Price for Cereal Grains; Rolled or Flaked, of Oats in Austria - 2023

Price for Cereal Grains; Rolled or Flaked, of Oats in Austria (CIF) - 2023

In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $1,187 per ton, reducing by -4.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 13% m-o-m. Over the period under review, average import prices reached the maximum at $1,241 per ton in June 2023; afterwards, it flattened through to September 2023.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From November 2022 to September 2023, the rate of growth in terms of prices for Latvia amounted to +2.1% per month.

Price for Cereal Grains; Rolled or Flaked, of Oats in Austria (FOB) - 2023

In September 2023, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,219 per ton, with a decrease of -6.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 91% m-o-m. The export price peaked at $1,363 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was Switzerland ($3,655 per ton), while the average price for exports to Serbia totaled $2,645 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Austria

For the fourth year in a row, Austria recorded growth in purchases abroad of cereal grains; rolled or flaked, of oatses, which increased by 10% to 9.9K tons in 2022. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of cereal grains; rolled or flaked, of oatses rose sharply to $9.2M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 10%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cereal Grains; Rolled or Flaked, of Oats in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6.4	6.8	7.0	7.7	6.4%
Latvia	0.7	0.6	0.7	0.7	0.0%
Spain	0.3	0.3	0.6	0.4	10.1%
Finland	N/A	0.2	0.1	0.3	22.5%
Others	0.3	0.6	0.3	0.2	-12.6%
Total	7.7	8.5	8.7	9.2	6.1%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Austria in 2022:

Germany (8.1K tons)
Latvia (0.7K tons)
Spain (0.6K tons)
Finland (0.3K tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Austria

In 2022, after three years of growth, there was significant decline in shipments abroad of cereal grains; rolled or flaked, of oatses, when their volume decreased by -10.2% to 2.4K tons. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, the exports attained the peak of 2.7K tons, and then reduced in the following year.

In value terms, exports of cereal grains; rolled or flaked, of oatses dropped modestly to $2.5M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.9%.

Export of Cereal Grains; Rolled or Flaked, of Oats in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	724	1,105	1,113	947	9.4%
Italy	386	312	261	357	-2.6%
Hungary	38.4	33.0	210	322	103.2%
Greece	109	139	206	221	26.6%
Slovenia	131	138	161	161	7.1%
France	454	251	238	127	-34.6%
Croatia	97.4	105	141	94.5	-1.0%
Others	268	322	245	270	0.2%
Total	2,208	2,405	2,577	2,499	4.2%