Price for Cereals; Grain Sorghum, Other than Seed in Angola - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Angola (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Angola (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Angola
- Exports of Cereals; Grain Sorghum, Other than Seed in Angola
Price for Cereals; Grain Sorghum, Other than Seed in Angola (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $2,398 per ton in 2022, falling by -56.4% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 83%. The import price peaked at $32,009 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 South Africa ($24,773 per ton), while the price for India ($173 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-14.9%).
Price for Cereals; Grain Sorghum, Other than Seed in Angola (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $840 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 a decrease of -86.8% against the previous year. The export price peaked at $2,118 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2019 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -22.1% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Angola
In 2022, approx. 2.6 tons of cereals; grain sorghum, other than seeds were imported into Angola; jumping by 132,300% against the previous year's figure. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds skyrocketed to $6.3K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| South Africa | 7.0 | 10.0 | 5,128 | 2606.6% | |
| Namibia | 1.0 | 1.0 | 1,100 | 3216.6% | |
| India | N/A | N/A | 121 | 0% | |
| Others | 1.0 | N/A | N/A | 0% | |
| Total | 9.0 | 11.0 | 6,349 | 2556.0% | |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Angola in 2022:
- Namibia (1741.0 kg)
- India (700.0 kg)
- South Africa (207.0 kg)
Exports of Cereals; Grain Sorghum, Other than Seed in Angola
In 2022, overseas shipments of cereals; grain sorghum, other than seeds decreased by 0% to 25 kg, falling for the second consecutive year after two years of growth. In general, exports saw a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 30%. As a result, the exports reached the peak of 39 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cereals; grain sorghum, other than seeds amounted to $21 in 2022. Overall, exports recorded a precipitous slump. The smallest decline of -82.8% was in 2020.
| Export of Cereals; Grain Sorghum, Other than Seed in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 40.0 | 10.8 | N/A | N/A | -73.0% |
| Democratic Republic of the Congo | 22.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 62.9 | 10.8 | N/A | N/A | -82.8% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Angola in 2022:
- Democratic Republic of the Congo (25.0 kg)
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