Price for Cereals; Oats, Other than Seed in Canada - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in Canada (FOB) - 2022
- Price for Cereals; Oats, Other than Seed in Canada (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in Canada
- Imports of Cereals; Oats, Other than Seed in Canada
Price for Cereals; Oats, Other than Seed in Canada (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $368 per ton, surging by 38% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed export price increased by +74.0% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($377 per ton), while the average price for exports to the United States totaled $368 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in Canada (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $244 per ton in 2022, rising by 46% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed import price increased by +81.2% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($493 per ton), while the price for the United States stood at $181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (0.0%).
Exports of Cereals; Oats, Other than Seed in Canada
In 2022, overseas shipments of cereals; oats, other than seeds decreased by -23.1% to 1.2M tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 14%. As a result, the exports reached the peak of 2M tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; oats, other than seed exports expanded sharply to $455M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $455M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereals; Oats, Other than Seed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 339 | 346 | 365 | 441 | 9.2% |
| Japan | 10.4 | 11.1 | 12.4 | 4.7 | -23.3% |
| Peru | 6.9 | 11.5 | 4.6 | 2.1 | -32.7% |
| Mexico | 27.9 | 35.5 | 21.8 | N/A | -11.6% |
| Chile | N/A | 33.3 | 16.1 | N/A | -51.7% |
| Others | 21.1 | 18.2 | 10.1 | 7.2 | -30.1% |
| Total | 406 | 455 | 430 | 455 | 3.9% |
Top Export Markets for Cereals; Oats, Other than Seed from Canada in 2022:
- United States (1197.7K tons)
- Japan (12.6K tons)
- Peru (6.6K tons)
Imports of Cereals; Oats, Other than Seed in Canada
For the fourth year in a row, Canada recorded growth in supplies from abroad of cereals; oats, other than seeds, which increased by 43% to 28K tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports soared to $6.9M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 2.2 | 3.3 | 4.1 | 34.1% |
| Sweden | N/A | N/A | N/A | 2.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 2.2 | 3.3 | 6.9 | 59.5% |
Top Suppliers of Cereals; Oats, Other than Seed to Canada in 2022:
- United States (22.6K tons)
- Sweden (5.7K tons)
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