Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (CIF) - 2024
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (FOB) - 2024
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (CIF) - 2024
In August 2023, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $406 per ton, dropping by -17.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 9.4% against the previous month. As a result, import price reached the peak level of $493 per ton, and then declined sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was India ($900 per ton), while the price for Ireland stood at $340 per ton.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+318.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (FOB) - 2024
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $635 per ton in August 2023, waning by -13.1% against the previous month. Overall, export price indicated slight growth from January 2023 to August 2023: its price increased at an average monthly rate of +1.8% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -13.1% against July 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 78% m-o-m. As a result, the export price reached the peak level of $739 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($4,866 per ton), while the average price for exports to Sweden ($527 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into the UK surged to 35K tons, jumping by 61% compared with 2021. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $14M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.4 | 3.8 | 5.5 | 11.2 | 67.1% |
| India | 1.0 | 1.4 | 1.2 | 1.1 | 3.2% |
| Others | 4.0 | 3.8 | 1.3 | 1.5 | -27.9% |
| Total | 7.4 | 9.0 | 8.0 | 13.7 | 22.8% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to the UK in 2022:
- Ireland (33.1K tons)
- India (0.9K tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK
In 2022, overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -13.5% to 6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. As a result, the exports attained the peak of 7.6K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank to $3.5M in 2022. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of $5.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,946 | 2,605 | 2,162 | 1,213 | -14.6% |
| France | 148 | 164 | 158 | 244 | 18.1% |
| United States | 703 | 262 | 470 | 241 | -30.0% |
| Spain | 125 | 209 | 187 | 147 | 5.6% |
| Colombia | N/A | N/A | N/A | 54.9 | 0% |
| Malaysia | 24.2 | 20.9 | N/A | 45.4 | 23.3% |
| Netherlands | 163 | 327 | 84.0 | 39.0 | -37.9% |
| Poland | 50.0 | 39.7 | 16.6 | 36.3 | -10.1% |
| Germany | 249 | 336 | 98.9 | 33.0 | -49.0% |
| Belgium | 342 | 627 | 31.5 | 2.7 | -80.1% |
| Others | 371 | 719 | 544 | 1,434 | 56.9% |
| Total | 4,121 | 5,309 | 3,752 | 3,490 | -5.4% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from the UK in 2022:
- Ireland (2333.8 tons)
- Spain (193.4 tons)
- United States (170.6 tons)
- Colombia (122.6 tons)
- Germany (83.9 tons)
- Malaysia (61.9 tons)
- France (53.9 tons)
- Poland (50.7 tons)
- Netherlands (37.4 tons)
- Belgium (1.7 tons)
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