Price for Cereals; Barley, Other than Seed in Japan - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Japan (CIF) - 2024
- Price for Cereals; Barley, Other than Seed in Japan (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in Japan
- Exports of Cereals; Barley, Other than Seed in Japan
Price for Cereals; Barley, Other than Seed in Japan (CIF) - 2024
The average import price for cereals; barley, other than seeds stood at $306 per ton in July 2023, declining by -7.3% against the previous month. Overall, the import price showed a pronounced descent. The most prominent rate of growth was recorded in June 2023 an increase of 3.3% m-o-m. Over the period under review, average import prices reached the maximum at $345 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Canada ($1,013 per ton), while the price for Australia stood at $305 per ton.
From April 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+28.4%).
Price for Cereals; Barley, Other than Seed in Japan (FOB) - 2022
In 2022, the average export price for cereals; barley, other than seeds amounted to $5,144 per ton, with a decrease of -7% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. The export price peaked at $14,098 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,786 per ton), while the average price for exports to Hong Kong SAR ($3,732 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Barley, Other than Seed in Japan
Cereals; barley, other than seed imports into Japan expanded remarkably to 2.5M tons in 2022, picking up by 7.6% against 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, other than seed imports soared to $879M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 increased by +45.1% against 2020 indices. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 176 | 146 | 297 | 404 | 31.9% |
| Canada | 87.6 | 145 | 19.0 | 27.0 | -32.5% |
| United States | 20.2 | 12.4 | 8.0 | 8.0 | -26.6% |
| Germany | 23.1 | 0.2 | N/A | N/A | -99.1% |
| Romania | 16.1 | N/A | N/A | N/A | 0% |
| Others | 323 | 303 | 324 | 440 | 10.9% |
| Total | 645 | 606 | 649 | 879 | 10.9% |
Top Suppliers of Cereals; Barley, Other than Seed to Japan in 2022:
- Australia (1159.1K tons)
- Canada (62.3K tons)
- United States (13.8K tons)
Exports of Cereals; Barley, Other than Seed in Japan
In 2022, shipments abroad of cereals; barley, other than seeds was finally on the rise to reach 36 tons after two years of decline. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, other than seed exports soared to $187K in 2022. Over the period under review, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Barley, Other than Seed in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.8 | 10.0 | 26.9 | 63.6 | 86.5% |
| Hong Kong SAR | 25.4 | 39.6 | 28.4 | 18.7 | -9.7% |
| United States | N/A | N/A | 2.9 | 9.6 | 231.0% |
| Vietnam | N/A | N/A | N/A | 1.6 | 0% |
| Thailand | 47.2 | 12.0 | N/A | N/A | -74.6% |
| Singapore | 3.8 | 3.0 | N/A | N/A | -21.1% |
| Others | 90.1 | 64.6 | 58.2 | 93.5 | 1.2% |
| Total | 176 | 129 | 116 | 187 | 2.0% |
Top Export Markets for Cereals; Barley, Other than Seed from Japan in 2022:
- Taiwan (Chinese) (11.0 tons)
- Hong Kong SAR (5.0 tons)
- United States (1.9 tons)
- Vietnam (0.3 tons)
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