Price for Cereals; Barley, Other than Seed in Ireland - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Ireland (CIF) - 2024
- Price for Cereals; Barley, Other than Seed in Ireland (FOB) - 2024
- Imports of Cereals; Barley, Other than Seed in Ireland
- Exports of Cereals; Barley, Other than Seed in Ireland
Price for Cereals; Barley, Other than Seed in Ireland (CIF) - 2024
In August 2023, the average import price for cereals; barley, other than seeds amounted to $258 per ton, with a decrease of -11.4% against the previous month. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in May 2023 an increase of 2.3% month-to-month. The import price peaked at $345 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($276 per ton), while the price for the UK totaled $258 per ton.
From March 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+189.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Barley, Other than Seed in Ireland (FOB) - 2024
The average export price for cereals; barley, other than seeds stood at $286 per ton in August 2023, falling by -13.8% against the previous month. Over the period under review, the export price faced a deep setback. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 15% against the previous month. The export price peaked at $553 per ton in March 2023; however, from April 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was France ($296 per ton), while the average price for exports to the UK amounted to $286 per ton.
From March 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-11.3%).
Imports of Cereals; Barley, Other than Seed in Ireland
In 2022, the amount of cereals; barley, other than seeds imported into Ireland expanded remarkably to 175K tons, increasing by 13% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 51% against the previous year. As a result, imports attained the peak of 206K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; barley, other than seed imports skyrocketed to $61M in 2022. In general, imports, however, saw a slight curtailment.
| Import of Cereals; Barley, Other than Seed in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 28.5 | 46.0 | 42.6 | 46.7 | 17.9% |
| France | 2.3 | N/A | 4.3 | 11.2 | 69.5% |
| Finland | N/A | 0.2 | 0.9 | 2.4 | 246.4% |
| Poland | N/A | N/A | N/A | 0.9 | 0% |
| Sweden | N/A | 3.3 | 0.8 | N/A | -75.8% |
| Others | 32.6 | 1.5 | N/A | 0.1 | -85.5% |
| Total | 63.4 | 50.9 | 48.6 | 61.3 | -1.1% |
Top Suppliers of Cereals; Barley, Other than Seed to Ireland in 2022:
- United Kingdom (133.1K tons)
- France (32.3K tons)
- Finland (6.6K tons)
- Poland (3.0K tons)
Exports of Cereals; Barley, Other than Seed in Ireland
For the third year in a row, Ireland recorded decline in overseas shipments of cereals; barley, other than seeds, which decreased by -4% to 26K tons in 2022. Overall, exports recorded a sharp reduction.
In value terms, cereals; barley, other than seed exports reached $8.1M in 2022. In general, exports saw a abrupt decline.
| Export of Cereals; Barley, Other than Seed in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.0 | 8.1 | 7.7 | 7.4 | 1.9% |
| Belgium | N/A | N/A | N/A | 0.7 | 0% |
| Others | 7.0 | N/A | N/A | N/A | 0% |
| Total | 14.0 | 8.2 | 7.7 | 8.1 | -16.7% |
Top Export Markets for Cereals; Barley, Other than Seed from Ireland in 2022:
- United Kingdom (23.2K tons)
- Belgium (3.0K tons)
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