Price for Cereals; Rye, Other than Seed in Slovenia - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Slovenia (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in Slovenia (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in Slovenia
- Exports of Cereals; Rye, Other than Seed in Slovenia
Price for Cereals; Rye, Other than Seed in Slovenia (CIF) - 2022
The average import price for cereals; rye, other than seeds stood at $395 per ton in 2022, surging by 64% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +108.5% against 2020 indices. As a result, import price attained 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 Hungary ($493 per ton), while the price for Slovakia ($312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+72.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Slovenia (FOB) - 2022
The average export price for cereals; rye, other than seeds stood at $351 per ton in 2022, jumping by 56% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66%. Over the period under review, the average export prices reached the maximum at $388 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($457 per ton), while the average price for exports to Italy stood at $302 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Rye, Other than Seed in Slovenia
In 2022, approx. 2.7K tons of cereals; rye, other than seeds were imported into Slovenia; with an increase of 18% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 117%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, cereals; rye, other than seed imports skyrocketed to $1.1M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 176%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Cereals; Rye, Other than Seed in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | 248 | 332 | 33.9% |
| Hungary | 73.9 | 163 | 20.9 | 262 | 52.5% |
| Austria | 0.8 | 16.8 | 54.3 | 212 | 542.3% |
| Croatia | 3.3 | N/A | 17.3 | 170 | 272.1% |
| Slovakia | 40.7 | N/A | 203 | 61.7 | 14.9% |
| Others | 21.0 | 16.8 | 0.3 | 13.8 | -13.1% |
| Total | 140 | 197 | 543 | 1,051 | 95.8% |
Top Suppliers of Cereals; Rye, Other than Seed to Slovenia in 2022:
- Serbia (818.5 tons)
- Austria (597.7 tons)
- Hungary (532.3 tons)
- Croatia (503.3 tons)
- Slovakia (197.9 tons)
Exports of Cereals; Rye, Other than Seed in Slovenia
For the third consecutive year, Slovenia recorded decline in shipments abroad of cereals; rye, other than seeds, which decreased by -9% to 34 tons in 2022. In general, exports saw a precipitous shrinkage.
In value terms, cereals; rye, other than seed exports surged to $12K in 2022. Over the period under review, exports continue to indicate a precipitous setback.
| Export of Cereals; Rye, Other than Seed in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.0 | 11.0 | N/A | 7.2 | -10.4% |
| Croatia | 1.2 | 2.8 | 3.3 | 4.6 | 56.5% |
| Austria | 480 | 13.2 | 5.0 | N/A | -89.8% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 492 | 27.3 | 8.5 | 12.0 | -71.0% |
Top Export Markets for Cereals; Rye, Other than Seed from Slovenia in 2022:
- Italy (24.0 tons)
- Croatia (10.0 tons)
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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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