Price for Cereals; Rye, Other than Seed in Belgium - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Belgium (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in Belgium (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in Belgium
- Exports of Cereals; Rye, Other than Seed in Belgium
Price for Cereals; Rye, Other than Seed in Belgium (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $304 per ton, with an increase of 25% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($386 per ton) and the Netherlands ($327 per ton), while the price for France ($294 per ton) and Germany ($307 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Belgium (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $319 per ton, rising by 20% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices reached the maximum at $419 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($888 per ton), while the average price for exports to Germany ($260 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 France (+8.7%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Rye, Other than Seed in Belgium
In 2022, overseas purchases of cereals; rye, other than seeds decreased by -40.9% to 16K tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 742%. As a result, imports attained the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; rye, other than seed imports reduced markedly to $4.9M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 670%.
Import of Cereals; Rye, Other than Seed in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.3 | 3.0 | 4.5 | 2.7 | 108.0% |
France | 0.3 | 0.6 | 0.6 | 1.8 | 81.7% |
Netherlands | 0.2 | 0.2 | 1.1 | 0.3 | 14.5% |
Latvia | N/A | 1.5 | N/A | N/A | 0% |
Lithuania | N/A | 0.7 | N/A | N/A | 0% |
Others | 0.1 | 0.4 | 0.4 | N/A | 100.0% |
Total | 0.8 | 6.4 | 6.6 | 4.9 | 83.0% |
Top Suppliers of Cereals; Rye, Other than Seed to Belgium in 2022:
- Germany (8.8K tons)
- France (6.3K tons)
- Netherlands (1.0K tons)
Exports of Cereals; Rye, Other than Seed in Belgium
In 2022, shipments abroad of cereals; rye, other than seeds decreased by -10.2% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 290%.
In value terms, cereals; rye, other than seed exports rose rapidly to $450K in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 211% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Cereals; Rye, Other than Seed in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 27.6 | 130 | 416 | 434 | 150.5% |
Germany | 15.6 | N/A | N/A | 6.3 | -26.1% |
Others | 0.6 | 4.0 | N/A | 10.1 | 156.3% |
Total | 43.8 | 134 | 416 | 450 | 117.4% |
Top Export Markets for Cereals; Rye, Other than Seed from Belgium in 2022:
- Netherlands (1383.7 tons)
- Germany (24.3 tons)
This report provides an in-depth analysis of the rye market in Belgium.
This report provides an in-depth analysis of the grain market in Belgium.
This report provides an in-depth analysis of the global rye market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the rye market in Belgium.
This report provides an in-depth analysis of the global rye market.
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In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
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