Price for Cereal Groats; Meal and Pellets in France - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in France (FOB) - 2023
- Price for Cereal Groats; Meal and Pellets in France (CIF) - 2023
- Exports of Cereal Groats; Meal and Pellets in France
- Imports of Cereal Groats; Meal and Pellets in France
Price for Cereal Groats; Meal and Pellets in France (FOB) - 2023
The average export price for cereal groats; meal and pelletses stood at $795 per ton in June 2023, which is down by -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 an increase of 18% m-o-m. As a result, the export price reached the peak level of $834 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,132 per ton), while the average price for exports to the Netherlands ($617 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in France (CIF) - 2023
In June 2023, the average import price for cereal groats; meal and pelletses amounted to $826 per ton, dropping by -2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in August 2022 an increase of 9.6% m-o-m. The import price peaked at $873 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Switzerland ($952 per ton) and Italy ($927 per ton), while the price for Belgium ($686 per ton) and Poland ($705 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats; Meal and Pellets in France
In 2022, shipments abroad of cereal groats; meal and pelletses decreased by -2.9% to 131K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild descent. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2%. As a result, the exports reached the peak of 145K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereal groats; meal and pellets exports soared to $92M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereal Groats; Meal and Pellets in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 14.0 | 14.1 | 17.4 | 21.4 | 15.2% |
Belgium | 14.2 | 14.4 | 11.4 | 16.1 | 4.3% |
United Kingdom | 10.0 | 13.1 | 12.2 | 15.0 | 14.5% |
Spain | 4.3 | 4.4 | 5.1 | 6.3 | 13.6% |
Germany | 1.5 | 2.5 | 3.8 | 4.7 | 46.3% |
Denmark | 2.0 | 2.1 | 3.7 | 4.5 | 31.0% |
Netherlands | 0.6 | 0.6 | 2.6 | 3.2 | 74.7% |
Greece | 1.1 | 1.3 | 2.1 | 2.6 | 33.2% |
Egypt | 1.7 | 2.7 | 1.5 | 2.4 | 12.2% |
Poland | 0.4 | 0.6 | 1.5 | 1.9 | 68.1% |
Cameroon | 0.8 | 0.7 | 1.5 | 1.9 | 33.4% |
Benin | N/A | 1.0 | 1.3 | 1.5 | 22.5% |
Saudi Arabia | 0.9 | 2.5 | N/A | 1.4 | 15.9% |
Others | 8.3 | 10.1 | 9.5 | 9.3 | 3.9% |
Total | 59.8 | 69.9 | 73.6 | 92.0 | 15.4% |
Top Export Markets for Cereal Groats; Meal and Pellets from France in 2022:
- Cote d'Ivoire (30.3K tons)
- Belgium (29.5K tons)
- United Kingdom (16.1K tons)
- Spain (10.0K tons)
- Germany (5.9K tons)
- Netherlands (5.4K tons)
- Denmark (5.2K tons)
- Egypt (4.0K tons)
- Cameroon (3.4K tons)
- Greece (2.4K tons)
- Saudi Arabia (2.3K tons)
- Poland (2.0K tons)
- Benin (2.0K tons)
Imports of Cereal Groats; Meal and Pellets in France
For the third year in a row, France recorded decline in purchases abroad of cereal groats; meal and pelletses, which decreased by -0.2% to 92K tons in 2022. Over the period under review, imports recorded a pronounced decline.
In value terms, cereal groats; meal and pellets imports skyrocketed to $69M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereal Groats; Meal and Pellets in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 12.5 | 15.3 | 13.9 | 18.3 | 13.5% |
Italy | 11.4 | 11.5 | 11.4 | 15.1 | 9.8% |
Belgium | 5.3 | 6.9 | 7.7 | 10.3 | 24.8% |
Luxembourg | 6.2 | 5.7 | 7.0 | 9.3 | 14.5% |
Germany | 5.8 | 4.3 | 6.1 | 8.2 | 12.2% |
Switzerland | 1.8 | 2.3 | 2.1 | 2.8 | 15.9% |
Poland | 0.4 | 0.8 | 1.5 | 2.0 | 71.0% |
Netherlands | 1.1 | 0.6 | 0.4 | 0.9 | -6.5% |
Others | 0.8 | 1.5 | 2.0 | 2.1 | 37.9% |
Total | 45.3 | 49.1 | 52.0 | 69.1 | 15.1% |
Top Suppliers of Cereal Groats; Meal and Pellets to France in 2022:
- Spain (25.6K tons)
- Belgium (15.3K tons)
- Italy (13.8K tons)
- Germany (13.1K tons)
- Luxembourg (11.9K tons)
- Switzerland (4.2K tons)
- Poland (3.3K tons)
- Netherlands (2.0K tons)
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