in Estonia - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Estonia (FOB) - 2024
- Price for Cereals; Barley, Other than Seed in Estonia (CIF) - 2024
- Exports of Cereals; Barley, Other than Seed in Estonia
- Imports of Cereals; Barley, Other than Seed in Estonia
Price for Cereals; Barley, Other than Seed in Estonia (FOB) - 2024
In August 2023, the average export price for cereals; barley, other than seeds amounted to $244 per ton, remaining stable against the previous month. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 6.9% against the previous month. Over the period under review, the average export prices attained the peak figure at $278 per ton in March 2023; however, from April 2023 to August 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From March 2023 to August 2023, the rate of growth in terms of prices for Turkey amounted to 0.0% per month.
Price for Cereals; Barley, Other than Seed in Estonia (CIF) - 2024
The average import price for cereals; barley, other than seeds stood at $228 per ton in August 2023, with a decrease of -16.9% against the previous month. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in April 2023 when the average import price increased by 26% against the previous month. As a result, import price attained the peak level of $424 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Lithuania ($241 per ton), while the price for Latvia stood at $214 per ton.
From March 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Barley, Other than Seed in Estonia
In 2022, overseas shipments of cereals; barley, other than seeds were finally on the rise to reach 239K tons after two years of decline. Over the period under review, exports, however, recorded a precipitous decrease.
In value terms, cereals; barley, other than seed exports surged to $74M in 2022. Overall, exports, however, saw a abrupt slump.
Export of Cereals; Barley, Other than Seed in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 20.3 | 0% |
Saudi Arabia | 46.6 | 26.8 | 33.1 | 19.8 | -24.8% |
Spain | N/A | N/A | N/A | 17.4 | 0% |
Finland | N/A | N/A | 5.0 | 8.7 | 74.0% |
Netherlands | N/A | 3.8 | N/A | 7.0 | 35.7% |
Morocco | N/A | 3.5 | 9.9 | N/A | 182.9% |
United Arab Emirates | 9.6 | N/A | N/A | N/A | 0% |
Algeria | N/A | 22.0 | 6.4 | N/A | -70.9% |
Others | 60.4 | 1.2 | 1.5 | 1.1 | -73.7% |
Total | 117 | 57.3 | 55.9 | 74.2 | -14.1% |
Top Export Markets for Cereals; Barley, Other than Seed from Estonia in 2022:
- Saudi Arabia (64.6K tons)
- Turkey (62.2K tons)
- Spain (55.5K tons)
- Finland (28.2K tons)
- Netherlands (25.2K tons)
Imports of Cereals; Barley, Other than Seed in Estonia
In 2022, approx. 2.2K tons of cereals; barley, other than seeds were imported into Estonia; which is down by -8.8% compared with 2021. In general, imports faced a sharp setback.
In value terms, cereals; barley, other than seed imports soared to $699K in 2022. Overall, imports recorded a dramatic downturn.
Import of Cereals; Barley, Other than Seed in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 169 | 7.9 | 90.4 | 343 | 26.6% |
Lithuania | 719 | 596 | 372 | 234 | -31.2% |
Germany | N/A | 0.1 | 2.9 | 122 | 3392.8% |
Sweden | 593 | N/A | N/A | N/A | 0% |
Finland | 1,288 | 907 | 112 | N/A | -70.5% |
Others | 2,771 | 18.2 | 2.9 | N/A | -96.8% |
Total | 5,541 | 1,530 | 580 | 699 | -49.8% |
Top Suppliers of Cereals; Barley, Other than Seed to Estonia in 2022:
- Latvia (1201.7 tons)
- Lithuania (780.8 tons)
- Germany (193.4 tons)
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