Cereals; Millet, Seed Price in Spain - 2023
Contents:
- Cereals; Millet, Seed Price in Spain (FOB) - 2022
- Cereals; Millet, Seed Price in Spain (CIF) - 2022
- Cereals; Millet, Seed Exports in Spain
- Cereals; Millet, Seed Imports in Spain
Cereals; Millet, Seed Price in Spain (FOB) - 2022
In 2022, the average cereals; millet, seed export price amounted to $53 per ton, reducing by -76.6% against the previous year. In general, the export price recorded a sharp reduction. The most prominent rate of growth was recorded in 2015 an increase of 87% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,969 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($242 per ton), while the average price for exports to Lebanon ($45 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 Ireland (+41.1%), while the prices for the other major destinations experienced a decline.
Cereals; Millet, Seed Price in Spain (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $1,861 per ton, picking up by 72% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 239%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 France ($3,424 per ton), while the price for Germany ($1,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Millet, Seed Exports in Spain
In 2022, approx. 320 tons of cereals; millet, seeds were exported from Spain; picking up by 49% on 2021 figures. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,044%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; millet, seed exports dropped remarkably to $17K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 445%. As a result, the exports reached the peak of $49K, and then fell markedly in the following year.
| Export of Cereals; Millet, Seed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | N/A | 13.9 | 0% |
| France | 1.8 | N/A | 47.2 | 1.1 | -15.1% |
| Ireland | N/A | 0.2 | 0.3 | 1.1 | 134.5% |
| Luxembourg | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | 8.6 | 1.1 | 1.0 | 115.4% |
| Total | 1.8 | 8.9 | 48.7 | 17.0 | 111.4% |
Top Export Markets for Cereals; Millet, Seed from Spain in 2022:
- Lebanon (304.8 tons)
- Ireland (6.0 tons)
- France (4.4 tons)
Cereals; Millet, Seed Imports in Spain
In 2022, overseas purchases of cereals; millet, seeds increased by 55% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous curtailment.
In value terms, cereals; millet, seed imports skyrocketed to $34K in 2022. In general, imports, however, saw a sharp decline.
| Import of Cereals; Millet, Seed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 23.4 | 17.3 | 2.7 | 17.6 | -9.1% |
| Germany | 3.1 | 11.3 | 7.3 | 12.5 | 59.2% |
| France | 1.8 | 1.1 | 1.4 | 1.7 | -1.9% |
| Netherlands | N/A | 1.3 | N/A | 1.4 | 3.8% |
| Belgium | 1.2 | 745 | 1.2 | 0.2 | -45.0% |
| Portugal | 573 | N/A | N/A | N/A | 0% |
| Others | 8.5 | 55.8 | N/A | 0.2 | -71.3% |
| Total | 611 | 832 | 12.6 | 33.5 | -62.0% |
Top Suppliers of Cereals; Millet, Seed to Spain in 2022:
- Germany (8.3 tons)
- Italy (8.1 tons)
- Netherlands (0.8 tons)
- France (0.5 tons)
- Belgium (0.2 tons)
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