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

Contents:

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

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

In 2022, the average export price for cereals; rye, other than seeds amounted to $315 per ton, surging by 61% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($378 per ton), while the average price for exports to Germany ($160 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 Poland (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cereals; rye, other than seeds stood at $180 per ton in 2022, with a decrease of -33.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices reached the peak figure at $340 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($948 per ton), while the price for Poland ($167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereals; Rye, Other than Seed in Slovakia

In 2022, shipments abroad of cereals; rye, other than seeds decreased by -67.8% to 7.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 107% against the previous year.

In value terms, cereals; rye, other than seed exports declined significantly to $2.5M in 2022. In general, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 141% against the previous year.

Export of Cereals; Rye, Other than Seed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria49.15761,5781,123183.9%
Hungary64870248188110.8%
Czech Republic6891,780450332-21.6%
Netherlands24.451.113858.533.8%
Poland66.41,03676933.9-20.1%
Italy47.774.666216.4-29.9%
Germany18097.542910.0-61.8%
Others86.93.9207N/A54.3%
Total1,7924,3214,7152,45511.1%

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

  1. Austria (3.4K tons)
  2. Hungary (3.0K tons)
  3. Czech Republic (1.0K tons)
  4. Netherlands (0.2K tons)
  5. Poland (0.1K tons)
  6. Germany (0.1K tons)

Imports of Cereals; Rye, Other than Seed in Slovakia

In 2022, after two years of decline, there was significant growth in supplies from abroad of cereals; rye, other than seeds, when their volume increased by 1,065% to 3.8K tons. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, other than seed imports soared to $686K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Other than Seed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland22217313.559238.7%
Czech Republic5.45.638.083.7149.3%
Others62.81.837.210.5-44.9%
Total29118188.768633.1%

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

  1. Poland (3.6K tons)
  2. Czech Republic (0.3K tons)

Source: IndexBox Market Intelligence Platform

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