Cereals; Rye, Seed Price in Romania - 2023

Contents:

  1. Cereals; Rye, Seed Price in Romania (CIF) - 2022
  2. Cereals; Rye, Seed Price in Romania (FOB) - 2022
  3. Cereals; Rye, Seed Imports in Romania
  4. Cereals; Rye, Seed Exports in Romania

Cereals; Rye, Seed Price in Romania (CIF) - 2022

The average cereals; rye, seed import price stood at $508 per ton in 2022, declining by -19.9% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $1,359 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,475 per ton), while the price for Hungary ($291 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+371.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Rye, Seed Price in Romania (FOB) - 2022

In 2022, the average cereals; rye, seed export price amounted to $477 per ton, falling by -4.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. The export price peaked at $627 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($703 per ton), while the average price for exports to Moldova ($384 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 Serbia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Rye, Seed Imports in Romania

In 2022, approx. 973 tons of cereals; rye, seeds were imported into Romania; rising by 313% against 2021. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, seed imports surged to $494K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Seed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary7.212.574.7162182.3%
Austria54.095.01.815241.2%
Germany25.724.444.810358.8%
NetherlandsN/AN/A27.231.415.4%
Poland5.135.20.528.677.7%
Slovakia38.9N/AN/AN/A0%
LatviaN/A19.30.2N/A-99.0%
Others5.90.20.416.641.2%
Total13718615049453.3%

Top Suppliers of Cereals; Rye, Seed to Romania in 2022:

  1. Hungary (558.2 tons)
  2. Austria (236.2 tons)
  3. Germany (69.9 tons)
  4. Netherlands (48.7 tons)
  5. Poland (35.9 tons)

Cereals; Rye, Seed Exports in Romania

In 2022, shipments abroad of cereals; rye, seeds decreased by -20.3% to 41 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports attained the peak of 52 tons, and then declined rapidly in the following year.

In value terms, cereals; rye, seed exports declined dramatically to $20K in 2022. In general, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of $26K, and then reduced remarkably in the following year.

Export of Cereals; Rye, Seed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria7.74.22.311.915.6%
Moldova0.31.50.55.2158.8%
HungaryN/AN/A11.02.5-77.3%
Austria1.1N/AN/AN/A0%
SerbiaN/A7.912.1N/A53.2%
Poland12.2N/AN/AN/A0%
Italy1.6N/AN/AN/A0%
OthersN/AN/AN/A0.10%
Total22.913.625.919.8-4.7%

Top Export Markets for Cereals; Rye, Seed from Romania in 2022:

  1. Bulgaria (23.9 tons)
  2. Moldova (13.6 tons)
  3. Hungary (3.6 tons)

Source: IndexBox Market Intelligence Platform

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