Price for Cereals; Barley, Other than Seed in Finland - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Finland (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in Finland (FOB) - 2023
- Imports of Cereals; Barley, Other than Seed in Finland
- Exports of Cereals; Barley, Other than Seed in Finland
Price for Cereals; Barley, Other than Seed in Finland (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $425 per ton in 2022, jumping by 62% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 412%. The import price peaked at $3,037 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Sweden ($690 per ton), while the price for the UK ($266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Barley, Other than Seed in Finland (FOB) - 2023
In July 2023, the average export price for cereals; barley, other than seeds amounted to $306 per ton, picking up by 31% against the previous month. In general, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in April 2023 when the average export price increased by 32% month-to-month. As a result, the export price reached the peak level of $469 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From December 2022 to July 2023, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per month.
Imports of Cereals; Barley, Other than Seed in Finland
In 2022, approx. 83K tons of cereals; barley, other than seeds were imported into Finland; picking up by 195% against the previous year. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 133,380% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, cereals; barley, other than seed imports skyrocketed to $35M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 49,822%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Cereals; Barley, Other than Seed in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 0.8 | 11.5 | 1337.5% |
| Estonia | N/A | N/A | 5.0 | 8.4 | 68.0% |
| Denmark | N/A | N/A | 0.7 | 7.5 | 971.4% |
| Sweden | N/A | N/A | N/A | 2.5 | 0% |
| United Kingdom | N/A | N/A | N/A | 2.2 | 0% |
| Poland | N/A | N/A | N/A | 0.6 | 0% |
| Lithuania | N/A | N/A | 0.9 | 0.1 | -88.9% |
| Others | 0.1 | N/A | N/A | 2.7 | 200.0% |
| Total | 0.1 | N/A | 7.4 | 35.4 | 607.4% |
Top Suppliers of Cereals; Barley, Other than Seed to Finland in 2022:
- Estonia (28.9K tons)
- Denmark (21.3K tons)
- Germany (18.9K tons)
- United Kingdom (8.1K tons)
- Sweden (3.6K tons)
- Poland (1.6K tons)
- Lithuania (0.2K tons)
Exports of Cereals; Barley, Other than Seed in Finland
In 2022, shipments abroad of cereals; barley, other than seeds decreased by -96.9% to 2.2K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. As a result, the exports attained the peak of 166K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; barley, other than seed exports declined significantly to $769K in 2022. Overall, exports recorded a dramatic decrease. The smallest decline of -35.9% was in 2020.
| Export of Cereals; Barley, Other than Seed in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 5.0 | 5.6 | 2.1 | 0.8 | -45.7% |
| Spain | 2.8 | 5.5 | N/A | N/A | 96.4% |
| Germany | 2.9 | 5.2 | 2.2 | N/A | -12.9% |
| Morocco | N/A | 5.9 | N/A | N/A | 0% |
| Denmark | 0.8 | 2.4 | 3.5 | N/A | 109.2% |
| Tunisia | N/A | N/A | 6.7 | N/A | 0% |
| Netherlands | 0.3 | 3.9 | 1.1 | N/A | 91.5% |
| Saudi Arabia | 11.5 | N/A | N/A | N/A | 0% |
| Others | 27.4 | 4.0 | 1.8 | N/A | -74.4% |
| Total | 50.6 | 32.5 | 17.3 | 0.8 | -74.9% |
Top Export Markets for Cereals; Barley, Other than Seed from Finland in 2022:
- Sweden (2139.3 tons)
- Netherlands (9.3 tons)
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