Price for Cereals; Barley, Other than Seed in Spain - 2024

Contents:

  1. Price for Cereals; Barley, Other than Seed in Spain (CIF) - 2024
  2. Price for Cereals; Barley, Other than Seed in Spain (FOB) - 2024
  3. Imports of Cereals; Barley, Other than Seed in Spain
  4. Exports of Cereals; Barley, Other than Seed in Spain

Price for Cereals; Barley, Other than Seed in Spain (CIF) - 2024

The average import price for cereals; barley, other than seeds stood at $256 per ton in August 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price saw a pronounced contraction. The growth pace was the most rapid in May 2023 when the average import price increased by 4% m-o-m. As a result, import price attained the peak level of $340 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($764 per ton), while the price for Bulgaria ($228 per ton) was amongst the lowest.

From March 2023 to August 2023, the most notable rate of growth in terms of prices was attained by France (-2.2%), while the prices for the other major suppliers experienced a decline.

Price for Cereals; Barley, Other than Seed in Spain (FOB) - 2024

The average export price for cereals; barley, other than seeds stood at $357 per ton in August 2023, dropping by -16.9% against the previous month. Over the period under review, the export price saw a perceptible reduction. The growth pace was the most rapid in July 2023 when the average export price increased by 9.6% m-o-m. Over the period under review, the average export prices hit record highs at $436 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 overseas markets. In August 2023, the country with the highest price was Portugal ($399 per ton), while the average price for exports to France totaled $354 per ton.

From March 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.3%).

Imports of Cereals; Barley, Other than Seed in Spain

In 2022, approx. 1.3M tons of cereals; barley, other than seeds were imported into Spain; jumping by 148% compared with 2021 figures. Overall, imports saw a measured increase. 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 $443M in 2022. In general, imports, however, showed a slight descent.

Import of Cereals; Barley, Other than Seed in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine63.25.68.515234.0%
France35.850.861.111748.4%
United Kingdom76.016.515.695.78.0%
Germany4.80.124.827.278.3%
EstoniaN/AN/AN/A25.00%
Romania27.1N/A12.015.8-16.5%
Bulgaria6.1N/A16.4N/A64.0%
Others2527.79.210.4-65.4%
Total46580.8147443-1.6%

Top Suppliers of Cereals; Barley, Other than Seed to Spain in 2022:

  1. Ukraine (470.9K tons)
  2. France (334.8K tons)
  3. United Kingdom (262.3K tons)
  4. Germany (86.3K tons)
  5. Estonia (76.1K tons)
  6. Romania (51.2K tons)

Exports of Cereals; Barley, Other than Seed in Spain

In 2022, the amount of cereals; barley, other than seeds exported from Spain contracted notably to 118K tons, waning by -60% on the year before. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 199% against the previous year. As a result, the exports attained the peak of 295K tons, and then fell significantly in the following year.

In value terms, cereals; barley, other than seed exports contracted significantly to $48M in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 229%. As a result, the exports attained the peak of $80M, and then declined sharply in the following year.

Export of Cereals; Barley, Other than Seed in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia6.5N/A0.821.448.8%
Portugal10.09.727.610.20.7%
France12.25.310.24.5-28.3%
TurkeyN/AN/AN/A4.40%
FinlandN/AN/AN/A2.70%
Belgium1.92.22.31.5-7.6%
Greece4.3N/A1.21.3-32.9%
MoroccoN/A7.27.21.0-62.7%
AlgeriaN/AN/A27.1N/A0%
Others40.6N/A3.80.8-73.0%
Total75.524.480.147.8-14.1%

Top Export Markets for Cereals; Barley, Other than Seed from Spain in 2022:

  1. Tunisia (50.0K tons)
  2. Portugal (27.2K tons)
  3. Turkey (11.4K tons)
  4. France (10.6K tons)
  5. Finland (7.1K tons)
  6. Belgium (3.5K tons)
  7. Morocco (3.2K tons)
  8. Greece (3.0K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; barley, other than seed - Spain