Price for Cereals; Barley, Other than Seed in Hungary - 2024

Contents:

  1. Price for Cereals; Barley, Other than Seed in Hungary (FOB) - 2024
  2. Price for Cereals; Barley, Other than Seed in Hungary (CIF) - 2022
  3. Exports of Cereals; Barley, Other than Seed in Hungary
  4. Imports of Cereals; Barley, Other than Seed in Hungary

Price for Cereals; Barley, Other than Seed in Hungary (FOB) - 2024

In August 2023, the average export price for cereals; barley, other than seeds amounted to $203 per ton, waning by -3.3% against the previous month. Overall, the export price continues to indicate a deep slump. The growth pace was the most rapid in May 2023 an increase of 0.6% month-to-month. As a result, the export price reached the peak level of $269 per ton. From June 2023 to August 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From March 2023 to August 2023, the rate of growth in terms of prices for Austria amounted to -4.6% per month.

Price for Cereals; Barley, Other than Seed in Hungary (CIF) - 2022

In 2022, the average import price for cereals; barley, other than seeds amounted to $288 per ton, growing by 43% against the previous year. Overall, the import price, however, recorded a slight curtailment. The import price peaked at $321 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Croatia ($365 per ton), while the price for Ukraine ($214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cereals; Barley, Other than Seed in Hungary

In 2022, exports of cereals; barley, other than seeds from Hungary shrank sharply to 526K tons, declining by -34.7% against the year before. Overall, exports saw a deep reduction. The smallest decline of -0.9% was in 2020.

In value terms, cereals; barley, other than seed exports declined to $158M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports reached the peak of $173M, and then contracted in the following year.

Export of Cereals; Barley, Other than Seed in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28.631.965.784.243.3%
Austria17.716.517.924.211.0%
Romania16.580.164.318.23.3%
Germany1.00.64.711.3124.4%
Slovakia4.23.14.85.811.4%
SwitzerlandN/AN/A1.65.0212.5%
Croatia0.10.46.44.9265.9%
Netherlands4.82.61.30.5-52.9%
Others78.64.55.84.4-61.7%
Total1521401731581.3%

Top Export Markets for Cereals; Barley, Other than Seed from Hungary in 2022:

  1. Italy (293.8K tons)
  2. Austria (71.4K tons)
  3. Romania (61.9K tons)
  4. Germany (31.0K tons)
  5. Croatia (18.0K tons)
  6. Slovakia (17.4K tons)
  7. Switzerland (15.7K tons)
  8. Netherlands (1.6K tons)

Imports of Cereals; Barley, Other than Seed in Hungary

In 2022, imports of cereals; barley, other than seeds into Hungary dropped notably to 30K tons, which is down by -41.2% on 2021. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 51K tons, and then fell significantly in the following year.

In value terms, cereals; barley, other than seed imports fell markedly to $8.6M in 2022. Overall, imports showed a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $10M, and then dropped significantly in the following year.

Import of Cereals; Barley, Other than Seed in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia0.73.15.13.672.6%
Romania0.20.51.52.6135.1%
UkraineN/AN/AN/A1.00%
Austria0.20.12.70.644.2%
Croatia0.10.30.40.458.7%
Czech RepublicN/AN/AN/A0.30%
France0.91.1N/AN/A22.2%
Serbia2.4N/AN/AN/A0%
Others4.5N/A0.4N/A-70.2%
Total8.95.110.28.6-1.1%

Top Suppliers of Cereals; Barley, Other than Seed to Hungary in 2022:

  1. Slovakia (12.8K tons)
  2. Romania (8.3K tons)
  3. Ukraine (4.9K tons)
  4. Austria (1.6K tons)
  5. Croatia (1.2K tons)
  6. Czech Republic (0.9K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; barley, other than seed - Hungary