Price for Cereals; Rye, Other than Seed in Finland - 2023

Contents:

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

Price for Cereals; Rye, Other than Seed in Finland (CIF) - 2022

In 2022, the average import price for cereals; rye, other than seeds amounted to $294 per ton, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +2.4% per year.

Price for Cereals; Rye, Other than Seed in Finland (FOB) - 2022

In 2022, the average export price for cereals; rye, other than seeds amounted to $301 per ton, picking up by 18% against the previous year. Overall, the export price recorded mild growth. The pace of growth appeared the most rapid in 2015 an increase of 116% against the previous year. The export price peaked at $653 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($381 per ton), while the average price for exports to Germany stood at $296 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%).

Imports of Cereals; Rye, Other than Seed in Finland

In 2022, purchases abroad of cereals; rye, other than seeds decreased by 0% to 6.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cereals; rye, other than seed imports amounted to $2M in 2022. In general, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cereals; Rye, Other than Seed in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A2,0440%
Latvia676N/AN/AN/A0%
Lithuania67.6N/AN/AN/A0%
Estonia209N/AN/AN/A0%
Others2.5N/AN/A0.4-45.7%
Total955N/AN/A2,04428.9%

Top Suppliers of Cereals; Rye, Other than Seed to Finland in 2022:

  1. Poland (6.9K tons)

Exports of Cereals; Rye, Other than Seed in Finland

In 2022, shipments abroad of cereals; rye, other than seeds decreased by -23.4% to 3.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 220% against the previous year. As a result, the exports attained the peak of 9.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereals; rye, other than seed exports dropped to $1.1M in 2022. In general, exports faced a abrupt decline.

Export of Cereals; Rye, Other than Seed in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3391,5208721,028-8.4%
Japan20520234679.9-27.0%
Others3634.44.5N/A-88.9%
Total1,9071,7271,2221,108-16.6%

Top Export Markets for Cereals; Rye, Other than Seed from Finland in 2022:

  1. Germany (3.5K tons)
  2. Japan (0.2K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; rye, other than seed - Finland