Price for Cereal Grains; Rolled or Flaked, of Oats in Ghana - 2022

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of oatses stood at $832 per ton in 2022, falling by -4.1% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of oatses decreased by -7.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 71%. As a result, import price reached the peak level of $900 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,541 per ton), while the price for Belgium ($445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cereal grains; rolled or flaked, of oatses stood at $184 per ton in 2022, dropping by -43.7% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 122%. As a result, the export price attained the peak level of $702 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($632 per ton), while the average price for exports to the United States ($124 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 Togo (-3.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses increased by 1.4% to 141 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild descent.

In value terms, imports of cereal grains; rolled or flaked, of oatses reduced slightly to $117K in 2022. Over the period under review, imports, however, showed a noticeable slump.

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

1. Germany (74.3 tons)
2. Belgium (44.5 tons)
3. Netherlands (7.9 tons)
4. United Kingdom (4.8 tons)
5. Sri Lanka (4.2 tons)
6. Sweden (2.1 tons)

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

In 2022, after two years of decline, there was growth in shipments abroad of cereal grains; rolled or flaked, of oatses, when their volume increased by 4.4% to 942 kg. Overall, exports, however, faced a significant contraction.

In value terms, exports of cereal grains; rolled or flaked, of oatses contracted notably to $173 in 2022. Over the period under review, exports, however, faced a sharp descent.

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

1. Togo (805.0 kg)
2. United States (97.0 kg)
3. Canada (38.0 kg)

Source: IndexBox Market Intelligence Platform