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

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Greece (CIF) - 2023
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Greece (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Greece
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Greece

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

In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $1,012 per ton, reducing by -26.4% against the previous month. In general, the import price recorded a mild decline. The growth pace was the most rapid in April 2023 an increase of 27% m-o-m. Over the period under review, average import prices reached the maximum at $1,557 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($1,831 per ton), while the price for Poland ($726 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Greece (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,996 per ton, which is down by -8.5% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; rolled or flaked, of oatses increased by +43.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $2,181 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($2,205 per ton), while the average price for exports to Romania ($977 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 Malta (+156.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Greece rose modestly to 6.9K tons, surging by 1.9% on 2021. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of oatses stood at $7.3M in 2022. The total import value increased at an average annual rate of +12.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. United Kingdom (3600.9 tons)
2. Germany (1310.2 tons)
3. Czech Republic (365.3 tons)
4. Italy (341.4 tons)
5. Austria (330.0 tons)
6. Ukraine (283.7 tons)
7. Latvia (179.7 tons)
8. Poland (145.2 tons)
9. Netherlands (20.8 tons)
10. Belgium (14.4 tons)
11. Romania (10.6 tons)

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

Exports of cereal grains; rolled or flaked, of oatses from Greece skyrocketed to 204 tons in 2022, picking up by 72% compared with 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of oatses soared to $407K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Greece in 2022:

1. Cyprus (113.4 tons)
2. Malta (68.3 tons)
3. Romania (7.9 tons)
4. Bulgaria (6.3 tons)
5. Albania (5.8 tons)

Source: IndexBox Market Intelligence Platform