Price for Cereals; Millet, Other than Seed in the Czech Republic - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in the Czech Republic (CIF) - 2023
  2. Price for Cereals; Millet, Other than Seed in the Czech Republic (FOB) - 2022
  3. Imports of Cereals; Millet, Other than Seed in the Czech Republic
  4. Exports of Cereals; Millet, Other than Seed in the Czech Republic

Price for Cereals; Millet, Other than Seed in the Czech Republic (CIF) - 2023

The average import price for cereals; millet, other than seeds stood at $354 per ton in October 2023, which is down by -10.4% against the previous month. In general, the import price recorded a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 203% against the previous month. As a result, import price attained the peak level of $2,350 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Poland ($405 per ton), while the price for Ukraine amounted to $337 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereals; Millet, Other than Seed in the Czech Republic (FOB) - 2022

In 2022, the average export price for cereals; millet, other than seeds amounted to $560 per ton, surging by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2019 an increase of 35%. The export price peaked at $687 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($1,628 per ton), while the average price for exports to Italy ($406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Millet, Other than Seed in the Czech Republic

In 2022, approx. 2.9K tons of cereals; millet, other than seeds were imported into the Czech Republic; rising by 101% on 2021 figures. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed imports soared to $1.8M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Millet, Other than Seed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1125413081,077112.7%
China22.7170145335145.3%
Ukraine325468247142-24.1%
Austria1235.6N/A102-6.0%
Germany57.696.187.093.317.4%
Slovakia10865.538.99.9-54.9%
Others65.838.82.43.0-64.3%
Total8141,3848281,76129.3%

Top Suppliers of Cereals; Millet, Other than Seed to the Czech Republic in 2022:

  1. Poland (2311.8 tons)
  2. Ukraine (357.4 tons)
  3. China (123.4 tons)
  4. Austria (105.4 tons)
  5. Germany (40.8 tons)
  6. Slovakia (8.8 tons)

Exports of Cereals; Millet, Other than Seed in the Czech Republic

In 2022, the amount of cereals; millet, other than seeds exported from the Czech Republic soared to 2.5K tons, jumping by 58% on 2021. Overall, exports, however, recorded a pronounced setback.

In value terms, cereals; millet, other than seed exports soared to $1.4M in 2022. Over the period under review, exports, however, showed a deep reduction.

Export of Cereals; Millet, Other than Seed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland587273182407-11.5%
Netherlands263534153173-13.0%
Belgium19815.417.4160-6.9%
Germany17230576.7155-3.4%
Italy94.429815514314.8%
Austria279163189143-20.0%
Slovakia88.791.377.11107.4%
Others10131721.71133.8%
Total1,7831,9988721,403-7.7%

Top Export Markets for Cereals; Millet, Other than Seed from the Czech Republic in 2022:

  1. Poland (783.7 tons)
  2. Germany (369.6 tons)
  3. Italy (352.8 tons)
  4. Belgium (314.4 tons)
  5. Austria (272.4 tons)
  6. Netherlands (271.7 tons)
  7. Slovakia (67.4 tons)

Source: IndexBox Market Intelligence Platform

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