Price for Cereals; Grain Sorghum, Other than Seed in France - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in France (FOB) - 2023
- Price for Cereals; Grain Sorghum, Other than Seed in France (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in France
- Imports of Cereals; Grain Sorghum, Other than Seed in France
Price for Cereals; Grain Sorghum, Other than Seed in France (FOB) - 2023
In August 2023, the average export price for cereals; grain sorghum, other than seeds amounted to $377 per ton, rising by 3.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 6.7% m-o-m. The export price peaked in August 2023.
As there is only one major export destination, the average price level is determined by prices for the UK.
From November 2022 to August 2023, the rate of growth in terms of prices for Belgium amounted to +1.0% per month.
Price for Cereals; Grain Sorghum, Other than Seed in France (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $345 per ton, growing by 26% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereals; grain sorghum, other than seeds increased by +90.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 67%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 the Netherlands ($571 per ton), while the price for Germany ($276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Grain Sorghum, Other than Seed in France
In 2022, shipments abroad of cereals; grain sorghum, other than seeds decreased by -7% to 141K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 155K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $43M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Cereals; Grain Sorghum, Other than Seed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 11.8 | 19.3 | 22.8 | 27.0 | 31.8% |
| Belgium | 4.0 | 4.2 | 6.4 | 5.1 | 8.4% |
| United Kingdom | 2.3 | 2.7 | 3.9 | 3.5 | 15.0% |
| Netherlands | 2.9 | 2.0 | 1.5 | 3.3 | 4.4% |
| Italy | 1.1 | 1.4 | 1.5 | 2.6 | 33.2% |
| Portugal | 0.5 | 0.7 | 1.3 | 1.3 | 37.5% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 22.9 | 30.4 | 37.3 | 42.9 | 23.3% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from France in 2022:
- Spain (88.2K tons)
- Belgium (16.7K tons)
- United Kingdom (11.5K tons)
- Netherlands (11.0K tons)
- Italy (8.8K tons)
- Portugal (4.0K tons)
Imports of Cereals; Grain Sorghum, Other than Seed in France
In 2022, approx. 1.7K tons of cereals; grain sorghum, other than seeds were imported into France; surging by 61% against 2021. In general, imports saw a significant increase. 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 $571K in 2022. Over the period under review, imports showed a significant 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 France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 63.5 | 45.7 | 116 | 236 | 54.9% |
| Spain | N/A | N/A | 9.1 | 124 | 1262.6% |
| Belgium | 29.4 | 16.9 | 27.3 | 101 | 50.9% |
| Netherlands | 41.1 | 38.9 | 13.4 | 52.6 | 8.6% |
| Italy | 6.2 | 72.3 | 87.8 | N/A | 276.3% |
| Others | 9.7 | 16.9 | 28.7 | 56.8 | 80.2% |
| Total | 150 | 191 | 282 | 571 | 56.1% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to France in 2022:
- Germany (856.4 tons)
- Spain (412.9 tons)
- Belgium (253.9 tons)
- Netherlands (92.1 tons)
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