Price for Cereals; Grain Sorghum, Other than Seed in Colombia - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Colombia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Colombia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Colombia
- Imports of Cereals; Grain Sorghum, Other than Seed in Colombia
Price for Cereals; Grain Sorghum, Other than Seed in Colombia (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $4,600 per ton in 2022, picking up by 397% against the previous year. Overall, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Suriname.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +15.1% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Colombia (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $148 per ton in 2022, rising by 4.5% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $248 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($165 per ton), while the price for the United States amounted to $144 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).
Exports of Cereals; Grain Sorghum, Other than Seed in Colombia
In 2022, exports of cereals; grain sorghum, other than seeds from Colombia shrank rapidly to 40 kg, waning by -99.9% compared with the previous year. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 5,095%. As a result, the exports reached the peak of 52 tons, and then declined remarkably in the following year.
In value terms, exports of cereals; grain sorghum, other than seeds contracted markedly to $184 in 2022. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 6,499%. As a result, the exports attained the peak of $48K, and then dropped dramatically in the following year.
| Export of Cereals; Grain Sorghum, Other than Seed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Suriname | N/A | N/A | N/A | 0.2 | 0% |
| Aruba | 0.5 | N/A | 0.5 | N/A | 0.0% |
| Nigeria | 11.6 | 0.7 | 47.2 | N/A | 101.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.1 | 0.7 | 47.8 | 0.2 | -74.5% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Colombia in 2022:
- Suriname (40.0 kg)
Imports of Cereals; Grain Sorghum, Other than Seed in Colombia
After three years of growth, overseas purchases of cereals; grain sorghum, other than seeds decreased by -5.7% to 75K tons in 2022. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year.
In value terms, imports of cereals; grain sorghum, other than seeds declined to $11M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 3% against the previous year. As a result, imports attained the peak of $11M, and then declined slightly in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.8 | 6.9 | 8.1 | 8.7 | 14.5% |
| Argentina | 4.8 | 3.9 | 3.1 | 2.3 | -21.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.5 | 10.9 | 11.2 | 11.0 | 1.6% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Colombia in 2022:
- United States (60.5K tons)
- Argentina (14.1K tons)
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