Price for Cereals; Barley, Other than Seed in Serbia - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in Serbia (FOB) - 2024
- Price for Cereals; Barley, Other than Seed in Serbia (CIF) - 2022
- Exports of Cereals; Barley, Other than Seed in Serbia
- Imports of Cereals; Barley, Other than Seed in Serbia
Price for Cereals; Barley, Other than Seed in Serbia (FOB) - 2024
In August 2023, the average export price for cereals; barley, other than seeds amounted to $189 per ton, stabilizing at the previous month. Over the period under review, the export price saw a deep contraction. As a result, the export price reached the peak level of $264 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Croatia ($312 per ton), while the average price for exports to Romania ($163 per ton) was amongst the lowest.
From April 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+26.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Barley, Other than Seed in Serbia (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $391 per ton in 2022, with an increase of 43% against the previous year. Over the period under review, the import price recorded a mild increase. Over the period under review, average import prices reached the maximum at $1,240 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($504 per ton), while the price for Croatia ($387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Barley, Other than Seed in Serbia
In 2022, after three years of growth, there was decline in overseas shipments of cereals; barley, other than seeds, when their volume decreased by -3.2% to 239K tons. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 84% against the previous year.
In value terms, cereals; barley, other than seed exports surged to $77M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Cereals; Barley, Other than Seed in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 0.2 | 10.4 | 21.4 | 27.4 | 415.5% |
Italy | 1.7 | 0.5 | 0.4 | 4.0 | 33.0% |
Bosnia and Herzegovina | 3.0 | 1.0 | 2.5 | 2.8 | -2.3% |
Croatia | 0.2 | 2.0 | 3.3 | 2.4 | 128.9% |
North Macedonia | 0.8 | 0.2 | 0.1 | 0.6 | -9.1% |
Albania | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
Hungary | 2.1 | N/A | N/A | N/A | 0% |
Others | 9.6 | 15.7 | 29.5 | 39.0 | 59.6% |
Total | 18.4 | 30.6 | 57.8 | 76.6 | 60.9% |
Top Export Markets for Cereals; Barley, Other than Seed from Serbia in 2022:
- Romania (82.9K tons)
- Italy (13.2K tons)
- Bosnia and Herzegovina (9.5K tons)
- Croatia (8.6K tons)
- North Macedonia (1.9K tons)
- Albania (1.6K tons)
Imports of Cereals; Barley, Other than Seed in Serbia
In 2022, supplies from abroad of cereals; barley, other than seeds was finally on the rise to reach 22K tons after two years of decline. In general, imports recorded significant growth. 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 surged to $8.4M in 2022. Overall, imports recorded a significant expansion. 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 Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | N/A | 651 | N/A | 3,977 | 147.2% |
Austria | 25.0 | 29.3 | 28.0 | 194 | 98.0% |
Slovakia | N/A | 76.7 | 47.4 | 39.5 | -28.2% |
Hungary | N/A | 0.5 | 287 | N/A | 57300.0% |
France | 1,274 | N/A | N/A | N/A | 0% |
Others | 1,303 | 765 | 372 | 4,218 | 47.9% |
Total | 2,602 | 1,522 | 735 | 8,428 | 48.0% |
Top Suppliers of Cereals; Barley, Other than Seed to Serbia in 2022:
- Croatia (10.3K tons)
- Austria (0.4K tons)
- Slovakia (0.1K tons)
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