Cereals; Oats, Seeds Price in Australia - 2023
Contents:
- Cereals; Oats, Seeds Price in Australia (FOB) - 2023
- Cereals; Oats, Seeds Price in Australia (CIF) - 2022
- Cereals; Oats, Seeds Exports in Australia
- Cereals; Oats, Seeds Imports in Australia
Cereals; Oats, Seeds Price in Australia (FOB) - 2023
In July 2023, the average cereals; oats, seeds export price amounted to $878 per ton, waning by -14.9% against the previous month. Over the period under review, the export price, however, showed slight growth. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 76% against the previous month. As a result, the export price attained the peak level of $1,245 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From July 2022 to July 2023, the rate of growth in terms of prices for Japan amounted to +1.8% per month.
Cereals; Oats, Seeds Price in Australia (CIF) - 2022
In 2021, the average cereals; oats, seeds import price amounted to $840 per ton, with an increase of 5% against the previous year. Overall, the import price saw modest growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 10%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Finland.
From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Cereals; Oats, Seeds Exports in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; oats, seedses, when their volume decreased by -7.5% to 30K tons. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%.
In value terms, cereals; oats, seeds exports contracted to $12M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36% against the previous year.
| Export of Cereals; Oats, Seeds in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.0 | 8.1 | 8.1 | 7.6 | 15.0% |
| Japan | 2.1 | 1.8 | 3.0 | 2.8 | 10.1% |
| Sri Lanka | 0.5 | 0.6 | 0.8 | 0.9 | 21.6% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 7.9 | 10.8 | 12.3 | 11.5 | 13.3% |
Top Export Markets for Cereals; Oats, Seeds from Australia in 2022:
- Malaysia (25.5K tons)
- Japan (2.9K tons)
- Sri Lanka (1.4K tons)
Cereals; Oats, Seeds Imports in Australia
In 2021, the amount of cereals; oats, seedses imported into Australia soared to 15 tons, growing by 27% against the previous year's figure. The total import volume increased at an average annual rate of +26.5% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, seeds imports soared to $13K in 2021. The total import value increased at an average annual rate of +32.8% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Seeds in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Finland | N/A | 12.7 | 0% | ||
| United States | 9.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 9.6 | 12.7 | 32.3% | ||
Top Suppliers of Cereals; Oats, Seeds to Australia in 2022:
- Finland (15.1 tons)
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This report provides an in-depth analysis of the global oat market.
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This report provides an in-depth analysis of the oat market in Australia.
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The most notable growth rate occurred in January 2023 with oat exports rising by 136% month-on-month. The value of oat exports reached $12M in December 2023.
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The rate of growth was at its highest in January 2023, showing a significant increase of 136% compared to the previous month. In terms of value, exports of Oat amounted to $8.9M in November 2023.
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Discover the world's best import markets for oats and gain insights into their key statistics and consumer preferences. The United States, Germany, China, Netherlands, and Belgium are leading importers, driven by health consciousness and sustainability concerns.
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The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products.
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In 2017, the volume of the global oats consumption stood at approx. X tons, not moving far from the 2016 figure.
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Global oat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the countries with the highest levels of oat production were Russia (X thousand tons), Canada (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
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In 2014, the oat market decreased again to X thousand tons (-X% Y-o-Y).
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Canada seized control of the global oat market. In 2014, Canada exported X thousand tons of oats totaling X million USD, a robust X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total oat expor
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Canada continued its dominant position in the global oat trade, combining with Finland to corral a X share of total global exports. Canada's primary trading partner in 2014 was the United States. X% of its total oat exports was sent to the U.S.,
