Cereals; Barley, Seed Price in the UK - 2023
Contents:
- Cereals; Barley, Seed Price in the UK (CIF) - 2022
- Cereals; Barley, Seed Price in the UK (FOB) - 2022
- Cereals; Barley, Seed Imports in the UK
- Cereals; Barley, Seed Exports in the UK
Cereals; Barley, Seed Price in the UK (CIF) - 2022
The average cereals; barley, seed import price stood at $705 per ton in 2022, with a decrease of -20.9% against the previous year. In general, the import price saw a mild reduction. The pace of growth was the most pronounced in 2021 an increase of 77% against the previous year. Over the period under review, average import prices hit record highs at $980 per ton in 2014; however, from 2015 to 2022, 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 Denmark ($800 per ton), while the price for Spain ($283 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Barley, Seed Price in the UK (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $606 per ton, which is down by -21.5% against the previous year. Overall, the export price showed a pronounced slump. The growth pace was the most rapid in 2016 when the average export price increased by 63%. Over the period under review, the average export prices attained the maximum at $1,052 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($1,073 per ton), while the average price for exports to Spain ($212 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 Portugal (+95.9%), while the prices for the other major destinations experienced mixed trend patterns.
Cereals; Barley, Seed Imports in the UK
Cereals; barley, seed imports into the UK declined slightly to 5K tons in 2022, waning by -4.1% compared with the previous year's figure. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%.
In value terms, cereals; barley, seed imports dropped significantly to $3.5M in 2022. In general, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 93%.
| Import of Cereals; Barley, Seed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3,256 | 1,401 | 2,378 | 2,593 | -7.3% |
| France | 1,818 | 531 | 621 | 406 | -39.3% |
| Germany | 968 | 280 | 324 | 208 | -40.1% |
| Belgium | 254 | 73.8 | 66.2 | 72.2 | -34.2% |
| Ireland | 112 | 21.9 | 35.0 | 47.5 | -24.9% |
| Spain | 176 | 12.0 | 28.6 | 42.6 | -37.7% |
| Greece | 656 | N/A | N/A | N/A | 0% |
| Others | 153 | 76.3 | 1,173 | 143 | -2.2% |
| Total | 7,392 | 2,397 | 4,625 | 3,511 | -22.0% |
Top Suppliers of Cereals; Barley, Seed to the UK in 2022:
- Denmark (3242.3 tons)
- France (1047.7 tons)
- Germany (295.3 tons)
- Spain (150.2 tons)
- Belgium (106.5 tons)
- Ireland (97.1 tons)
Cereals; Barley, Seed Exports in the UK
In 2022, approx. 1.1K tons of cereals; barley, seeds were exported from the UK; jumping by 159% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 243%. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; barley, seed exports soared to $669K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 199%. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Barley, Seed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 101 | 297 | 84.8 | 186 | 22.6% |
| France | 33.6 | 132 | 52.7 | 126 | 55.4% |
| Spain | 118 | 320 | 88.3 | 111 | -2.0% |
| Ireland | 32.6 | 127 | 36.2 | 90.6 | 40.6% |
| Germany | 5.5 | 23.2 | 26.6 | 58.3 | 119.7% |
| Others | 47.9 | 111 | 40.8 | 97.7 | 26.8% |
| Total | 338 | 1,009 | 329 | 669 | 25.6% |
Top Export Markets for Cereals; Barley, Seed from the UK in 2022:
- Spain (523.1 tons)
- Nigeria (173.0 tons)
- France (171.9 tons)
- Ireland (106.0 tons)
- Germany (61.2 tons)
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