Price for Cereals; Rye, Other than Seed in Italy - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Italy (CIF) - 2023
- Price for Cereals; Rye, Other than Seed in Italy (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in Italy
- Exports of Cereals; Rye, Other than Seed in Italy
Price for Cereals; Rye, Other than Seed in Italy (CIF) - 2023
The average import price for cereals; rye, other than seeds stood at $403 per ton in August 2023, growing by 10% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $438 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hungary ($473 per ton), while the price for France ($262 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Italy (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $557 per ton, which is down by -17.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $939 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,056 per ton), while the average price for exports to Austria ($387 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 Romania (+259.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Rye, Other than Seed in Italy
After three years of growth, purchases abroad of cereals; rye, other than seeds decreased by -27.1% to 19K tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports attained the peak of 26K tons, and then dropped dramatically in the following year.
In value terms, cereals; rye, other than seed imports fell to $6.3M in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 189%. As a result, imports attained the peak of $7.2M, and then fell in the following year.
| Import of Cereals; Rye, Other than Seed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,290 | 1,311 | 1,681 | 4,152 | 47.6% |
| Austria | 862 | 871 | 2,708 | 664 | -8.3% |
| France | 101 | 151 | 151 | 438 | 63.1% |
| Slovakia | 31.5 | N/A | 1,907 | 306 | 113.4% |
| Croatia | N/A | N/A | 48.8 | 233 | 377.5% |
| Hungary | 46.0 | 116 | 233 | 228 | 70.5% |
| Others | 0.4 | 28.8 | 431 | 232 | 734.0% |
| Total | 2,331 | 2,477 | 7,159 | 6,254 | 39.0% |
Top Suppliers of Cereals; Rye, Other than Seed to Italy in 2022:
- Germany (12.4K tons)
- Austria (1.8K tons)
- France (1.5K tons)
- Slovakia (1.2K tons)
- Croatia (0.8K tons)
- Hungary (0.5K tons)
Exports of Cereals; Rye, Other than Seed in Italy
Cereals; rye, other than seed exports from Italy surged to 145 tons in 2022, picking up by 74% on 2021 figures. Over the period under review, exports enjoyed a resilient increase.
In value terms, cereals; rye, other than seed exports soared to $81K in 2022. In general, exports, however, recorded a deep contraction.
| Export of Cereals; Rye, Other than Seed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 59.8 | 70.9 | 42.5 | 74.9 | 7.8% |
| Austria | 1.2 | 0.4 | 2.1 | 1.9 | 16.6% |
| Israel | N/A | 22.2 | N/A | N/A | 0% |
| Others | 46.0 | 6.0 | 12.1 | 4.1 | -55.3% |
| Total | 107 | 99.5 | 56.6 | 80.9 | -8.9% |
Top Export Markets for Cereals; Rye, Other than Seed from Italy in 2022:
- France (138.1 tons)
- Austria (4.9 tons)
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