Price for Cereals; Millet, Other than Seed in Finland - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Finland (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Finland (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Finland
- Exports of Cereals; Millet, Other than Seed in Finland
Price for Cereals; Millet, Other than Seed in Finland (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $2,460 per ton in 2022, rising by 10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 19% against the previous year. As a result, import price attained the peak level of $2,818 per ton. From 2015 to 2022, the average 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 Germany ($5,145 per ton), while the price for the Netherlands ($1,850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Finland (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $7,704 per ton in 2022, jumping by 88% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2017 an increase of 91%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($7,899 per ton), while the average price for exports to Belarus stood at $3,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+19.5%).
Imports of Cereals; Millet, Other than Seed in Finland
In 2022, supplies from abroad of cereals; millet, other than seeds decreased by -56.2% to 13 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, imports reached the peak of 54 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; millet, other than seed imports shrank remarkably to $32K in 2022. In general, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of $105K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Millet, Other than Seed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.0 | 12.6 | 10.5 | 12.4 | 11.3% |
| Denmark | 5.7 | 8.8 | 10.1 | 5.1 | -3.6% |
| China | 0.9 | 2.3 | N/A | 4.9 | 75.9% |
| Sweden | 50.1 | 67.6 | 36.3 | 4.1 | -56.6% |
| Germany | 2.9 | 4.0 | 9.1 | 3.0 | 1.1% |
| United Kingdom | N/A | 2.9 | 0.5 | N/A | -82.8% |
| Others | 10.4 | 6.9 | 0.1 | 2.6 | -37.0% |
| Total | 79.0 | 105 | 66.5 | 32.1 | -25.9% |
Top Suppliers of Cereals; Millet, Other than Seed to Finland in 2022:
- Netherlands (6.7 tons)
- Sweden (2.1 tons)
- China (2.0 tons)
- Denmark (1.5 tons)
- Germany (0.6 tons)
Exports of Cereals; Millet, Other than Seed in Finland
In 2022, approx. 260 kg of cereals; millet, other than seeds were exported from Finland; reducing by -76.5% on 2021 figures. In general, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 304%. As a result, the exports attained the peak of 1.1 tons, and then reduced notably in the following year.
In value terms, cereals; millet, other than seed exports shrank sharply to $2K in 2022. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 211%. As a result, the exports reached the peak of $4.5K, and then declined sharply in the following year.
| Export of Cereals; Millet, Other than Seed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 1.3 | 1.5 | 1.4 | 2.0 | 15.4% |
| Belarus | N/A | N/A | N/A | N/A | 0% |
| Denmark | 0.1 | N/A | 3.1 | N/A | 456.8% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.5 | 4.5 | 2.0 | 10.1% |
Top Export Markets for Cereals; Millet, Other than Seed from Finland in 2022:
- Estonia (248.0 kg)
- Belarus (12.0 kg)
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