Price for Cereals; Grain Sorghum, Other than Seed in Denmark - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Denmark (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Other than Seed in Denmark (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Other than Seed in Denmark
  4. Exports of Cereals; Grain Sorghum, Other than Seed in Denmark

Price for Cereals; Grain Sorghum, Other than Seed in Denmark (CIF) - 2022

The average import price for cereals; grain sorghum, other than seeds stood at $486 per ton in 2022, surging by 14% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 191% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($506 per ton) and the Czech Republic ($477 per ton), while the price for the Netherlands ($446 per ton) and Germany ($459 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+51.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in Denmark (FOB) - 2022

In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $20,278 per ton, jumping by 250% against the previous year. Overall, the export price enjoyed significant growth. The export price peaked at $45,594 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +75.9% per year.

Imports of Cereals; Grain Sorghum, Other than Seed in Denmark

In 2022, supplies from abroad of cereals; grain sorghum, other than seeds increased by 42% to 716 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable setback.

In value terms, imports of cereals; grain sorghum, other than seeds soared to $348K in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Grain Sorghum, Other than Seed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany259175197217-5.7%
Czech RepublicN/AN/AN/A84.60%
PolandN/AN/AN/A12.90%
NetherlandsN/AN/AN/A12.80%
Others3.93.518.420.172.7%
Total2631782153489.8%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Denmark in 2022:

  1. Germany (473.3 tons)
  2. Czech Republic (177.4 tons)
  3. Netherlands (28.7 tons)
  4. Poland (25.5 tons)

Exports of Cereals; Grain Sorghum, Other than Seed in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of cereals; grain sorghum, other than seeds, which increased by 208% to 302 kg in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereals; grain sorghum, other than seeds skyrocketed to $6.1K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereals; Grain Sorghum, Other than Seed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A6.10%
NorwayN/A0.4N/AN/A0%
Sweden3.1N/AN/AN/A0%
ItalyN/AN/A0.5N/A0%
OthersN/AN/AN/AN/A0%
Total3.10.40.66.125.3%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Denmark in 2022:

  1. Netherlands (302.0 kg)

Source: IndexBox Market Intelligence Platform

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