Price for Cereals; Millet, Other than Seed in Hungary - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Hungary (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Hungary (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Hungary
- Exports of Cereals; Millet, Other than Seed in Hungary
Price for Cereals; Millet, Other than Seed in Hungary (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $483 per ton in 2022, surging by 16% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed import price increased by +17.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the peak figure at $524 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,837 per ton), while the price for Ukraine ($409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Hungary (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $532 per ton, dropping by -33.9% against the previous year. Overall, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2021 an increase of 61% against the previous year. As a result, the export price attained the peak level of $804 per ton, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($1,270 per ton), while the average price for exports to Austria ($325 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 Slovenia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Millet, Other than Seed in Hungary
In 2022, supplies from abroad of cereals; millet, other than seeds decreased by -29.9% to 3.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 decreased by -32.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. As a result, imports reached the peak of 4.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; millet, other than seed imports contracted notably to $1.6M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Millet, Other than Seed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 577 | 1,301 | 1,309 | 1,174 | 26.7% |
| Germany | 73.8 | 50.5 | 175 | 171 | 32.3% |
| India | 14.2 | 80.5 | 29.5 | 94.2 | 87.9% |
| Estonia | N/A | N/A | N/A | 55.6 | 0% |
| Italy | 425 | 83.7 | 119 | N/A | -47.1% |
| Others | 330 | 476 | 335 | 100 | -32.8% |
| Total | 1,419 | 1,991 | 1,967 | 1,595 | 4.0% |
Top Suppliers of Cereals; Millet, Other than Seed to Hungary in 2022:
- Ukraine (2870.3 tons)
- India (112.7 tons)
- Estonia (110.0 tons)
- Germany (92.9 tons)
Exports of Cereals; Millet, Other than Seed in Hungary
In 2022, shipments abroad of cereals; millet, other than seeds was finally on the rise to reach 477 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt descent.
In value terms, cereals; millet, other than seed exports dropped to $253K in 2022. In general, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 48%.
| Export of Cereals; Millet, Other than Seed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.3 | 27.6 | 79.1 | 73.3 | 115.7% |
| Austria | 104 | 90.7 | 25.4 | 58.6 | -17.4% |
| Serbia | 115 | 36.7 | 1.1 | 31.4 | -35.1% |
| Slovenia | N/A | 0.4 | 58.5 | 22.0 | 641.6% |
| Poland | 47.2 | N/A | 7.4 | 18.2 | -27.2% |
| Romania | 10.9 | 9.2 | 13.2 | 10.3 | -1.9% |
| Italy | 63.5 | N/A | 1.5 | 7.2 | -51.6% |
| Germany | 37.3 | N/A | 22.9 | 3.6 | -54.1% |
| Netherlands | N/A | N/A | 41.7 | N/A | 0% |
| Others | 9.5 | 33.1 | 42.3 | 28.8 | 44.7% |
| Total | 394 | 198 | 293 | 253 | -13.7% |
Top Export Markets for Cereals; Millet, Other than Seed from Hungary in 2022:
- Austria (180.4 tons)
- France (103.0 tons)
- Serbia (72.7 tons)
- Poland (45.8 tons)
- Italy (21.1 tons)
- Slovenia (17.4 tons)
- Romania (15.5 tons)
- Germany (3.9 tons)
565
This report provides an in-depth analysis of the millet market in Hungary.
605
This report provides an in-depth analysis of the buckwheat market in Hungary.
505
This report provides an in-depth analysis of the canary seed market in Hungary.
379
This report provides an in-depth analysis of the fonio market in Hungary.
422
This report provides an in-depth analysis of the quinoa market in Hungary.
519
This report provides an in-depth analysis of the triticale market in Hungary.
749
This report provides an in-depth analysis of the cereal market in Hungary.
329
This report provides an in-depth analysis of the grain market in Hungary.
490
This report provides an in-depth analysis of the grain market in Hungary.
3419
This report provides an in-depth analysis of the global millet market.
5601
Global millet consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
2777
In 2015, the country with the largest volume of the millet output was India (X thousand tons), accounting for X% of global production.
1881
The U.S. continues its dominance in the global millet trade. In 2014, the U.S. exported X thousand tons of millet totaling X million USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% of its total millet
873
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6664
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3142
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3165
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2224
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
3602
In 2015, gross yield of buckwheat in the world increased after the fall of 2013-2014. Production volumes are increasing in Russia, as well as in China, together accounting for two thirds of global production. According to e
1829
The Mongozo Buckwheat White recently won gold at the World Beer Awards in London. Brewed with unique ingredients, the Buckwheat White is praised for its fresh and fruity aroma and smooth aftertaste. Most importantly, it is gluten-free, and is, therefor
