Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland (FOB) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland (CIF) - 2022
3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland
4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,053 per ton in 2022, growing by 10% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Estonia ($1,329 per ton) and Russia ($1,021 per ton), while the average price for exports to Latvia ($902 per ton) and Taiwan (Chinese) ($940 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 Estonia (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,931 per ton in 2022, growing by 6.5% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -1.8% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 24% against the previous year. Over the period under review, average import prices attained the peak figure at $2,986 per ton in 2020; however, from 2021 to 2022, 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 the Netherlands ($3,808 per ton), while the price for Estonia ($645 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland

For the third year in a row, Finland recorded decline in overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which decreased by -44.3% to 1.1K tons in 2022. Overall, exports showed a dramatic shrinkage. The smallest decline of -6.6% was in 2021.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank remarkably to $1.2M in 2022. In general, exports recorded a dramatic slump. The smallest decline of -1.3% was in 2021.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Finland in 2022:

1. Ukraine (246.8 tons)
2. Lithuania (213.7 tons)
3. Sweden (197.7 tons)
4. Russia (196.4 tons)
5. Estonia (140.5 tons)
6. Latvia (31.2 tons)
7. Taiwan (Chinese) (10.0 tons)
8. Belarus (9.9 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Finland

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Finland skyrocketed to 189 tons, growing by 30% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $555K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Finland in 2022:

1. Germany (80.5 tons)
2. Denmark (44.0 tons)
3. Netherlands (18.3 tons)
4. Belgium (13.3 tons)
5. United Kingdom (12.4 tons)
6. France (10.4 tons)
7. Sweden (4.9 tons)
8. Estonia (3.3 tons)

Source: IndexBox Market Intelligence Platform