Grain import prices rise in Germany by 53.6% in March
독일
게시됨 2022년 5월 17일
Tridge 요약
The war in Ukraine, among other factors, is having an impact on the global supply of cereals and their prices, which, with regard to imports to Germany, increased by 53.6% year-on-year in March. As reported this Friday by the Federal Office Statistics (Destatis), the last time a higher variation rate was recorded was in May 2011, with an increase in import prices of 74.0%. This increase in prices in March affected all types of cereals.
원본 콘텐츠
Thus, the price of wheat rose by 65.3%, as did barley, rye and oats; and that of corn 37.4%. However, since January last year the prices of imported cereals had already increased considerably. The increase is due to several reasons: the high world demand and the scarce supply due to bad weather conditions in important producing countries such as the United States, Canada, Australia or in South America; high fertilizer prices and rising transport and energy costs. The war in Ukraine has only intensified this situation. Thus, the prices of German imports as a whole rose by 31.2% year-on-year in March, the highest variation since September 1974, during the first oil crisis. cereal export prices grew at an above-average rate in March, 65.4% year-on-year; while the export price index as a whole rose by 15.9%. In 2021, Germany imported some 11.4 million tonnes of grain worth €3.2 billion, a decrease in volume terms of 7, 3% compared to 2020, when 12.3 million tons of grain worth 3,000 ...