Price for Cereals; Millet, Other than Seed in Austria - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in Austria (FOB) - 2023
  2. Price for Cereals; Millet, Other than Seed in Austria (CIF) - 2023
  3. Exports of Cereals; Millet, Other than Seed in Austria
  4. Imports of Cereals; Millet, Other than Seed in Austria

Price for Cereals; Millet, Other than Seed in Austria (FOB) - 2023

In October 2023, the average export price for cereals; millet, other than seeds amounted to $699 per ton, reducing by -18.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 87% m-o-m. Over the period under review, the average export prices attained the maximum at $1,442 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.9% per month.

Price for Cereals; Millet, Other than Seed in Austria (CIF) - 2023

The average import price for cereals; millet, other than seeds stood at $407 per ton in October 2023, which is down by -33.4% against the previous month. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in July 2023 an increase of 463% against the previous month. As a result, import price attained the peak level of $3,955 per ton. From August 2023 to October 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From October 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to +15.6% per month.

Exports of Cereals; Millet, Other than Seed in Austria

After three years of growth, overseas shipments of cereals; millet, other than seeds decreased by -11% to 7K tons in 2022. Overall, exports recorded a mild contraction. The pace of growth was the most pronounced in 2021 when exports increased by 6.3% against the previous year. As a result, the exports attained the peak of 7.8K tons, and then fell in the following year.

In value terms, cereals; millet, other than seed exports fell modestly to $4.8M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of $5.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cereals; Millet, Other than Seed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,4354,2583,1923,231-2.0%
Italy29931173657724.5%
Switzerland3595411343590.0%
Netherlands16917657133325.4%
Hungary26316294.464.5-37.4%
Others1812162721983.0%
Total4,7065,6644,9994,7630.4%

Top Export Markets for Cereals; Millet, Other than Seed from Austria in 2022:

  1. Germany (4.7K tons)
  2. Italy (1.2K tons)
  3. Netherlands (0.5K tons)
  4. Switzerland (0.3K tons)
  5. Hungary (0.1K tons)

Imports of Cereals; Millet, Other than Seed in Austria

In 2022, after two years of decline, there was significant growth in overseas purchases of cereals; millet, other than seeds, when their volume increased by 8.1% to 1.7K tons. Overall, imports, however, saw a abrupt shrinkage.

In value terms, cereals; millet, other than seed imports surged to $1.8M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

Import of Cereals; Millet, Other than Seed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42371669283725.5%
PolandN/A106272713159.4%
Czech Republic139121137135-1.0%
Netherlands34.457914947.011.0%
Russia63.17.0N/A36.6-16.6%
SlovakiaN/A26.511018.7-16.0%
Hungary18111161.72.0-77.7%
Romania28490.3N/AN/A-68.2%
Ukraine48115734.0N/A-73.4%
Others19027.017.03.7-73.1%
Total1,7951,9411,4741,793-0.0%

Top Suppliers of Cereals; Millet, Other than Seed to Austria in 2022:

  1. Poland (706.6 tons)
  2. Germany (594.4 tons)
  3. Czech Republic (277.5 tons)
  4. Russia (65.8 tons)
  5. Slovakia (49.1 tons)
  6. Netherlands (22.0 tons)
  7. Hungary (6.4 tons)

Source: IndexBox Market Intelligence Platform

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