Price for Cereals; Rye, Other than Seed in Croatia - 2023

Contents:

  1. Price for Cereals; Rye, Other than Seed in Croatia (CIF) - 2022
  2. Price for Cereals; Rye, Other than Seed in Croatia (FOB) - 2022
  3. Imports of Cereals; Rye, Other than Seed in Croatia
  4. Exports of Cereals; Rye, Other than Seed in Croatia

Price for Cereals; Rye, Other than Seed in Croatia (CIF) - 2022

The average import price for cereals; rye, other than seeds stood at $361 per ton in 2022, with an increase of 51% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, other than seed import price increased by +70.3% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($543 per ton), while the price for Hungary ($355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereals; Rye, Other than Seed in Croatia (FOB) - 2022

In 2022, the average export price for cereals; rye, other than seeds amounted to $322 per ton, picking up by 50% against the previous year. Overall, the export price, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 117%. Over the period under review, the average export prices attained the peak figure at $1,358 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($337 per ton), while the average price for exports to Austria ($303 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 Italy (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Rye, Other than Seed in Croatia

In 2022, the amount of cereals; rye, other than seeds imported into Croatia declined rapidly to 1.1K tons, which is down by -27.2% compared with the previous year. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,083% against the previous year. As a result, imports reached the peak of 1.5K tons, and then contracted dramatically in the following year.

In value terms, cereals; rye, other than seed imports expanded remarkably to $402K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,158% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Cereals; Rye, Other than Seed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary18121.624935124.7%
Slovenia5.15.36.748.3111.6%
SerbiaN/A0.91091.110.6%
Others0.91.20.71.723.6%
Total18729.036540229.1%

Top Suppliers of Cereals; Rye, Other than Seed to Croatia in 2022:

  1. Hungary (987.8 tons)
  2. Slovenia (121.5 tons)
  3. Serbia (2.0 tons)

Exports of Cereals; Rye, Other than Seed in Croatia

In 2022, the amount of cereals; rye, other than seeds exported from Croatia soared to 688 tons, picking up by 89% on 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 707%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cereals; rye, other than seed exports surged to $222K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 354%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Cereals; Rye, Other than Seed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/A4.8N/A113385.2%
AustriaN/AN/AN/A58.40%
ItalyN/AN/A48.250.34.4%
Bosnia and Herzegovina48.161.120.9N/A-34.1%
SerbiaN/A1529.4N/A-93.8%
OthersN/AN/AN/AN/A0%
Total48.121878.622266.5%

Top Export Markets for Cereals; Rye, Other than Seed from Croatia in 2022:

  1. Slovenia (336.0 tons)
  2. Austria (192.9 tons)
  3. Italy (159.3 tons)

Source: IndexBox Market Intelligence Platform

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