Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia - 2024

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia (FOB) - 2024
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia (FOB) - 2024

In January 2024, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $695 per ton, increasing by 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In January 2024, the countries with the highest prices were Japan ($770 per ton) and Taiwan (Chinese) ($728 per ton), while the average price for exports to India ($606 per ton) and China ($619 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,556 per ton in 2022, jumping by 22% against the previous year. Overall, the import price, however, continues to indicate a dramatic decrease. The growth pace was the most rapid in 2014 an increase of 37% against the previous year. Over the period under review, average import prices reached the peak figure at $20,800 per ton in 2012; however, from 2013 to 2022, import prices stood 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 ($5,559 per ton), while the price for Finland ($1,344 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.6%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia

In 2022, after three years of growth, there was decline in shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, when their volume decreased by -0.7% to 51K tons. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 61%. As a result, the exports reached the peak of 51K tons, leveling off in the following year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses reduced to $28M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $30M, and then fell in the following year.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Australia in 2022:

1. Taiwan (Chinese) (20.5K tons)
2. India (17.2K tons)
3. China (9.9K tons)
4. Japan (1.9K tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Australia

In 2022, supplies from abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by -67.4% to 229 tons, falling for the second year in a row after two years of growth. Overall, imports saw a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses contracted markedly to $356K in 2022. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 31%. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Australia in 2022:

1. Finland (211.9 tons)
2. United States (8.8 tons)
3. China (3.5 tons)

Source: IndexBox Market Intelligence Platform