Price for Cereals; Millet, Other than Seed in Romania - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Romania (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Romania (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Romania
- Exports of Cereals; Millet, Other than Seed in Romania
Price for Cereals; Millet, Other than Seed in Romania (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $1,148 per ton, rising by 64% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed import price increased by +84.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,710 per ton), while the price for Hungary ($790 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Millet, Other than Seed in Romania (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $2,667 per ton, rising by 110% against the previous year. Over the period under review, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($6,286 per ton), while the average price for exports to Austria ($937 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 Spain (+128.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Millet, Other than Seed in Romania
In 2022, after three years of growth, there was significant decline in supplies from abroad of cereals; millet, other than seeds, when their volume decreased by -69.6% to 119 tons. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year.
In value terms, cereals; millet, other than seed imports dropped notably to $136K in 2022. Over the period under review, imports recorded a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $273K, and then shrank dramatically in the following year.
| Import of Cereals; Millet, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 59.5 | 62.1 | 57.9 | 45.3 | -8.7% |
| Germany | 25.8 | 32.7 | 38.1 | 29.4 | 4.5% |
| Austria | 8.7 | 12.1 | 15.9 | 26.5 | 45.0% |
| Poland | 7.2 | 30.0 | 43.9 | 13.9 | 24.5% |
| Slovakia | 8.3 | 6.3 | 3.3 | 8.9 | 2.4% |
| Latvia | N/A | N/A | N/A | 2.7 | 0% |
| Bulgaria | 59.3 | 1.5 | 3.4 | 2.4 | -65.7% |
| Spain | 82.9 | 0.4 | N/A | N/A | -99.5% |
| Russia | N/A | N/A | 7.2 | N/A | 0% |
| Moldova | N/A | N/A | 20.0 | N/A | 0% |
| Ukraine | N/A | 31.8 | 54.1 | N/A | 70.1% |
| Others | 15.6 | 23.1 | 28.8 | 7.1 | -23.1% |
| Total | 267 | 200 | 273 | 136 | -20.1% |
Top Suppliers of Cereals; Millet, Other than Seed to Romania in 2022:
- Hungary (57.4 tons)
- Germany (17.2 tons)
- Austria (15.9 tons)
- Poland (11.9 tons)
- Slovakia (10.1 tons)
- Latvia (2.0 tons)
- Bulgaria (1.6 tons)
Exports of Cereals; Millet, Other than Seed in Romania
In 2022, exports of cereals; millet, other than seeds from Romania fell notably to 5 tons, with a decrease of -95.1% against 2021 figures. Over the period under review, exports recorded a sharp slump. The smallest decline of -49.8% was in 2020.
In value terms, cereals; millet, other than seed exports dropped remarkably to $13K in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -44.9% was in 2020.
| Export of Cereals; Millet, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 342 | 155 | 85.9 | 4.4 | -76.6% |
| Sweden | N/A | 14.4 | 2.0 | 2.8 | -55.9% |
| France | 9.4 | 5.8 | 6.0 | 2.2 | -38.4% |
| Belgium | N/A | N/A | 1.5 | 2.1 | 40.0% |
| Austria | 128 | 87.2 | 33.6 | 0.8 | -81.6% |
| Spain | 0.8 | 1.3 | 0.2 | 0.6 | -9.1% |
| Bulgaria | 0.1 | 0.1 | 0.5 | 0.6 | 81.7% |
| Others | 0.6 | 1.2 | N/A | N/A | 100.0% |
| Total | 481 | 265 | 130 | 13.4 | -69.7% |
Top Export Markets for Cereals; Millet, Other than Seed from Romania in 2022:
- Germany (2558.0 kg)
- Austria (804.0 kg)
- Sweden (553.0 kg)
- France (478.0 kg)
- Belgium (329.0 kg)
- Bulgaria (189.0 kg)
- Spain (102.0 kg)
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