Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain - 2023

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain (FOB) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $729 per ton, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 40% against the previous year. The export price peaked at $754 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($902 per ton) and Italy ($873 per ton), while the average price for exports to Morocco ($651 per ton) and Portugal ($661 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $707 per ton in 2022, with a decrease of -41.7% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 89% against the previous year. Over the period under review, average import prices hit record highs at $1,454 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 Portugal ($2,455 per ton), while the price for Germany ($602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain

In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -23.6% to 2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. As a result, the exports attained the peak of 2.6K tons, and then shrank notably in the following year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses shrank to $1.4M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank in the following year.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Spain in 2022:

1. Portugal (819.6 tons)
2. Israel (476.3 tons)
3. Italy (223.0 tons)
4. Morocco (158.8 tons)
5. Netherlands (154.4 tons)
6. France (121.9 tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Spain

In 2022, approx. 574 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were imported into Spain; jumping by 207% on the previous year's figure. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 379% against the previous year. As a result, imports attained the peak of 826 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses soared to $406K in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 128%. As a result, imports attained the peak of $531K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Spain in 2022:

1. Germany (452.9 tons)
2. United Kingdom (84.3 tons)
3. Belgium (22.6 tons)

Source: IndexBox Market Intelligence Platform