Price for Cereals; Oats, Other than Seed in Serbia - 2024

Contents:

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

Price for Cereals; Oats, Other than Seed in Serbia (CIF) - 2022

In 2022, the average import price for cereals; oats, other than seeds amounted to $321 per ton, surging by 34% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. The import price peaked at $434 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($362 per ton) and Slovakia ($348 per ton), while the price for Croatia ($308 per ton) and Russia ($328 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Oats, Other than Seed in Serbia (FOB) - 2022

The average export price for cereals; oats, other than seeds stood at $310 per ton in 2022, picking up by 1.8% against the previous year. In general, the export price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $390 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($386 per ton) and Montenegro ($344 per ton), while the average price for exports to North Macedonia ($289 per ton) and Germany ($302 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Oats, Other than Seed in Serbia

In 2022, the amount of cereals; oats, other than seeds imported into Serbia skyrocketed to 3.6K tons, picking up by 65% against the previous year's figure. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126%. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cereals; oats, other than seed imports soared to $1.2M in 2022. In general, imports continue to indicate a buoyant increase.

Import of Cereals; Oats, Other than Seed in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia30.459.1110679181.6%
Russia56456.9N/A179-31.8%
Hungary10.713422.0175153.8%
Slovakia91.042.166.359.5-13.2%
Czech RepublicN/AN/AN/A51.10%
Bulgaria42.4928214N/A124.7%
RomaniaN/AN/A101N/A0%
Others28.511.09.28.3-33.7%
Total7671,2315221,15214.5%

Top Suppliers of Cereals; Oats, Other than Seed to Serbia in 2022:

  1. Croatia (2204.8 tons)
  2. Russia (544.2 tons)
  3. Hungary (521.1 tons)
  4. Slovakia (170.9 tons)
  5. Czech Republic (141.0 tons)

Exports of Cereals; Oats, Other than Seed in Serbia

In 2022, cereals; oats, other than seed exports from Serbia soared to 754 tons, rising by 47% compared with 2021. Over the period under review, exports recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, cereals; oats, other than seed exports soared to $234K in 2022. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Cereals; Oats, Other than Seed in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1240%
Montenegro87.171.038.565.1-9.2%
North Macedonia1.10.70.344.7243.8%
Albania0.10.311.90.10.0%
Switzerland71.7N/A105N/A21.0%
Others20.06.50.40.4-72.9%
Total18078.61562349.1%

Top Export Markets for Cereals; Oats, Other than Seed from Serbia in 2022:

  1. Germany (409.8 tons)
  2. Montenegro (188.9 tons)
  3. North Macedonia (154.7 tons)
  4. Albania (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; oats, other than seed - Serbia