Price for Cereal Grains; Rolled or Flaked, of Oats in New Zealand - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in New Zealand (CIF) - 2024
- Price for Cereal Grains; Rolled or Flaked, of Oats in New Zealand (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Oats in New Zealand
- Exports of Cereal Grains; Rolled or Flaked, of Oats in New Zealand
Price for Cereal Grains; Rolled or Flaked, of Oats in New Zealand (CIF) - 2024
In September 2023, the average import price for cereal grains; rolled or flaked, of oatses amounted to $933 per ton, growing by 2.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 22% month-to-month. As a result, import price reached the peak level of $1,101 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($1,574 per ton), while the price for Australia stood at $904 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Grains; Rolled or Flaked, of Oats in New Zealand (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of oatses stood at $1,333 per ton in 2022, which is down by -10.3% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of 36% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,460 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,399 per ton), while the average price for exports to Hong Kong SAR ($1,208 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 Malaysia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Oats in New Zealand
Imports of cereal grains; rolled or flaked, of oatses into New Zealand rose significantly to 7.1K tons in 2022, picking up by 12% on 2021 figures. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal grains; rolled or flaked, of oatses surged to $6.4M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Grains; Rolled or Flaked, of Oats in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.4 | 4.7 | 4.8 | 5.7 | 9.0% |
| Canada | 0.4 | 0.6 | 0.3 | 0.3 | -9.1% |
| Finland | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Poland | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 5.1 | 5.5 | 5.3 | 6.4 | 7.9% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to New Zealand in 2022:
- Australia (6.6K tons)
- Canada (0.2K tons)
- Poland (0.2K tons)
- Finland (0.2K tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in New Zealand
In 2022, the amount of cereal grains; rolled or flaked, of oatses exported from New Zealand reduced notably to 365 tons, with a decrease of -19% on 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, the exports reached the peak of 450 tons, and then fell rapidly in the following year.
In value terms, exports of cereal grains; rolled or flaked, of oatses reduced dramatically to $486K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, the exports attained the peak of $669K, and then dropped notably in the following year.
| Export of Cereal Grains; Rolled or Flaked, of Oats in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 173 | 202 | 364 | 383 | 30.3% |
| Malaysia | 19.3 | 35.0 | 35.3 | 19.4 | 0.2% |
| Cook Islands | 14.6 | 14.0 | 24.4 | 18.8 | 8.8% |
| Fiji | 4.8 | 15.6 | 63.7 | 18.1 | 55.6% |
| Singapore | 30.8 | 139 | 125 | 14.0 | -23.1% |
| China | 154 | 28.5 | 16.2 | 6.4 | -65.4% |
| Others | 23.9 | 24.3 | 40.1 | 27.0 | 4.1% |
| Total | 420 | 459 | 669 | 486 | 5.0% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from New Zealand in 2022:
- Hong Kong SAR (316.7 tons)
- Fiji (13.0 tons)
- Malaysia (7.9 tons)
- Singapore (7.1 tons)
- Cook Islands (6.1 tons)
- China (4.3 tons)
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