Price for Cereals; Millet, Other than Seed in Switzerland - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Switzerland (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Switzerland (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Switzerland
- Exports of Cereals; Millet, Other than Seed in Switzerland
Price for Cereals; Millet, Other than Seed in Switzerland (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $895 per ton in 2022, falling by -6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 19%. As a result, import price reached the peak level of $959 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,651 per ton), while the price for Russia ($374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Switzerland (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $4,977 per ton, growing by 7.7% against the previous year. Over the period under review, the export price recorded a perceptible expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +140.5% per year.
Imports of Cereals; Millet, Other than Seed in Switzerland
In 2022, supplies from abroad of cereals; millet, other than seeds decreased by -4.7% to 1.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; millet, other than seed imports reduced to $1.4M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 60% against the previous year.
| Import of Cereals; Millet, Other than Seed in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.2 | 430 | 357 | 488 | 1246.3% |
| Austria | 502 | 305 | 604 | 259 | -19.8% |
| France | 116 | 58.7 | 99.4 | 164 | 12.2% |
| Netherlands | 103 | 104 | 198 | 158 | 15.3% |
| Hungary | 4.6 | 148 | 63.3 | 103 | 181.9% |
| Czech Republic | N/A | N/A | 14.8 | 81.8 | 452.7% |
| Germany | 111 | 216 | 97.2 | 63.8 | -16.9% |
| Romania | N/A | 90.1 | N/A | N/A | 0% |
| Others | 70.1 | 99.7 | 166 | 105 | 14.4% |
| Total | 906 | 1,452 | 1,599 | 1,422 | 16.2% |
Top Suppliers of Cereals; Millet, Other than Seed to Switzerland in 2022:
- Ukraine (796.9 tons)
- Austria (242.5 tons)
- France (207.7 tons)
- Czech Republic (96.0 tons)
- Hungary (66.0 tons)
- Netherlands (59.5 tons)
- Germany (57.2 tons)
Exports of Cereals; Millet, Other than Seed in Switzerland
After three years of growth, shipments abroad of cereals; millet, other than seeds decreased by -99.9% to 43 kg in 2022. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,156%. As a result, the exports reached the peak of 42 tons, and then fell sharply in the following year.
In value terms, cereals; millet, other than seed exports dropped notably to $214 in 2022. Overall, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,369%. As a result, the exports reached the peak of $195K, and then declined sharply in the following year.
| Export of Cereals; Millet, Other than Seed in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.3 | 18.6 | 0.2 | 0.0% |
| France | 0.1 | 1.4 | 164 | N/A | 3949.7% |
| Belgium | 11.0 | 11.7 | 12.0 | N/A | 4.4% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 11.2 | 13.3 | 195 | 0.2 | -73.9% |
Top Export Markets for Cereals; Millet, Other than Seed from Switzerland in 2022:
- Germany (43.0 kg)
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