Price for Cereals; Oats, Other than Seed in Sweden - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Sweden (FOB) - 2022
- Price for Cereals; Oats, Other than Seed in Sweden (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in Sweden
- Imports of Cereals; Oats, Other than Seed in Sweden
Price for Cereals; Oats, Other than Seed in Sweden (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $336 per ton, jumping by 29% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 +66.0% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($386 per ton) and Spain ($378 per ton), while the average price for exports to Denmark ($265 per ton) and the Netherlands ($271 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 the United States (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Sweden (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $598 per ton in 2022, rising by 2.2% against the previous year. Overall, the import price recorded a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 67%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,589 per ton), while the price for Norway ($363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Oats, Other than Seed in Sweden
In 2022, approx. 209K tons of cereals; oats, other than seeds were exported from Sweden; remaining relatively unchanged against the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cereals; oats, other than seed exports skyrocketed to $70M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 53%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
Export of Cereals; Oats, Other than Seed in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.8 | 1.2 | 9.9 | 20.0 | 51.1% |
Spain | 2.5 | 9.4 | 12.5 | 16.5 | 87.6% |
Germany | 3.1 | 6.5 | 8.2 | 15.3 | 70.3% |
Belgium | 5.8 | 6.2 | 10.9 | 10.6 | 22.3% |
Denmark | 6.7 | 14.0 | 6.0 | 3.6 | -18.7% |
Norway | 2.5 | 2.9 | 3.4 | 2.0 | -7.2% |
Netherlands | 1.1 | 2.5 | 2.9 | 0.8 | -10.1% |
Others | 1.1 | 0.8 | 0.4 | 1.4 | 8.4% |
Total | 28.6 | 43.6 | 54.1 | 70.1 | 34.8% |
Top Export Markets for Cereals; Oats, Other than Seed from Sweden in 2022:
- United States (51.7K tons)
- Germany (50.1K tons)
- Spain (43.8K tons)
- Belgium (37.1K tons)
- Denmark (13.6K tons)
- Norway (6.5K tons)
- Netherlands (2.8K tons)
Imports of Cereals; Oats, Other than Seed in Sweden
In 2022, approx. 2.6K tons of cereals; oats, other than seeds were imported into Sweden; increasing by 187% on 2021. Over the period under review, imports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 189% against the previous year.
In value terms, cereals; oats, other than seed imports skyrocketed to $1.6M in 2022. Overall, imports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 243%.
Import of Cereals; Oats, Other than Seed in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 4.3 | 31.0 | 602 | 1083.2% |
Poland | 3.0 | 3.0 | 1.5 | 411 | 415.5% |
Denmark | 897 | N/A | 61.7 | 278 | -32.3% |
South Africa | N/A | N/A | N/A | 179 | 0% |
Norway | 64.9 | 10.0 | 23.9 | 56.6 | -4.5% |
Finland | 3,517 | 84.8 | 201 | 37.2 | -78.0% |
Ireland | 926 | N/A | N/A | N/A | 0% |
France | 629 | N/A | N/A | N/A | 0% |
Lithuania | 2,331 | N/A | N/A | N/A | 0% |
Estonia | 1,690 | N/A | N/A | N/A | 0% |
Others | 31.3 | 54.2 | 217 | 9.8 | -32.1% |
Total | 10,090 | 156 | 536 | 1,574 | -46.2% |
Top Suppliers of Cereals; Oats, Other than Seed to Sweden in 2022:
- Netherlands (1431.3 tons)
- Denmark (570.2 tons)
- Poland (345.7 tons)
- Norway (155.9 tons)
- Finland (63.3 tons)
- South Africa (49.8 tons)
This report provides an in-depth analysis of the oat market in Sweden.
This report provides an in-depth analysis of the grain market in Sweden.
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This report provides an in-depth analysis of the oat market in Sweden.
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