Price for Cereals; Barley, Other than Seed in Luxembourg - 2023
Contents:
- Price for Cereals; Barley, Other than Seed in Luxembourg (FOB) - 2023
- Price for Cereals; Barley, Other than Seed in Luxembourg (CIF) - 2022
- Exports of Cereals; Barley, Other than Seed in Luxembourg
- Imports of Cereals; Barley, Other than Seed in Luxembourg
Price for Cereals; Barley, Other than Seed in Luxembourg (FOB) - 2023
In July 2023, the average export price for cereals; barley, other than seeds amounted to $218 per ton, shrinking by -11.5% against the previous month. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in February 2023 an increase of 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $409 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Belgium ($230 per ton), while the average price for exports to Germany amounted to $218 per ton.
From December 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.5%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Barley, Other than Seed in Luxembourg (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $307 per ton, with an increase of 25% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, other than seed import price decreased by -27.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 132% against the previous year. As a result, import price attained the peak level of $422 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Belgium ($752 per ton), while the price for the Netherlands ($246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Barley, Other than Seed in Luxembourg
For the third consecutive year, Luxembourg recorded decline in shipments abroad of cereals; barley, other than seeds, which decreased by -38.1% to 4.3K tons in 2022. In general, exports recorded a precipitous descent. The smallest decline of -29.6% was in 2021.
In value terms, cereals; barley, other than seed exports declined to $1.5M in 2022. Over the period under review, exports faced a dramatic contraction. The smallest decline of -12.2% was in 2021.
| Export of Cereals; Barley, Other than Seed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,346 | 1,215 | 1,489 | 1,065 | -7.5% |
| Netherlands | 342 | 317 | 88.3 | 243 | -10.8% |
| Belgium | 407 | 383 | 105 | 135 | -30.8% |
| Others | 2,096 | N/A | N/A | 22.0 | -78.1% |
| Total | 4,191 | 1,915 | 1,682 | 1,465 | -29.6% |
Top Export Markets for Cereals; Barley, Other than Seed from Luxembourg in 2022:
- Germany (3.1K tons)
- Netherlands (0.8K tons)
- Belgium (0.4K tons)
Imports of Cereals; Barley, Other than Seed in Luxembourg
After two years of decline, purchases abroad of cereals; barley, other than seeds increased by 25% to 3.2K tons in 2022. Overall, imports, however, saw a abrupt descent.
In value terms, cereals; barley, other than seed imports surged to $992K in 2022. In general, imports, however, faced a abrupt decrease.
| Import of Cereals; Barley, Other than Seed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 221 | 277 | 242 | 697 | 46.6% |
| France | 418 | 350 | 270 | 208 | -20.8% |
| Netherlands | 49.8 | 24.7 | 52.0 | 47.8 | -1.4% |
| Belgium | 114 | 34.5 | 68.9 | 36.9 | -31.3% |
| Others | 826 | 1.0 | 1.0 | 1.2 | -88.7% |
| Total | 1,629 | 687 | 634 | 992 | -15.2% |
Top Suppliers of Cereals; Barley, Other than Seed to Luxembourg in 2022:
- Germany (2227.2 tons)
- France (758.8 tons)
- Netherlands (193.8 tons)
- Belgium (49.1 tons)
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