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

Contents:

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

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

The average export price for cereals; rye, other than seeds stood at $366 per ton in June 2022, declining by -17.1% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2022 when the average export price increased by 8.9% against the previous month. As a result, the export price reached the peak level of $442 per ton, and then plummeted in the following month.

As there is only one major export destination, the average price level is determined by prices for the UK.

From November 2021 to June 2022, the rate of growth in terms of prices for the UK amounted to +0.9% per month.

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

The average import price for cereals; rye, other than seeds stood at $384 per ton in 2022, reducing by -22.2% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 44% against the previous year. The import price peaked at $1,083 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to -10.0% per year.

Exports of Cereals; Rye, Other than Seed in Ireland

In 2022, approx. 4.6K tons of cereals; rye, other than seeds were exported from Ireland; increasing by 54% on the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, other than seed exports soared to $1.7M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Rye, Other than Seed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A1,0261,70866.5%
Netherlands10.3N/A3.340.457.7%
OthersN/AN/AN/AN/A0%
Total10.3N/A1,0301,749453.8%

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

  1. United Kingdom (4.4K tons)
  2. Netherlands (0.2K tons)

Imports of Cereals; Rye, Other than Seed in Ireland

For the fourth consecutive year, Ireland recorded growth in purchases abroad of cereals; rye, other than seeds, which increased by 33% to 3.4K tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 16,681% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, cereals; rye, other than seed imports amounted to $1.3M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 11,128% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Cereals; Rye, Other than Seed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.311.31,1571,308728.5%
LatviaN/AN/A109N/A0%
Others0.7N/A0.60.3-24.6%
Total3.011.31,2671,309658.5%

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

  1. United Kingdom (3.4K tons)

Source: IndexBox Market Intelligence Platform

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