Grain import prices rise in Germany by 53.6% in March
독일
게시됨 2022년 5월 14일
Tridge 요약
The war in Ukraine, among other factors, is having an impact on the global supply of cereals and on their prices which, with regard to grain imports to Germany, increased by 53.6% year-on-year in March. As reported this Friday by the Federal Statistical Office (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 in prices 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 South America; high fertilizer prices and rising transport and energy costs. The war in Ukraine has only intensified this situation. CEREAL EXPORT PRICES ALSO GREW IN MARCH AT AN ABOVE-AVERAGE RHYTHM, 65.4% IN YEAR-ON-YEAR TERMS Thus, the prices of German grain 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 also grew in March at a rate above the average, 65.4% in year-on-year terms; while the export price index as a whole rose by 15.9%. In 2021, Germany imported some 11.4 million tons of ...