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

Contents:

  1. Price for Cereals; Millet, Other than Seed in Greece (CIF) - 2022
  2. Price for Cereals; Millet, Other than Seed in Greece (FOB) - 2022
  3. Imports of Cereals; Millet, Other than Seed in Greece
  4. Exports of Cereals; Millet, Other than Seed in Greece

Price for Cereals; Millet, Other than Seed in Greece (CIF) - 2022

In 2022, the average import price for cereals; millet, other than seeds amounted to $466 per ton, increasing by 8.7% against the previous year. Overall, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, import price attained the peak level of $882 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($557 per ton), while the price for Poland ($420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Millet, Other than Seed in Greece (FOB) - 2022

The average export price for cereals; millet, other than seeds stood at $1,723 per ton in 2022, picking up by 57% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $3,684 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to +26.7% per year.

Imports of Cereals; Millet, Other than Seed in Greece

In 2022, the amount of cereals; millet, other than seeds imported into Greece skyrocketed to 978 tons, picking up by 49% compared with 2021 figures. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 173%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereals; millet, other than seed imports soared to $456K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 135%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Cereals; Millet, Other than Seed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine43.932212728987.4%
Bulgaria46.089.589.782.821.6%
Poland12.20.28.958.969.0%
Russia29.86.44.51.2-65.7%
Austria7.6N/A0.3N/A-80.1%
Romania7.8N/A17.1N/A48.1%
Others45.736.434.624.2-19.1%
Total19345428245633.2%

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

  1. Ukraine (664.5 tons)
  2. Bulgaria (148.8 tons)
  3. Poland (140.0 tons)
  4. Russia (0.9 tons)

Exports of Cereals; Millet, Other than Seed in Greece

In 2022, exports of cereals; millet, other than seeds from Greece declined significantly to 502 kg, which is down by -75.5% compared with 2021 figures. Over the period under review, exports continue to indicate a precipitous curtailment.

In value terms, cereals; millet, other than seed exports reduced markedly to $865 in 2022. Overall, exports faced a dramatic contraction.

Export of Cereals; Millet, Other than Seed in Greece (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
CyprusN/A0.90%
North Macedonia2.0N/A0%
Germany0.2N/A0%
OthersN/AN/A0%
Total2.20.9-59.1%

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

  1. Cyprus (502.0 kg)

Source: IndexBox Market Intelligence Platform

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