Price for Cereals; Rye, Other than Seed in Japan - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Japan (CIF) - 2022
- Imports of Cereals; Rye, Other than Seed in Japan
Price for Cereals; Rye, Other than Seed in Japan (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $531 per ton, growing by 33% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, other than seed import price increased by +70.5% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,456 per ton), while the price for Finland ($407 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Rye, Other than Seed in Japan
In 2022, purchases abroad of cereals; rye, other than seeds decreased by -47.3% to 10K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 3% against the previous year. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; rye, other than seed imports shrank dramatically to $5.6M in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%. As a result, imports attained the peak of $7.9M, and then shrank notably in the following year.
| Import of Cereals; Rye, Other than Seed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.3 | 6.3 | 6.8 | 4.0 | -14.1% |
| Canada | 0.5 | 0.7 | 0.7 | 1.4 | 40.9% |
| Finland | 0.3 | 0.2 | 0.4 | 0.1 | -30.7% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 7.2 | 7.3 | 7.9 | 5.6 | -8.0% |
Top Suppliers of Cereals; Rye, Other than Seed to Japan in 2022:
- Germany (7.7K tons)
- Canada (2.5K tons)
- Finland (0.3K tons)
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Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
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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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