Price for Cereal Grains; Rolled or Flaked, of Oats in Australia - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Australia (FOB) - 2024
- Price for Cereal Grains; Rolled or Flaked, of Oats in Australia (CIF) - 2022
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Australia
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Australia
Price for Cereal Grains; Rolled or Flaked, of Oats in Australia (FOB) - 2024
The average export price for cereal grains; rolled or flaked, of oatses stood at $646 per ton in September 2023, growing by 3.3% against the previous month. Over the period under review, the export price, however, showed a slight downturn. The growth pace was the most rapid in April 2023 an increase of 4.9% against the previous month. As a result, the export price attained the peak level of $746 per ton. From May 2023 to September 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were New Zealand ($748 per ton) and Japan ($747 per ton), while the average price for exports to Malaysia ($577 per ton) and the Philippines ($589 per ton) were amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Oats in Australia (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of oatses stood at $2,130 per ton in 2022, approximately mirroring the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of oatses increased by +81.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 81%. The import price peaked at $2,216 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,030 per ton), while the price for Finland ($1,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Grains; Rolled or Flaked, of Oats in Australia
Exports of cereal grains; rolled or flaked, of oatses from Australia rose remarkably to 124K tons in 2022, surging by 15% on 2021 figures. The total export volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of cereal grains; rolled or flaked, of oatses expanded rapidly to $82M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Cereal Grains; Rolled or Flaked, of Oats in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.3 | 21.3 | 21.5 | 22.1 | 8.5% |
Japan | 7.7 | 10.2 | 8.8 | 16.4 | 28.7% |
Malaysia | 11.0 | 13.2 | 15.0 | 12.5 | 4.4% |
Philippines | 7.1 | 8.2 | 7.5 | 8.7 | 7.0% |
New Zealand | 4.7 | 4.8 | 4.8 | 4.7 | 0.0% |
Indonesia | 2.8 | 4.3 | 4.0 | 4.5 | 17.1% |
Vietnam | 1.6 | 3.3 | 3.3 | 4.0 | 35.7% |
India | 4.9 | 3.8 | 3.4 | 1.4 | -34.1% |
Others | 3.5 | 3.1 | 4.4 | 7.2 | 27.2% |
Total | 60.4 | 72.3 | 72.7 | 81.5 | 10.5% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Australia in 2022:
- China (34.6K tons)
- Japan (22.2K tons)
- Malaysia (20.8K tons)
- Philippines (14.3K tons)
- Indonesia (7.4K tons)
- New Zealand (6.6K tons)
- Vietnam (6.0K tons)
- India (2.4K tons)
Imports of Cereal Grains; Rolled or Flaked, of Oats in Australia
In 2022, imports of cereal grains; rolled or flaked, of oatses into Australia surged to 435 tons, rising by 19% on 2021. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 179%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereal grains; rolled or flaked, of oatses soared to $926K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Cereal Grains; Rolled or Flaked, of Oats in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 220 | 516 | 328 | 462 | 28.1% |
United States | 480 | 574 | 320 | 376 | -7.8% |
United Kingdom | N/A | 8.0 | 12.3 | 46.6 | 141.4% |
Canada | 205 | 95.6 | 110 | 35.5 | -44.3% |
Others | 5.4 | 517 | 5.2 | 5.9 | 3.0% |
Total | 911 | 1,711 | 775 | 926 | 0.5% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Australia in 2022:
- Finland (352.4 tons)
- United States (53.5 tons)
- United Kingdom (20.1 tons)
- Canada (7.6 tons)
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