Price for Cereals; Millet, Other than Seed in Norway - 2024
Contents:
- Price for Cereals; Millet, Other than Seed in Norway (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Norway (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Norway
- Exports of Cereals; Millet, Other than Seed in Norway
Price for Cereals; Millet, Other than Seed in Norway (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $1,671 per ton in 2022, surging by 6.6% against the previous year. Over the period under review, the import price showed a temperate expansion. The most prominent rate of growth was recorded in 2021 an increase of 94% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 China ($6,024 per ton), while the price for Ukraine ($833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Norway (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $3,067 per ton in 2022, increasing by 4.9% against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2021 an increase of 147% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($6,902 per ton), while the average price for exports to Sweden totaled $2,419 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+17.5%).
Imports of Cereals; Millet, Other than Seed in Norway
For the third consecutive year, Norway recorded decline in supplies from abroad of cereals; millet, other than seeds, which decreased by -20.8% to 22 tons in 2022. Over the period under review, imports saw a precipitous decrease.
In value terms, cereals; millet, other than seed imports contracted sharply to $37K in 2022. In general, imports faced a significant decline. The smallest decline of -14% was in 2020.
| Import of Cereals; Millet, Other than Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.9 | 3.0 | 2.6 | 6.1 | 89.2% |
| Ukraine | 0.7 | 0.9 | 0.4 | 6.0 | 104.7% |
| Denmark | 2.2 | 2.5 | 1.3 | 5.5 | 35.7% |
| China | 7.4 | 5.9 | 0.9 | 5.4 | -10.0% |
| Poland | 12.9 | 7.0 | 2.3 | 4.3 | -30.7% |
| Sweden | 7.7 | 9.1 | 1.6 | 2.8 | -28.6% |
| Latvia | 0.8 | 0.4 | 0.1 | 2.3 | 42.2% |
| Russia | 1.4 | 1.5 | 0.3 | 1.9 | 10.7% |
| United States | 98.4 | 69.1 | 18.2 | N/A | -57.0% |
| Others | 37.9 | 47.3 | 15.8 | 2.6 | -59.1% |
| Total | 170 | 147 | 43.5 | 36.8 | -40.0% |
Top Suppliers of Cereals; Millet, Other than Seed to Norway in 2022:
- Ukraine (7.1 tons)
- India (4.2 tons)
- Poland (3.1 tons)
- Latvia (2.0 tons)
- Russia (1.7 tons)
- Denmark (1.6 tons)
- China (0.9 tons)
- Sweden (0.7 tons)
Exports of Cereals; Millet, Other than Seed in Norway
In 2022, approx. 914 kg of cereals; millet, other than seeds were exported from Norway; picking up by 12% against the previous year. Overall, exports, however, recorded a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 219% against the previous year.
In value terms, cereals; millet, other than seed exports skyrocketed to $2.8K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 688%.
| Export of Cereals; Millet, Other than Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.0 | N/A | 0.8 | 1.9 | -14.1% |
| Denmark | 11.7 | 0.3 | 0.7 | 0.9 | -57.5% |
| Others | 0.5 | N/A | 0.9 | N/A | 34.2% |
| Total | 15.2 | 0.3 | 2.4 | 2.8 | -43.1% |
Top Export Markets for Cereals; Millet, Other than Seed from Norway in 2022:
- Sweden (782.0 kg)
- Denmark (132.0 kg)
616
This report provides an in-depth analysis of the millet market in Norway.
790
This report provides an in-depth analysis of the buckwheat market in Norway.
584
This report provides an in-depth analysis of the canary seed market in Norway.
769
This report provides an in-depth analysis of the fonio market in Norway.
527
This report provides an in-depth analysis of the quinoa market in Norway.
535
This report provides an in-depth analysis of the triticale market in Norway.
573
This report provides an in-depth analysis of the cereal market in Norway.
624
This report provides an in-depth analysis of the grain market in Norway.
493
This report provides an in-depth analysis of the grain market in Norway.
3538
This report provides an in-depth analysis of the global millet market.
5660
Global millet consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
2808
In 2015, the country with the largest volume of the millet output was India (X thousand tons), accounting for X% of global production.
1896
The U.S. continues its dominance in the global millet trade. In 2014, the U.S. exported X thousand tons of millet totaling X million USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% of its total millet
902
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6743
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3213
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3197
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2262
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
3665
In 2015, gross yield of buckwheat in the world increased after the fall of 2013-2014. Production volumes are increasing in Russia, as well as in China, together accounting for two thirds of global production. According to e
1852
The Mongozo Buckwheat White recently won gold at the World Beer Awards in London. Brewed with unique ingredients, the Buckwheat White is praised for its fresh and fruity aroma and smooth aftertaste. Most importantly, it is gluten-free, and is, therefor
