Cereals; Barley, Seed Price in Italy - 2023

Contents:

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

Cereals; Barley, Seed Price in Italy (CIF) - 2022

The average cereals; barley, seed import price stood at $489 per ton in 2022, picking up by 8.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 54%. As a result, import price attained the peak level of $722 per ton. From 2018 to 2022, the average 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 Germany ($1,028 per ton), while the price for Slovakia ($197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Barley, Seed Price in Italy (FOB) - 2022

The average cereals; barley, seed export price stood at $874 per ton in 2022, jumping by 16% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +9.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed export price increased by +50.3% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 83%. The export price peaked at $962 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Germany ($2,797 per ton), while the average price for exports to Cyprus ($472 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 Austria (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Barley, Seed Imports in Italy

In 2022, the amount of cereals; barley, seeds imported into Italy shrank to 5.4K tons, waning by -6% against the previous year. In general, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 14%.

In value terms, cereals; barley, seed imports rose to $2.6M in 2022. Overall, imports faced a deep setback.

Import of Cereals; Barley, Seed in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,9871,5611,0361,232-14.7%
Austria488395522444-3.1%
Germany443278300275-14.7%
Croatia1832112772358.7%
Slovakia24168.2241205-5.3%
Spain26.939.681.714474.9%
Romania44.926.647.640.5-3.4%
Hungary99.028.625.820.8-40.6%
Others10860.351.026.7-37.2%
Total3,6212,6682,5822,625-10.2%

Top Suppliers of Cereals; Barley, Seed to Italy in 2022:

  1. France (1945.3 tons)
  2. Slovakia (1038.9 tons)
  3. Austria (816.3 tons)
  4. Croatia (724.8 tons)
  5. Spain (307.2 tons)
  6. Germany (267.8 tons)
  7. Romania (111.4 tons)
  8. Hungary (65.5 tons)

Cereals; Barley, Seed Exports in Italy

For the third year in a row, Italy recorded decline in overseas shipments of cereals; barley, seeds, which decreased by -3.2% to 409 tons in 2022. In general, exports showed a drastic downturn.

In value terms, cereals; barley, seed exports reached $357K in 2022. Overall, exports continue to indicate a relatively flat trend pattern.

Export of Cereals; Barley, Seed in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria159N/AN/A81.7-19.9%
Romania63.214258.379.07.7%
France38.260.029.440.01.5%
Spain13.921.847.334.335.1%
Germany9.465.74.221.832.4%
Lebanon6.55.126.319.043.0%
Greece6.910.416.612.020.3%
Turkey13.219.717.510.8-6.5%
Azerbaijan7.614.014.010.411.0%
Croatia8.17.33.66.5-7.1%
Cyprus3.03.86.44.615.3%
LibyaN/AN/A31.5N/A0%
Others30.947.662.737.26.4%
Total360397318357-0.3%

Top Export Markets for Cereals; Barley, Seed from Italy in 2022:

  1. Romania (106.3 tons)
  2. Nigeria (102.7 tons)
  3. France (55.4 tons)
  4. Spain (32.4 tons)
  5. Lebanon (30.1 tons)
  6. Greece (13.5 tons)
  7. Azerbaijan (13.4 tons)
  8. Cyprus (9.8 tons)
  9. Croatia (9.5 tons)
  10. Germany (7.8 tons)
  11. Turkey (7.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; barley, seed - Italy