Price for Cereals; Barley, Other than Seed in India - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in India (CIF) - 2024
- Price for Cereals; Barley, Other than Seed in India (FOB) - 2024
- Imports of Cereals; Barley, Other than Seed in India
- Exports of Cereals; Barley, Other than Seed in India
Price for Cereals; Barley, Other than Seed in India (CIF) - 2024
The average import price for cereals; barley, other than seeds stood at $363 per ton in July 2023, approximately reflecting the previous month. In general, the import price showed a abrupt setback. As a result, import price reached the peak level of $577 per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was France ($509 per ton), while the price for Denmark totaled $358 per ton.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (0.0%).
Price for Cereals; Barley, Other than Seed in India (FOB) - 2024
In July 2023, the average export price for cereals; barley, other than seeds amounted to $367 per ton, jumping by 21% against the previous month. Over the period under review, the export price, however, recorded a deep setback. Over the period under review, the average export prices attained the maximum at $493 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,926 per ton), while the average price for exports to the United Arab Emirates ($228 per ton) was amongst the lowest.
From March 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Barley, Other than Seed in India
After two years of decline, overseas purchases of cereals; barley, other than seeds increased by 944% to 334K tons in 2022. In general, imports, however, saw a abrupt downturn.
In value terms, cereals; barley, other than seed imports soared to $159M in 2022. Over the period under review, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Barley, Other than Seed in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 32.2 | 15.5 | N/A | 47.3 | 13.7% |
| France | 23.9 | 2.4 | 6.5 | 27.1 | 4.3% |
| Uruguay | N/A | N/A | N/A | 3.7 | 0% |
| Australia | N/A | N/A | 0.2 | 1.4 | 600.0% |
| Denmark | 7.6 | 0.3 | N/A | N/A | -96.1% |
| Others | 63.8 | 18.3 | 6.9 | 79.5 | 7.6% |
| Total | 128 | 36.5 | 13.6 | 159 | 7.5% |
Top Suppliers of Cereals; Barley, Other than Seed to India in 2022:
- Argentina (93.1K tons)
- France (60.8K tons)
- Uruguay (10.5K tons)
- Australia (2.6K tons)
Exports of Cereals; Barley, Other than Seed in India
Cereals; barley, other than seed exports from India stood at 3.4K tons in 2022, with an increase of 7.5% compared with the year before. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, cereals; barley, other than seed exports surged to $2M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Barley, Other than Seed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 203 | 318 | 345 | 468 | 32.1% |
| Malaysia | 2.1 | 4.7 | 2.4 | 164 | 327.4% |
| Nepal | 69.8 | 67.4 | 127 | 91.6 | 9.5% |
| Bangladesh | N/A | N/A | N/A | 38.0 | 0% |
| Thailand | N/A | 1.8 | 0.1 | 32.5 | 324.9% |
| Qatar | 10.2 | 11.0 | 15.4 | 26.8 | 38.0% |
| United Arab Emirates | 22.1 | 6.8 | 24.6 | 25.2 | 4.5% |
| Sri Lanka | 9.2 | 10.7 | 32.1 | 20.5 | 30.6% |
| Bahrain | 28.6 | 11.1 | 3.1 | 3.2 | -51.8% |
| Cambodia | N/A | N/A | 29.5 | N/A | 0% |
| Others | 513 | 577 | 818 | 1,093 | 28.7% |
| Total | 858 | 1,009 | 1,397 | 1,963 | 31.8% |
Top Export Markets for Cereals; Barley, Other than Seed from India in 2022:
- Vietnam (812.7 tons)
- Nepal (289.3 tons)
- Malaysia (222.4 tons)
- Bangladesh (120.8 tons)
- United Arab Emirates (62.1 tons)
- Thailand (48.0 tons)
- Sri Lanka (25.0 tons)
- Qatar (22.4 tons)
- Bahrain (4.4 tons)
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